Commerce Week at a Glance: United States and Africa are Open for Business

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August 8, 2014

Good evening from the Commerce Department!

On Tuesday the Department of Commerce and Bloomberg Philanthropies co-hosted the first-ever U.S.-Africa Business Forum, a day focused on strengthening trade and financial ties between the United States and Africa. President Obama participated in the Business Forum along with Secretary Pritzker and Mayor Bloomberg, as well as other senior U.S. government officials. During remarks at the Forum, President Obama announced U.S. businesses are committed to investing $14 billion in clean energy, aviation, banking, and construction projects, among other commitments totaling more than $33 billion that support economic growth in Africa and thousands of U.S. jobs.

This U.S.-Africa Business forum was only the beginning of a strong partnership between the countries of Africa and the U.S.  The forum successfully emphasized that Africa and America are open for business.

Starting next week, Wendy Anderson, our new Chief of Staff, will be writing you each Friday. It has been a true honor to serve as Acting Chief of Staff. I look forward to continuing to advance the important work of the Department in my new role as Deputy General Counsel.

Best,

Justin

Latest News

Secretary Pritzker Highlights the Work by the Commerce Department to Improve Trade and Investment with Africa at the Historic U.S.-Africa Business Forum - Secretary Pritzker discussed the work the Commerce Department is doing to advance President Obama’s vision for the future of U.S.-Africa relations, including expanding the Foreign Commercial Service presence across the continent.

Secretary of Commerce Penny Pritzker Highlights U.S. Commitment to Doing Business In Africa - The U.S.-Africa Business forum was only the beginning of a strong partnership between Africa and the U.S.  The forum successfully emphasized that Africa and America are open for business.

MEP Launches Competition to Fund Manufacturing Centers in 10 States - The National Institute of Standards and Technology opened a competition to award new cooperative funding agreements for its Hollings Manufacturing Extension Partnership (MEP) centers in 10 states. The MEP centers help small and mid-sized U.S. manufacturers create and retain jobs, increase profits, and save time and money.

AAR Lands Multi-million Dollar Supply Chain Deal with Kenya Airways with Help of U.S. Government Advocacy Efforts - For the first time since the Obama administration’s “Doing Business in Africa” initiative went into effect; an aviation company has landed a multi-year deal in Africa. AAR, a global aerospace, government and defense contractor, recently announced a five-year deal with Kenya Airways.

Commerce in the Community - This blog post is an interview with Brian Hill, co-founder of Jail Education Solutions (JES). JES utilizes the innovative workforce development model to reduce recidivism and prepare inmates for reentry into the job market.

Coming Soon: Data on Consumer Spending by State - New BEA data on consumer spending broken out by state will help businesses, consumers, and policymakers answer those questions. The statistics will cover the years from 1997 to 2012.

Counting Young Children in Censuses and Surveys - The Census Bureau’s Frank Vitrano writes that the folks preparing for the 2020 Census are continually looking at ways to produce a more accurate and cost-effective count of the nation, one that is reflective of our dynamic, changing society. They are researching how to best reach and include historically hard-to-count populations, such as young children.

Results from America’s Churning Races: Race and Ethnic Response Changes Between the 2000 and 2010 Censuses - Census Bureau researchers write that racial and ethnic identities often change between censuses and surveys. Possible explanations for changes in responses include new life experiences, shifting social forces, adjustments to questionnaire design, or a change in who within a household reports the race or Hispanic origin for household members.

Billion-Dollar Weather/Climate Disasters: Overview - As part of its responsibility of monitoring and assessing the climate, the National Climatic Data Center tracks and evaluates climate events in the U.S. and globally that have great economic and societal impacts.

Data

Under Secretary Doms wrote that BEA’s New Statistical Product Enriches Understanding of Consumer Behavior at the State Level.

The Economic and Statistics Administration wrote Who is Buying American? Considering U.S. Exports on their blog this week.

The Bureau of Economic Analysis wrote Personal Consumption Expenditures by State Prototype Estimates for 1997-2012 and June 2014 Trade Gap is $41.5 Billion on their blog this week.

New orders for manufactured goods in June, up four of the last five months, increased $5.7 billion (or 1.1 percent) to $503.2 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.6 percent May decrease. Excluding transportation, new orders increased 1.1 percent.

