Skills For Business

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June 5, 2015

Secretary Pritzker tackled many of Commerce’s priorities this week including travel and tourism, manufacturing, innovation, trade and skilled workforce development. These exciting initiatives are priorities within our Open for Business Agenda and represent important tools to help American businesses.  We are excited by their progress. Secretary Pritzker is finishing the week by representing the Department at the Washington Nationals game and throwing out the first pitch.

Around Commerce, NIST provided a glimpse of the future of cities; the Digit Group wrote about how important Commerce trade missions are to their bottom line; and SelectUSA completed their Greater China Roadshow.

Have a wonderful weekend. Let’s keep America Open for Business.

Best wishes,

Jim

Latest News

Secretary Pritzker Discusses Importance of Travel and Tourism Industry at IPW in Orlando - On Monday, Secretary Pritzker traveled to Orlando and spoke at the U.S. Travel Association’s annual IPW event. IPW is the world’s largest travel and tourism trade show dedicated to the sale of U.S. goods and services. During her remarks, she also issued the 2015 Spring Travel Forecast, which showcases America as a premier travel destination with continued international visitation growth through 2020.

Secretary Pritzker Visits Greentown Labs in Boston, Nation’s Largest Cleantech Incubator - She participated in a roundtable discussion with its hardware-driven member companies about how to best support U.S. competitiveness in the manufacturing sector. As an incubator, Greentown provides its 47 companies with access to prototyping space, shared machine shop tools, services, education, and the network they need to launch companies quickly.

Secretary Pritzker’s Remarks at the National Association of Manufacturers Summit - During her remarks, Secretary Pritzker discussed two of NAM’s top priorities: trade promotion and the reauthorization of the Export-Import Bank. Currently, 96 percent of the world’s customers live beyond U.S. borders, yet many American businesses lack equal access in foreign markets. High-standard trade agreements like the Trans-Pacific Partnership and the Trans-Atlantic Trade and Investment Partnership are essential to addressing trade barriers, opening new markets, and keeping U.S. manufacturers globally competitive.

Secretary Penny Pritzker Releases 2015 Spring Travel Forecast - The Commerce Department released new data forecasting international visitors who stay one or more nights in the United States will reach a record 77.6 million this year – up more than 3.6 percent from total visitors in 2014.

Secretary Penny Pritzker Highlights Importance of Workforce Development and Skills Training at Historic Signing Ceremony Between U.S. And Germany - Secretary Pritzker delivered keynote remarks at the German Marshall Fund of the United States and witnessed the signing of a joint declaration of intent with Germany to promote cooperation in career and technical education and training. The agreement is between the U.S. Departments of Commerce, Labor, and Education and their three German counterparts.

Global City Teams Challenge Expo Shows Glimpse of the Future - Guest post by Dr. Willie E. May wrote about his attendance at a day-long celebration, hosted by the National Institute of Standards and Technology (NIST) and US Ignite, called the Global City Teams Challenge Expo. It was the culmination of a nine-month challenge to create teams that would use technology to improve communities, but it was clearly more of a beginning than an ending.

Export Success Series: Chilean Exports Save Thirty Plus Jobs - In recent years, American Emergency Vehicles (AEV), a custom ambulance production company based in North Carolina, has increased exports to several countries—namely, Chile. Addressing the growing demand for safe, custom-made emergency vehicles, Chile has become a vital partner with AEV.

The Digit Group: Commerce Trade Missions Provide Global Expansion Opportunities - Guest blog post by Paul Doherty, President and CEO, The Digit Group, Inc. about how the Digit Group has expanded business opportunities globally through U.S. Department of Commerce Foreign Trade Missions.

Who Thinks Crude Oil Is Delicious? These Ocean Microbes Do - There are species of marine bacteria in several families, including Marinobacter, Oceanospiralles, Pseudomonas, and Alkanivorax, that can eat compounds from petroleum as part of their diet. In fact, there are at least seven species of bacteria that can survive solely on oil. These bacteria are nature’s way of removing oil that ends up in the ocean, whether the oil is there because of oil spills or natural oil seeps.

Complex Data Science at the Kentucky Derby and Other Uses of Baldrige - In trying to determine the finishing place for race horses, a “complex exercise in data science,” author Nicole Radziwill realized that she was essentially following the Baldrige analysis process “LeTCI” to determine whether an organization “has constructed a robust, reliable, and relevant assessment program to evaluate their business and their results.”

SelectUSA Greater China Roadshow Connects U.S. Economic Development Officials With Hundreds of Potential Investors - Economic development officials from 11 states and the District of Columbia just spent 12 days visiting nine cities throughout greater China recruiting potential partners and investors to complete important projects in their local areas. The SelectUSA Greater China Roadshow wrapped on May 29 in Shenyang after 470 meetings and matchmaking sessions between U.S. and Chinese officials and business leaders.

Spotlight on NTIA: Edward Drocella, Chief of Spectrum Engineering and Analysis Division, Office of Spectrum Management - Ed Drocella, chief of the Spectrum Engineering and Analysis Division in the Office of Spectrum Management, has played a key role in helping to address some of the technical challenges associated with NTIA’s work on the 500 megahertz spectrum initiative.

