Fact Sheets

Jan052017

The Department of Commerce (the Department) sits at the intersection of all business and economic issues, both domestically and abroad. A single mission unites our 12 bureaus and 46,000 employees: to help create the conditions for economic growth, job creation, and opportunity across the United States. Throughout President Obama’s Administration, we took strides to make our team more outcome-...

Dec212016

The Advanced Regenerative Manufacturing Institute (ARMI), Inc., headquartered in Manchester, NH, brings nearly $300 million in public-private investment from leading manufacturers and universities to develop the cells, tissues, and organs that may one day restore form and function to wounded warriors and civilians.

Nov232016

As key trading partners and the world’s two largest economies, the United States and China share a mutual interest in promoting economic prosperity, both nationally and globally, through cooperative and constructive bilateral engagement under the auspices of the JCCT. During the 27th meeting of the JCCT, the two sides focused on ensuring the fulsome implementation of past JCCT commitments and...

Oct072016

U.S. manufacturing is making a comeback, with more than 800,000 new jobs added since the sector turned the corner after the Great Recession in 2010. For the last four years in a row, global CEOs have named the United States the best place to make and invest, and new capital investment is flowing in to a broad range of manufacturing technologies.

Sep212016

Africa’s immense economic potential, increasing integration into global markets, expanding infrastructure, and demographic boom provide a remarkable opportunity to enhance U.S. trade and investment ties across the continent.  African countries are tackling economic challenges by diversifying their economies, streamlining regional and global economic cooperation, and innovating to overcome...

Jun242016

Document(s) attached
President Obama today will take part in the 7th annual Global Entrepreneurship Summit (GES) at Stanford University in Silicon Valley, California, which will feature new commitments to promote entrepreneurship as a driver for economic growth, social inclusion, and secure communities. Following his historic 2009 Cairo speech, President Obama elevated innovation and entrepreneurship in the U.S...

Mar222016

El 17 de diciembre de 2014 el Presidente Obama anunció que Estados Unidos cambiaría su política con respecto a Cuba y avanzaría en dirección a una normalización de las relaciones entre los dos países. A partir de ese anuncio, departamentos y agencias han realizado una serie de cambios en los reglamentos para facilitar el aumento del desarrollo económico en Cuba que continuará empoderando a los...

Mar212016

On December 17, 2014, President Obama announced that the United States would change its policies toward Cuba and move toward normalizing relations between the two countries. Since that announcement, departments and agencies have made a series of regulatory changes to allow for increased economic development in Cuba that will continue to empower the Cuban people and advance our enduring objectives...

Mar112016

The U.S. Department of Commerce has made it a priority to ensure that all U.S. companies have access to the digital economy and can reach global markets. To further this goal Commerce, through the Commercial Service arm of the International Trade Administration, is piloting an expert network of “digital attaches” in its offices in U.S. embassies in key markets to help U.S. firms increase...

Feb092016

Under the President’s leadership, we have turned our economy around and created 14 million jobs. Our unemployment rate is below five percent for the first time in almost eight years. Nearly 18 million people have gained health coverage as the Affordable Care Act has taken effect. And we have dramatically cut our deficits by almost three-quarters and set our Nation on a more sustainable fiscal...

Jan152016

In the days immediately following the State of the Union, Secretary of Commerce Penny Pritzker and other Cabinet officials are embarking on the “State of the Union: Cabinet In Your Community” road tour to engage Americans in small towns, big cities and Indian country about the advancements the Administration has made on the most important issues facing the American people, as well as the...

Dec212015

As recognized by the joint Presidential Economic Fact Sheet issued during President Xi’s State Visit to the United States: “The United States and China highly value the important role the U.S.-China Joint Commission on Commerce and Trade (JCCT) plays in promoting bilateral economic relations and expanding mutually beneficial cooperation.”

Sep222015

The United States and India share a strong and growing commercial and economic relationship, driven by entrepreneurs and businesses in both countries. In January, President Obama and Prime Minister Modi decided to elevate the bilateral commercial and economic partnership by establishing the first-ever U.S.-India Strategic and Commercial Dialogue (S&CD) which was held today in Washington, DC...

May112015

The Presidential Ambassadors for Global Entrepreneurship (PAGE) initiative was created to develop the next generation of entrepreneurs both at home and abroad. President Obama launched the initiative last April in the Roosevelt Room at the White House. In the initiative’s first year, PAGE members utilized their knowledge, ideas, and talent to inspire and empower the next generation of...

Jan152015

El 17 de diciembre, 2014 el Presidente anunció un conjunto de cambios diplomáticos y económicos para trazar un nuevo curso en las relaciones entre Estados Unidos y Cuba, a fin de interaccionar más y empoderar al pueblo cubano. El Departamento del Tesoro y el Departamento de Comercio de Estados Unidos anuncian hoy la próxima publicación de modificaciones a las Normas de Control de Activos Cubanos...

Jan152015

On December 17, 2014 the President announced a set of diplomatic and economic changes to chart a new course in U.S. relations with Cuba and to further engage and empower the Cuban people. The U.S. Department of the Treasury and the U.S. Department of Commerce today are announcing the forthcoming publication of the revised Cuban Assets Control Regulations (CACR) and Export Administration...

Dec062013

To compete in an increasingly global economy, the United States must come up with innovative strategies that will lead to economic growth and job creation around the country. The ‘Investing in Manufacturing Communities Partnership’ (IMCP) seeks to enhance the way we leverage federal economic development funds to encourage American communities to focus not only on attracting individual...

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