Opinion Editorials

Oct262016

Simon Kuznets is not a household name. Born to a Jewish family in pre-Soviet Belarus in 1901, Kuznets studied economics in Ukraine until 1922, when Russian persecution led him to immigrate to America. In New York, Kuznets would complete his studies at Columbia University and go on to become one of the world’s most renowned economists, whose work still shapes the way we understand our economy...

Sep212016

Over the last eight years, America has written a new chapter in our relationship with Africa. Under President Obama’s leadership, we have worked to transition our support for the continent from aid to trade and empowerment. We have started to build a full, equal, advanced economic partnership — a partnership that holds as much promise for African countries as it does for America. This week’s U.S...

Sep142016

From strengthening cybersecurity, to promoting the free flow of information worldwide, to expanding broadband access, the Obama Administration has consistently championed policies to ensure the Internet remains the greatest platform for free expression, innovation, and economic opportunity ever known. Yet just as the United States, our allies, and global Internet freedom advocates prepare to...

Sep132016

Growing up in a family that made everything from railroad tank cars to medical equipment, I was raised with a deep appreciation of the American manufacturing tradition. Today, as Secretary of Commerce, I have the opportunity to not only see firsthand the modern reality of our industrial base but to partner with manufacturers across the country to strengthen this critical sector of our economy.

Aug242016

Today, no other country attracts more foreign direct investment than the United States. Cities and towns across America are benefiting from the international firms that have become vital members of their communities – from Mercedes-Benz in Charleston, South Carolina to Kudelski Group in Phoenix, Arizona.  Companies like these make valuable contributions not only to our local economies, but also...

Aug102016

This August 4, we celebrated America’s tradition of discovering the next ‘big idea’ by participating in Startup Day Across America 2016. Since its launch four years ago, this annual event has provided individuals from across the country the opportunity to learn from the next generation of great entrepreneurs.

Jul112016

When I was initially asked to join a panel focused on women’s entrepreneurial leadership at the seventh Global Entrepreneurial Summit last month, I thought long and hard about what it has meant to be a woman in business for over thirty years. I was happy to arrive at the conclusion that finally, significant progress is being made to develop and nurture an entrepreneurial ecosystem for women...

May062016

America's travel and tourism industry is on the rise. Representing $1.6 trillion in economic activity yearly, this sector of our economy supports more than 8.1 million U.S. jobs. One out of every eighteen Americans is employed by travel and tourism-related businesses, the overwhelmingly majority of which are classified as small firms. In fact, more people are employed by travel and tourism-...

Apr082016

Today, Brooklyn-made products are exported to countries all over the world, from Canada and Brazil to Saudi Arabia and Japan. But before that was possible, America’s fourth largest city had to reinvent its manufacturing industry. Throughout the 1970s, '80s and '90s, the urban economy of Brooklyn, as in many other cities, was shattered. There was massive population loss and an exodus of...

Mar112016

Our country and the entire world are living through one of the most remarkable economic and societal transformations in history and it is being driven by technology. In this changing world, economic growth and competitiveness are increasingly tied to the digital economy. This technology revolution has been dramatic.

Jul272015

When President Obama recently signed Trade Promotion Authority and Trade Adjustment Assistance into law, it marked a victory for bipartisanship, for common sense, and, most importantly, for American businesses and our workers. By continuing to engage with trading partners throughout the world, we are ensuring that the U.S. does not cede ground in the race for economic and job growth — and we are...

Jun232015

Chicago's Garrett Popcorn is a local institution whose flavored snacks have been enjoyed by Chicagoans and visitors for more than 65 years. Recently, the chain was recognized for something more than its unique combination of sweet CaramelCrisp and savory CheeseCorn flavors: the success the company has achieved selling its popcorn to overseas customers...

Jun052015

The beautiful city of Orlando hosted the U.S. Travel Association's annual IPW Bringing the World to America marketplace this week. IPW is the world's largest travel and tourism trade show. Over the past few days, 1,350 potential international customers met with 1,100 American companies and bought approximately $4.7 billion dollars in products and services such as helicopter rides over...

May142015

In today's economy, all businesses need to think globally. Any entrepreneur or CEO faces a world that is more interconnected and more competitive than ever -- and to succeed in the 21st century, any smart enterprise knows that its customer base is not just around the corner, but around the world. There is no doubt that the global economic landscape has changed dramatically in recent years...

Apr102015

There are 11.7 million reasons to lead on trade. That’s the estimated number of American jobs supported by exports in 2014, our fifth consecutive year of record-breaking exports. These record performances are truly a “Team USA” effort, driven by businesses of all sizes from all sectors across our economy. If any one group deserves special attention, it is our small businesses, which comprise 98...

Mar132015

On Dec. 17, 2010, a Tunisian street vendor named Mohammed Bouazizi staged a desperate protest against corrupt local officials by setting himself on fire. The act helped trigger a revolution in his country and a wave of uprisings across North Africa and the Middle East. The consequences of his actions were complex, but his demands were simple: He wanted to earn a good living, start a business and...

Mar062015

Today, we cannot forget that the roots of that extraordinary political upheaval were about economic freedom. Indeed, Mohamed Bouazizi’s demands were simple: the chance to earn a good living; the opportunity to start a business; and the need to put food on the table and support a family.

Feb102015

Thanks to the resilience of U.S. workers and businesses of all sizes, "Made in America" is making a comeback. According to data released last week by the Department of Commerce, American businesses exported $2.35 trillion in goods and services in 2014, hitting a record high for the fifth straight year. The United States sold more to our 20 free trade partners than ever before and...

Jan062015

On both sides of the 2,000 mile border we share with Mexico, our people and our businesses are working together to create jobs, economic opportunity, and prosperity. The interests we share with our neighbor to the south, our third largest trading partner in the world, are not just about border security and immigration.

Aug062014

Yesterday, the Department of Commerce and Bloomberg Philanthropies co-hosted the first-ever U.S.-Africa Business Forum, an extraordinary event attended by President Obama, President Clinton, more than 40 African government leaders, and nearly 200 CEOs from some of the most successful companies on both continents.

Jul302014

The long-standing partnership between the US and India is on the cusp of an historic transformation. Working together, the world's oldest democracy and the world's largest democracy can forge a new era of shared prosperity and security for hundreds of millions of people in India, across Asia and the world...

Mar312014

This is an open letter to parents across America. As hard as it may be to believe some days, research shows you actually have a lot of sway over your children's classroom and career choices. That is great news for parents, like you, who want their children to find careers that pay well, offer interesting life-long challenges and make our country stronger. ...

Mar312014

“If you go back a few hundred years, what we take for granted today would seem like magic – being able to talk to people over long distances, to transmit images, flying, accessing vast amounts of data like an oracle. These are all things that would have been considered magic a few hundred years ago” — Elon Musk, the founder of Tesla, SpaceX and Paypal.

Dec162013

When companies first try to decide where to locate new facilities and create hundreds of jobs, executives often weigh a number of factors: will they have access to a workforce with specialized skills? Can they partner with regional universities on advanced research? Are there local net-works of parts suppliers available? What kind of infrastructure exists so companies can ship their products all...

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