Coast Survey helps communities prepare for the 2015 Atlantic hurricane season - June 1 marks the beginning of the 2015 Atlantic hurricane season. Although NOAA projects it to be a below normal season, it doesn’t mean coastal areas will have it easy. In the wake of a hurricane, Coast Survey plays a critical role in NOAA’s response efforts.

Data

The Economic and Statistics Administration wrote about Recent Trends in Manufacturing on their blog this week.

The Bureau of Economic Analysis wrote that Disposable Income Rises in April and April 2015 Trade Gap is $40.9 Billion on their blog this week.

Construction Spending (Construction Put in Place) – April 2015: Total construction activity for April 2015 ($1,006.1 billion) was 2.2 percent (+/-1.5%) above the revised March 2015 ($984.0 billion).

Manufacturers’ Shipments, Inventories, and Orders – April 2015: New orders for manufactured goods in April decreased $1.8 billion or 0.4 percent to $476.7 billion.

U.S. International Trade in Goods and Services – April 2015: The nation’s international trade balance in goods and services increased to -$40.9 billion in April from -$50.6 billion in March (revised), as exports increased and imports decreased.

Commerce Data in the News: USA Today cites Census Bureau statistics on median household income in writing that the average wedding in Manhattan costs $76,328 and for Chicago it’s $50,934 in the article, Most Expensive Places to Get Married.

The Chicago Tribune cites residential housing statistics from the Census Bureau in writing that the average size of homes built in the U.S. increased for the fifth consecutive year in 2015 to a record 2,657 square feet in the article, Houses Get Bigger, Again.

American School & University magazine cites the Census Bureau’s annual report on public school finances to write that average per-pupil spending in U.S. public schools was $10,700 during fiscal year 2013, a 0.9 percent increase from 2012, in the article, Per-Pupil Spending Inches Up Slightly in Public Schools.

The U.S. Export Fact Sheet press release and data within was mentioned in the Fox Business article Trade Deficit Narrows as Services Exports Hit Record and in the USA TODAY article Trade deficit drops sharply to $40.9B in April.

The U.S. Under Secretary of Commerce Selig Announces Release of Guide to Help SMEs Grow Their Businesses Through Exports press release and data within was mentioned in the The Hill article Free trade could bring investment, jobs to businesses like mine.

Data Releases Next Week:  Quarterly Financial Report/Manufacturing, Mining and Wholesale Trade: 2015 Q1 (Census); Monthly Wholesale Trade: April (Census); Quarterly Services: 2015 Q1 (Census); Advance Monthly Sales for Retail and Food Services: May (Census); Manufacturing and Trade Inventories and Sales: April (Census)

Next Week

On Monday, Deputy Secretary Andrews will deliver remarks at the U.S.-Philippines Global Supply Chain Summit in Atlanta, GA. While there, he will participate in a bilateral meeting with Under Secretary Maglaya from the Philippines.

On Tuesday, Secretary Pritzker will travel to New York, NY, to speak at the Future of Urban Innovation Summit, hosted by the Department of Commerce and Columbia University. Under Secretary for Intellectual Property and Director of the U.S. Patent and Trademark Office Michelle Lee and MBDA National Director Alejandra Castillo will also speak at the event.

Also on Tuesday, Secretary Pritzker will speak at a meeting of The Business Roundtable in Washington, D.C.

On Wednesday, Secretary Pritzker will discuss trade at the President’s Export Council meeting at the White House.

Also on Wednesday, Secretary Pritzker will discuss U.S.-Mexico commercial relations at the U.S.-Mexico CEO Dialogue in Washington, D.C.

Additionally on Wednesday, Under Secretary for International Trade Stefan Selig will deliver keynote remarks and participate on a discussion panel on the key role of Hong Kong in deepening U.S.-Asia Pacific trade and economic ties during the annual "Think Asia, Think Hong Kong" event in Chicago, IL.

Later on Wednesday, Secretary Pritzker will attend the 31st annual NOAA Fish Fry at the Department of Commerce. This event showcases American fisheries and seafood and raises awareness of all aspects of the fishing industry, particularly economic initiatives. Deputy Secretary Andrews and other members of Commerce Leadership will also attend.

On Thursday, Assistant Secretary Jay Williams or Economic Development will discuss economic development efforts and the Economic Development Administration’s collaboration with tribal nations at the South Dakota Economic Development Conference in Sioux Falls, SD.

On Friday, Secretary Pritzker will participate in a swearing-in ceremony for new International Trade Administration (ITA) Foreign Commercial Service Officers in Washington, D.C.

Photo of the Week

Secretary Pritzker and Assistant Secretary Williams are joined by other Administration officials and German dignitaries at the German Marshall Fund for a joint declaration of intent between the United States and Germany to promote cooperation in career and technical education and training.

Video of the Week

Secretary Pritzker and other dignitaries officially open the IPW exhibit hall.

Infographic of the Week

Public Education Finances - The Census Bureau posted a graphic that shows the amount of money each state spent per pupil in 2013. Per pupil spending for the nation was $10,700 during fiscal year 2013, a 0.9 percent increase from 2012, but varied heavily among states with a high of $19,818 in New York and a low of $6,555 in Utah.