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Secretary Pritzker Addresses Importance of Data to the Digital Economy and Announces Major Growth in Data Jobs Over Last Decade

Secretary Pritzker Addresses Importance of Data to the Digital Economy and Announces Major Growth in Data Jobs Over Last Decade

U.S. Secretary of Commerce Penny Pritzker today participated in three separate events at the 2015 South by Southwest (SXSW) festival in Austin, Texas underscoring the importance of entrepreneurs and small businesses to the economy. During her SXSW events, Secretary Pritzker highlighted how the U.S. Commerce Department invests in innovation, supports the digital economy and is helping provide American businesses and entrepreneurs with the tools they need to grow and hire.

Secretary Pritzker began the day by participating in a roundtable with business incubators, tenant startups and other startup stakeholders at the headquarters of RideScout, a smartphone app created to increase transportation efficiency. During the roundtable she listened to local business leaders and startups describe what the future of business incubation will look like, and the kind of investments and support they will need to successfully spin-out new companies. She was joined at the roundtable by the Department’s newly hired, first-ever Chief Data Officer Ian Kalin. Secretary Pritzker appointed Kalin to this role to help unleash more of the Commerce Department’s data to strengthen the nation’s economic growth. The new Chief Data Officer will work to make Commerce data easier to access, understand, and use, while also ensuring we maximize the return of data investments for businesses, entrepreneurs, government, taxpayers, and communities.

Following the roundtable, Secretary Pritzker participated in an armchair discussion entitled “Move Fast, Government, or Get Out the Way.” Before beginning the discussion Secretary Pritzker took a few moments to swear in Michelle K. Lee, as the new Director of the United States Patent and Trademark Office. Lee is the first woman to hold this position in the more than 200 year history of the U.S. Patent and Trademark Office. After the swearing in ceremony, Secretary Pritzker participated in the armchair discussion with DailyMail.com CEO John Steinberg. They discussed the importance of data to the U.S. economy and Secretary Pritzker also used the opportunity to announce the findings of a new Commerce Department report highlighting the importance of data jobs to the U.S. economy and the huge growth in these high-paying jobs over the past decade.  During the event, she also stressed the importance of re-tooling the patent system to adapt to the rate and pace of technology and fuel, not slow, innovation. 

North Carolina Attracts FDI in Manufacturing and Textiles

Under Secretary Stefan Selig (seond from left) participates in a ribbon cutting ceremony with North Carolina Governor Pat McCrory (left) PEDS Legwear President and CEO Michael Penner and Walmart Vice President of U.S. Manufacturing Cindi Marsiglio

Cross blog post by Stefan M. Selig, Under Secretary of Commerce for International Trade

On Wednesday afternoon, I delivered remarks in Hilderbran, North Carolina at a ribbon-cutting ceremony where we officially opened the new Canadian-based Peds® Legwear (PEDS) production facility. PEDS’ recent $16 million investment in the plant and new machinery has allowed the company to hire North Carolina factory workers who were previously laid off. By 2018, this new facility will bring more than 200 jobs to Hildebran, providing a lift to the local economy.

SelectUSA, our program to attract foreign direct investment (FDI), along with our Commercial Service Canada team, helped facilitate this deal. SelectUSA provided counseling to PEDS on how to navigate the federal regulatory process and also helped identify sources of federal funding. In addition to PEDS’ investment in the Hildebran facility, the company plans an additional $8 million venture, bringing their total investment in the United States to $24 million. In less than two weeks, similar FDI deals will be highlighted at this year’sSelectUSA Investment Summit, which will take place March 23-24.

In addition to ITA’s support, PEDS’ new investment is made possible because of a multi-year purchase order contract from Wal-Mart as part of the retailer’s commitment to buy domestically produced goods.

As I noted in my remarks—before an audience that included Michael Penner, president and CEO of Peds®Legwear; Cindi Marsiglio, Wal-Mart’s vice president of U.S. manufacturing; and North Carolina Governor Pat McCrory—PEDS’ investment in the facility shows our nation’s prowess to attract FDI.

Because the United States offers a transparent, fair, and stable business climate, as well as our second-to-none workforce, many global companies like PEDS are beginning to establish or expand operations here. In fact, in 2013, U.S. FDI inflows totaled $231 billion, of which $51 million was invested in U.S. textile and apparel manufacturing. In 2012, majority-owned U.S. affiliates of foreign firms accounted for $48 billion in R&D expenditures, exported $334 billion worth of U.S. goods exports, and employed nearly 6 million workers.

To keep the momentum, ITA will continue to develop opportunities for U.S. workers and businesses by promoting international trade, encouraging FDI, and working to foster a level playing field for American products and services.

