The Commerce Blog

Feb102015

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Kathryn Sullivan, Ph.D., under secretary of commerce for oceans and atmosphere, and NOAA’s administrator at the SeaWeb Seafood Summit in New Orleans released a new NOAA report that identified six nations -- Colombia, Ecuador, Mexico, Nigeria, Nicaragua, and Portugal -- as engaging in illegal, unreported and unregulated fishing (IUU).

Feb032015

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Yesterday, Secretary Pritzker released the U.S. Department of Commerce’s fiscal year 2016 budget request. The FY 2016 budget request supports and builds on President Obama’s vision for creating economic opportunity that will benefit all Americans.

Feb022015

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Last week, the National Inventors Hall of Fame, in partnership with the United States Patent and Trademark Office (USPTO) announced the 2015 Hall of Fame inductees. These visionary inventors each patented inventions that revolutionized their industries and changed people’s lives. Of the fourteen new inductees, seven will be honored posthumously.

Jan302015

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Washington State brought in $7 million in IMCP-aligned federal agency funds just months after receiving one of the “manufacturing community” designations from the U.S. Department of Commerce. That’s a pretty shining endorsement of the Investing in Manufacturing Communities Partnership (IMCP) program, right?

Jan302015

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A community can’t attract investment if it doesn’t have a clear sense of what it has to offer to a potential company or industry looking to locate there. That’s why the U.S. Economic Development Administration (EDA) has tools to help communities identify assets in their regions that will help to attract private investment: the National Excess Manufacturing Capacity Catalogue (NEXCAP) and the U.S.

Jan302015

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Puerto Rican businesses and entrepreneurs looking for opportunities that drive growth found them during Puerto Rico’s MBDA Business Center’s Minority Enterprise Development Week (MED Week) conference held on January 30th in San Juan’s Condado Plaza Hotel.

Jan292015

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There has never been a better time to invest in the United States. With a resurgent economy and a strong economic foundation to support growth for years to come, it is no wonder the United States is the world’s top destination for businesses looking to expand.

Jan292015

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The United States is an attractive destination for foreign investment dollars for a variety of reasons, including a large economy with diverse consumer markets, a skilled labor force (thanks to community colleges with skill-development missions as well as research universities) and a predictable and stable regulatory system.

Jan272015

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County economies are the building blocks of regional economies (metropolitan areas and micropolitan areas), states and the nation. County governments ensure the functioning of these fundamental units of the U.S. economy by building and maintaining basic infrastructure assets, keeping communities healthy and safe and providing the social safety net for those in need.

Jan272015

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Secretary Pritzker today concluded a three-day trip to India, where she was honored to join the U.S. delegation traveling with President Obama. During the trip, she announced the expansion of the U.S.-India Strategic Dialogue to a Strategic and Commercial Dialogue (S&CD), reflecting the two countries’ commitment to strengthening commercial and economic ties.

Jan262015

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As part of President Obama’s official delegation to India, U.S. Secretary of Commerce Penny Pritzker joined the President and Prime Minister of India Narendra Modi at the U.S.-India Business Summit where they addressed a large group from both the U.S. and Indian private sectors on ways to expand market access and increase opportunities for U.S.

Jan232015

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The San Antonio MBDA Business Center’s specialty is helping minority businesses (MBEs) find exporting opportunities in Latin America. Aligning with White House initiatives such as Look South, the center has assisted numerous MBEs develop international market entry strategies that vary by sector, size, capabilities, targeted countries and regions.

Jan232015

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On Wednesday, Secretary Penny Pritzker traveled to Charlotte, North Carolina to participate in an armchair discussion with Charlotte Chamber President and CEO Bob Morgan. She highlighted the progress made in America’s economic recovery in 2014, and discussed President Obama’s plans to build on that momentum with the policies discussed in the State of the Union Address.

Jan222015

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2015 is off to a great start for International Economic Development Council (IEDC) and I am excited and honored to spend the next 12 months as the Chair of our Board of Directors. In this capacity, I will be traveling the globe and conferring with my fellow economic developers on many of the pressing issues and opportunities our profession is facing.

Jan202015

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On Monday, Secretary Penny Pritzker participated in the Project Management Day of Service ScopeAthon as part of the Martin Luther King Day of service. Additionally, Deputy Secretary Bruce Andrews participated in City Year DC’s service project at Eastern Senior High School.

Jan152015

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In order to help revitalize a struggling American economy in the post-Depression 1930s, the Rural Electrification Act called for a push to electrify rural areas. Connecting otherwise hard-to-reach communities through electricity and telephone services gave them the ability to more easily compete on both the national and global economic stage.

Jan142015

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Over the past five years, we at NTIA have seen first-hand through our broadband grant program the power of broadband to transform lives and impact communities. Broadband has become a cornerstone of economic growth, providing Americans the tools they need to participate in the rapidly growing digital economy.

Jan142015

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Exports are a vital part of the Obama Administration’s economic growth agenda, therefore, the Commerce Department and the White House hosted a fly-in that brought business leaders from around the country to Washington for a panel discussion on ways to send more products stamped “Made in America” around the world.

Jan142015

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The United Kingdom and Ireland are both home to flourishing tech startups looking for the right opportunities to grow globally. The United States is the logical target for their expansion, especially given its 320 million consumers, free trade agreements with 20 other markets, and massive market for technology purchases.

Jan132015

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Today, U.S. Secretary of Commerce Penny Pritzker, Secretary of Labor Tom Perez, NEC Director Jeff Zients and Senior Advisor to the President Valerie Jarrett, hosted a delegation of Swiss business leaders, who are making significant U.S. foreign direct investment (FDI) in the United States.

Jan092015

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Yesterday, U.S. Deputy Commerce Secretary Bruce Andrews concluded a two-day visit to Las Vegas, where he toured the floor of the 2015 International Consumer Electronics Show (CES) and addressed Las Vegas business leaders at the Chamber of Commerce on the importance of innovation and entrepreneurship to the American economy.

Jan092015

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In the summer of 2010 -- just three years after the introduction of the iPhone -- President Obama called on the National Telecommunications and Information Administration (NTIA) to collaborate with the Federal Communications Commission (FCC) to free up critical radio spectrum to fuel the breakneck growth of the wireless broadband market.

Jan082015

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The Commerce Department’s National Institute of Standards and Technology (NIST) recently announced they are accepting applications for two grant programs for middle school science teachers and for its annual NIST Summer Undergraduate Research Fellowship (SURF) program.

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