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Jul302014

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U.S.-Africa Business Success Stories: How a Supplier of Powerboats to the U.S. Military Started Doing Business in Nigeria

Trade and InvestmentU.S.-Africa Business Forum
This post is part of the U.S.-Africa Business Success Stories series highlighting the work of the Department of Commerce to strengthen the economic relationship between U.S. and African businesses. This series will lead up to the U.S. Africa Business Forum on August 5th, the first of its kind event, which will convene African heads of state and government, U.S.

Jul302014

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EDA and the International Economic Development Council Create User-Friendly Tool to Help Communities Recover Their Economy after Disasters

EnvironmentDataEconomic Recovery and Resiliency
Everyone sees the destruction caused by a natural disaster – the loss of life and property make headlines for weeks. But natural disasters can have lasting effects that don’t garner as much media attention. Beyond property and infrastructure costs, disasters impact the health of the business community.

Jul302014

Statement from U.S. Commerce Secretary Penny Pritzker on the Advance Estimate Of GDP in the Second Quarter Of 2014

Trade and InvestmentGross Domestic Product (GDP)Open for Business AgendaForeign Direct Investment (FDI)
The U.S. Commerce Department’s Bureau of Economic Analysis today released its advance estimate of gross domestic product (GDP) growth for the second quarter of 2014. Real GDP increased at an annual rate of 4.0 percent, exceeding market expectations of a 3.0 percent rise.

Jul302014

U.S. Secretary of Commerce Penny Pritzker Discusses Importance of U.S.-India Commercial Relationship

Trade and InvestmentSelectUSASecretary of State John KerryU.S.-India Strategic DialogueManufacturing
At a luncheon meeting hosted by the Confederation of Indian Industry, U.S. Secretary of Commerce Penny Pritzker delivered remarks on U.S. efforts to promote a broader economic partnership with India. She noted that the bilateral commercial relationship has long stood as a core pillar of the U.S.-India alliance, and that the United States is committed to working with the newly-elected Indian...

Jul302014

Opinion Editorial -- The Economic Times -- India’s economic strength and business environment are of strategic importance to the U.S.

InnovationTrade and InvestmentSelectUSAIntellectual Property (IP)
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...

Jul292014

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Building Bridges to Young Africa Leaders

InnovationTrade and InvestmentU.S.-Africa Business ForumPresidential Ambassadors for Global Entrepreneurship (PAGE)Young African Leader InitiativeEntrepreneurship
Guest blog post by U.S. Deputy Secretary of Commerce Bruce Andrews. The United States understands the importance of creating opportunities for young people to succeed, both in this country and around the world.

Jul292014

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The U.S. Partnerships and Initiatives Spurring Economic Growth in Africa

Trade and InvestmentDoing Business in Africa CampaignPower AfricaPresidential Ambassadors for Global Entrepreneurship (PAGE)Trade AfricaU.S.-Africa Business ForumU.S. Foreign Commercial ServiceEntrepreneurship
President Obama has called Africa “the world's next great economic success story.” According to the African Development Bank, Africa maintained an average GDP growth rate of 3.9 percent in 2013, exceeding the 3 percent rate for the global economy.

Jul282014

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Commerce in the Community: MDC utilizes effective partnership model to promote sustainable economic development and opportunity at the community level

InnovationDavid DodsonCommerce in the CommunityWorkforce DevelopmentEducation
This post is part of the Commerce in the Community series highlighting the work of community leaders and organizations that are strengthening the middle class and providing ladders of opportunity for all Americans.

Jul252014

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Commerce Joins Federal Partners to Present Job Training Programs Review

InnovationManufacturing Extension Partnership (MEP)Open for Business AgendaWorkforce DevelopmentSkills for Business
A strong, skilled American workforce is essential to ensuring that U.S. businesses are able to compete in the global economy. In the 2014 State of the Union Address, President Obama asked that I join Vice President Biden, Secretary Perez, and Secretary Duncan to lead a review of federal training programs, to ensure that these programs prepare workers for the jobs that are available right now.

Jul232014

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SEWW Energy, Inc. Inks a $175 million deal spanning 7 years following West Africa Trade Mission with Commerce Department

Trade and InvestmentU.S.-Africa Business ForumWest Africa Trade MissionSEWW Energy
This post is part of the U.S.-Africa Business Success Stories series highlighting the work of the Department of Commerce to strengthen the economic relationship between U.S. and African businesses. This series will lead up to the U.S. Africa Business Forum on August 5th, the first of its kind event, which will convene African heads of state and government, U.S.

Jul232014

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NOAA and Partners Provide Real-time Information to Keep Economic Activity Flowing in Port of Jacksonville

DataEnvironmentPhysical Oceanographic Real-time System
Our country’s port system is an essential driver of the U.S. economy and for connecting us to the rest of the world. Every day, U.S. ports and waterways handle millions of tons of domestic and international cargo ranging from agricultural products to heating oil and automobiles.

Jul222014

Statement from U.S. Commerce Secretary Penny Pritzker on Administration’s Report on Job-Driven Training

InnovationWorkforce Innovation and Opportunity ActWorkforce Development
Today, President Obama signed H.R. 803, the Workforce Innovation and Opportunity Act, and announced a new report led by the Vice President that highlights the results of a government-wide review of federal employment and training programs. U.S. Secretary of Commerce Penny Pritzker issued the following statement this afternoon.

Jul182014

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Secretary Pritzker Underscores Importance of Innovation and American Manufacturing at Visit to Whirlpool Corporation

InnovationWhirlpool CorporationOpen for Business AgendaManufacturing
U.S. Secretary of Commerce Penny Pritzker discussed the importance of innovation and American manufacturing to the U.S. economy during a tour and panel discussion with business leaders and CEOs at the Whirlpool Corporation’s headquarters in Benton Harbor, Michigan.

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