U.S. Census Bureau Releases Key Statistics in Honor of Women's History Month

U.S. Census Bureau Releases Key Statistics in Honor of Women's History Month

National Women’s History Month’s roots go back to March 8, 1857, when women from New York City factories staged a protest over working conditions. International Women’s Day was first observed in 1909, but it wasn’t until 1981 that Congress established National Women’s History Week to be commemorated the second week of March. In 1987, Congress expanded the week to a month. Every year since, Congress has passed a resolution for Women’s History Month, and the President has issued a proclamation. Following are a few key statistics on women in the United States and the role they play in our labor force and economy.

161 million 

The number of females in the U.S. as of December 2013. The number of males was 156.1 million. 

75.1 million

The number of females 16 and older who participated in the civilian labor force in 2013. Women comprised 47.4 percent of the civilian labor force in 2013.

63% 

Percentage of social scientists who were women, the heaviest representation of women among all STEM (science, technology, engineering and math) fields. Among other STEM fields, approximately 14 percent of engineers, 45 percent of mathematicians and statisticians and 47 percent of life scientists were women.

$39,157

The median annual earnings of women 15 or older who worked year-round, full time in 2013. In comparison, the median annual earnings of men were $50,033.

1.6 million

Number of women veterans in the United States in 2013.

For more interesting statistics on women in the United States, please go to the latest issue of the U.S. Census Bureau's Facts for Features

Lab to Market: When One Plus One Equals Three

Lab to Market: When One Plus One Equals Three

Guest blog post by Paul R. Zielinski, MS, MBA, Director, Technology Partnerships Office, National Institute of Standards and Technology & Chair, Federal Laboratory Consortium for Technology Transfer

When you want a plant to grow, you provide water, light, and fertilizer.   When you want an economy to grow you provide capital, labor, and innovation.

In today’s global markets, companies that don’t innovate generally don’t survive for long.  To keep your current customers and earn new ones, you must continually look for ways to be faster, cheaper, better . . .  or all three. 

At the National Institute of Standards and Technology (NIST) we specialize in helping industry find those “Wow!” innovation ideas that create jobs and raise everyone’s standard of living.

We do this in lots of ways under  an approach  we call lab to market. We develop new measurement tools and standards to make sure new products can be measured fairly against established ones. We advance basic science to enable new technologies. And we work collaboratively with industry researchers in our laboratories to help them bring new research tools and knowledge back to their companies to be commercialized into new products.

We also have another tool for fueling innovation at small businesses, seed money. Commerce is one of 11 agencies with extramural research and development funding that makes awards to small businesses through the Small Business Innovation Research Program(SBIR) to perform research supporting the agency’s mission.  Awards can also be made to businesses to commercialize innovations, including innovations already developed by federal research and development programs. 

For example, at NIST, Phase I grants through SBIR provide up to $100,000 over six months to demonstrate that a proposed research effort is feasible and likely to successfully advance a commercially promising technology. NIST is currently seeking applications for SBIR awardsthat address specific technologies in a wide range of fields including advanced manufacturing, climate change and clean energy, cybersecurity, health care, and bioscience.

Increased Exports and the Jobs Supported by Exports Are Keys to Heightened Economic Confidence

Increased Exports and the Jobs Supported by Exports Are Keys to Heightened Economic Confidence

Guest blog post by Stefan M. Selig, Under Secretary of Commerce for International Trade

When we look back at 2014, it will be seen as the year our country regained its economic confidence, symbolized by the nearly 3 million jobs our economy created in 2014.

While this feat extended the longest streak of job growth in American history, we should not overlook the role our exports and our exporters played in regaining that economic confidence.

U.S. exports of goods and services tallied a record $2.35 trillion in 2014. That was the fifth consecutive year we achieved record exports. This is a clear validation of the Administration’s commitment to a robust trade and investment agenda.

In fact, there are three ways that our exports played an important role in the breakthrough year our economy produced.

First, at the same time that we were experiencing the longest streak of job growth, we also experienced a record year when it came to export-supported jobs: more than 11.7 million.  This number includes the 2.8 million jobs supported by the exports to our North American Free Trade Agreement partners Canada and Mexico. And we know those export supported jobs pay 13 to 18% higher wages than non-export supported jobs.  

Second, U.S. exporters reaped the benefits of a record year of exports with our 20 free trade partners – with a total of $765 billion in goods sent to these markets. That record included increases in exports to Colombia (up 10.5%), South Korea (up 6.8%) and the Central America Free Trade Agreement-Dominican Republic partners (up 5.7%).  Overall, these 20 countries purchase nearly half of all U.S. exports today – 47% to be exact.

Third, a major driver of our export growth came from our Latin American free trade partners, such as Chile, Colombia, Mexico, Panama, and Peru. Exports to these 11 countries alone represented more than a third of our entire year-over-year increase in exports. The region is a major destination for U.S. petroleum and coal, computers and electronics, chemicals, and transportation equipment.

So 2014 was clearly a breakthrough year for our exports and for our economy in general. Now, we need the tools that will allow us to carry that momentum into 2015 and beyond.

That is why passing trade promotion legislation is even more crucial, particularly as we work to finalize the historic Trans-Pacific Partnership agreement (TPP).

Working to Strengthen Economic Relationship, Secretary Pritzker Concludes Commercial Diplomacy Trip to Pakistan

During her trip, Secretary Pritzker also held bilateral meetings with Prime Minister Nawaz Sharif

U.S. Secretary of Commerce Penny Pritzker visited Islamabad, Pakistan this week as part of the Administration’s efforts to boost bilateral trade and investment with Pakistan and strengthen the partnership between our governments and people.

As part of her first official visit to the country, Secretary Pritzker joined Pakistani Prime Minister Nawaz Sharif to launch the first-ever U.S.-Pakistan Economic Partnership Week, a bilateral initiative intended to highlight the potential for growing the relationship between the United States and Pakistan. She thanked senior government officials for their dedication to improving the partnership and acknowledged that the economic relationship between the two countries has, over the years, buttressed the overall relationship and is still growing.

U.S.-Pakistan Economic Partnership Week included the third U.S.-Pakistan Business Opportunities Conference, an event intended to engage the private sector from both the United States and Pakistan, and strengthen business-to-business ties.

Secretary Pritzker opened the Business Opportunities Conference on Tuesday. Addressing an audience of more than 400 people, many attending from overseas, the Secretary applauded the work being done by the Pakistani and American private sector companies represented. She commended them for engaging with government agencies seeking to improve Pakistan’s business and investment climate and called on them to continue their efforts to expand trade and investment between Pakistan and the United States.

Investing in Manufacturing Communities Partnership: Leveraging Strengths for a Stronger Future

Charles Shoopman, Assistant Vice President, UT Institute for Public Service

Guest blog post by Charles Shoopman, Assistant Vice President, UT Institute for Public Service

On June 23, 2014 I received a letter officially designating the 69-county, four-state DRIVE! for the Future region as one of the nation’s first 12 Investing in Manufacturing Communities Partnership (IMCP) communities. Serving as the primary contact person for a public-private partnership effort involving more than 15 organizations, I could hardly wait to send copies of the letter to my colleagues.  After all, we had invested hour after hour in crafting consensus around a shared work agenda and at least grudging acceptance of a narrative describing that agenda in the context of a 35-page proposal (plus appendices!) that was due in Washington, D.C. by April 14, 2014.

Receiving notification of the designation was exciting, but was simply the beginning of a non-stop effort to actually deploy the ideas we had so painstakingly assembled during the January – April proposal development period. In short, receiving the designation didn’t complete anything; we simply were given an opportunity to go do what it was we wrote we wanted to do!

Granted, after investing the energy and effort to develop the partnerships, shared vision, defined work agenda, performance metrics, and a governance structure our partners could agree with, we much preferred to have the IMCP designation. However, our partnership noted that working together to build the proposal we had developed a fact-based plan that needed to be deployed within our region, whether or not we secured the designation as an IMCP community. So, at a minimum, the IMCP solicitation process had motivated us to assemble our team, affirm our shared interests and aims, and develop a written plan to actually accomplish a work agenda that will help citizens throughout our community improve their quality of life and build a more sustainable future.

Since receiving our designation we’ve been able to meet colleagues from across the nation who also are actively working to grow their economies and who are willing to share ideas and lessons learned. We’ve been introduced to federal leaders who’ve become our BFFs in helping us navigate the federal assistance infrastructure, introducing us to potential new allies and funding partners, and serving as our advocates within the federal government in sharing our needs, frustrations and successes. We have launched our efforts to build stronger working partnerships throughout our DRIVE! region that help us more effectively leverage our existing assets while positioning our firms, communities and workers for an even brighter future.  We are proud to be part of a national effort that is actively working each day to help the federal government find innovative ways to more effectively accomplish its work by partnering across agency boundaries, leveraging the strengths of local communities to Invest in Manufacturing Communities Partnerships that get results.

The deadline for round 2 applications is April 1. For more information on how to apply visit: http://www.gpo.gov/fdsys/pkg/FR-2015-01-29/pdf/2015-01763.pdf.

BEA’s Statistics on How Industries Perform Each Quarter Provide Insight into U.S.’ Economic Recovery

BEA’s Statistics on How Industries Perform Each Quarter Provide Insight into U.S.’ Economic Recovery

Thanks to a new set of BEA data, you can now find out how the economic recovery that began in the summer of 2009 is affecting America’s industries each quarter.

Last spring, BEA for the first time began producing on a regular basis quarterly statistics that provide information on the amount of economic activity generated by individual industries, making it easy to spot when and how fast these industries began to recover.

Before these new data were made available last April, the Bureau of Economic Analysis reported on industries’ economic performance only on an annual basis. The quarterly statistics serve as a barometer for potential turning points in the U.S. economy and give businesses and policymakers more timely detail on how different industries are contributing to the U.S. economy’s recovery.

BEA’s quarterly industry breakdown of economic activity shows that manufacturers of durable goods – like cars and washing machines – entered into a recovery in the third quarter of 2009 – the same quarter the overall economy did.  In addition, durable goods manufacturers surpassed their pre-recession high in terms of economic output in the fourth quarter of 2011. On the other hand, the construction industry has yet to get back to its pre-recession peak.  

The timing of recoveries for other industries differs. The information sector, which includes broadcasting and telecommunications, climbed back to its previous peak in the third quarter of 2010. Mining (which includes oil and gas extraction) surpassed its previous peak in the third quarter of 2012.

BEA’s most recent quarterly industry report, shows that the finance and insurance industries grew  21.2 percent in the third quarter of 2014, after increasing 6 percent in the second quarter. Mining rose 25.6 percent, after rising 11.5 percent.  And, real estate and rental and leasing increased 4.4 percent, after growing 0.9 percent.

These quarterly industry-by-industry statistics are just one way that BEA is innovating to better measure the 21st Century economy.  Last year, BEA also introduced real (inflation-adjusted) estimates of personal income for states and metropolitan areas.  This year, BEA will begin regular production of quarterly statistics on how state economies are faring as well as new annual statistics on how much consumers spend – and what they buy -- in each state. Providing businesses and individuals with new data tools like these is a priority of the Commerce Department’s “Open for Business Agenda.”

In Tunisia, Secretary Pritzker Meets with Government Officials, Business Leaders, and Entrepreneurs to Discuss Ways to Improve Economic Opportunity

To demonstrate the United States’ commitment to Tunisia’s transition to democracy, and to underscore the reforms needed to attract investment, generate economic growth, and create jobs in the country, U.S. Secretary of Commerce Penny Pritzker led a delegation to Tunisia this week. In addition to offering a keynote address at the Investment and Entrepreneurship Conference, hosted by the Partnership for New Beginnings and the American Chamber of Commerce in Tunisia, Secretary Pritzker met with Tunisian government officials, business leaders, and entrepreneurs to better understand the challenges and opportunities facing the country’s economy.

In a meeting with representatives from the American Chamber of Commerce in Tunisia, Secretary Pritzker received input on the country’s current business environment and discussed potential opportunities for U.S. firms in the market. For example, Tunisia’s location on the coast can make it an ideal hub for operations in the Middle East and Africa. Others spoke about the opportunities in the Information and Communication Technologies (ICT) sector, specifically.

About 70 American firms operate in Tunisia right now, but there is substantial room for that figure to grow should Tunisia make certain economic reforms that will create a more inviting business climate. Some of these reforms include streamlining the investment code, restructuring the banking sector, creating a more transparent, reliable, and modern tax and customs structure, and developing a strong public-private partnerships law that increases transparency and predictability for domestic and foreign firms.

DOC Operating Status for March 5, 2015

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This message applies to Thursday, March 5, 2015

In accordance with the Office of Personnel Management’s Operating Status, Department of Commerce offices in the Washington, DC area are CLOSED.  Emergency and telework-ready employees required to work must follow their bureau/operating unit’s policies, including written telework agreements.

Non-emergency employees will be granted excused absence (administrative leave) for the number of hours they were scheduled to work unless they are:

  • required to telework,
  • on official travel outside of the Washington, DC area,
  • on pre-approved leave (including leave without pay), or
  • on an alternative work schedule (AWS) day off.

Telework-Ready Employees who are scheduled to perform telework on the effective day of the announcement or who are required to perform telework on a day when Federal offices are closed must telework the entire workday or request leave, or a combination of both, in accordance with their bureau/operating unit’s policies and procedures, subject to any applicable collective bargaining requirements (as consistent with law).

Emergency Employees are expected to report to their worksite unless otherwise directed by their bureau/operating unit.

More information and details on Operating Status can be viewed online at http://www.opm.gov/policy-data-oversight/snow-dismissal-procedures/current-status/,

Personnel may also contact the DOC Status Line at 202-482-7400 for recorded updates regarding changes in the Department of Commerce’s operating status.