Total June exports of $195.9 billion and imports of $237.4 billion resulted in a goods and services deficit of $41.5 billion, down from $44.7 billion in May, revised. June exports were $0.3 billion more than May exports of $195.6 billion. June imports were $2.9 billion less than May imports of $240.3 billion.

June 2014 new orders for manufactured goods increased 1.1 percent, to $503.2 billion. Shipments rose 0.5 percent, to $499.8 billion. Unfilled orders increased 1.0 percent to $1,098.5 billion. And inventories rose 0.3 percent, to $653.8 billion.

The June 2014 international trade deficit decreased 7.0 percent from May, to $41.5 billion. Exports increased 0.1 percent, to $195.9 billion, and imports fell 1.2 percent, to $237.4 billion.

June 2014 wholesale inventories were $533.5 billion, up 0.3 percent from the revised May level and up 7.9 percent from June 2013. Sales were $454.4 billion, up 0.2 percent from the revised May level and up 6.5 percent from June 2013.

Commerce Data in the News:

Forbes magazine cites Census Bureau statistics on age and mobility to write that millennials (age 20-29) aren’t ditching the car and moving to urban centers, but instead are gathering in either college towns or Sun Belt cities in the article Millennial Boomtowns: Where the Generation is Clustering (It’s Not Downtown).

ABC News cites Census Bureau statistics on marriage and living arrangements in reporting about the difficulty in getting a divorce in some places across the country in Top 7 Worst States for Divorce.

Business Insider delves into the public use micro data sample from the Census Bureau’s American Community Survey to show popular languages spoken in the article Here’s the Most Commonly Spoken Language in Every New York Neighborhood That Isn’t English or Spanish.

The National Oceanic and Atmospheric Administration data on Tropical Storm currently occupying Hawaii has been highlighted in a recent USA TODAY article: Tropical Storm Iselle makes landfall in Hawaii.

Data Releases Next Week: Advance Monthly Retail Sales: July (Census); Manufacturing and Trade: Inventories and Sales: June (Census)

Next Week

On Monday, Secretary Pritzker will join Congresswoman Barbara Lee (D-CA) at a regional economic development forum at the Oakland Airport, where the Secretary will speak about the Commerce Department’s NEI/NEXT initiative to help U.S. companies’ increase their exports to international markets.

Also on Monday, MBDA National Director Alejandra Castillo will join Secretary Pritzker at a Minority Economic Development Event in Oakland, CA, with U.S. Rep. Barbara Lee. Castillo will participate in an Africa trade mission delegation meeting, CEO roundtable, provide remarks on NEI, and moderate a small business development panel discussion.

On Monday as well, NIST Engineering Laboratory Acting Director Howard Harary will deliver opening remarks at the two-day Cyber-Physical Systems Public Working Group (CPS-PWG) Workshop in Gaithersburgh, MD. The workshop brings together R&D experts working on existing and planned CPS across a diverse set of technical stakeholder communities in industry, academia, and government for the purpose of developing consensus around the scope, milestones, and work program for the CPS PWG and its subgroups.

Additionally Monday, Acting NIST Director Willie Mays will speak on redefining the mole and kilogram at the 248th American Chemical Society (ACS) National Meeting. More than 15,000 attendees from around the world are expected at this important conference.

On Tuesday, USPTO and MBDA will host a series of intellectual property (IP) webinars on patents, trademarks, and copyrights in Washington, D.C. During the webinar series attendees will learn about the types of intellectual property protection: copyrights, patents, and trademarks.

On Wednesday, Census Bureau Director John Thompson will address members of the National Advisory Committee on Racial, Ethnic and Other Populations during a virtual conference of committee members.

Also on Wednesday, USPTO Deputy Director Michelle Lee will record segments on Samuel Colt, Samuel Morse, and Levi Strauss for a Discovery Channel television documentary about historic inventors called “How We Got Here” at the UPSTO campus in Alexandria, VA.

On Thursday, MBDA National Director Alejandra Castillo will provide a keynote address on procurement and program opportunities with the federal government at the 2014 California Hispanic Chamber of Commerce Annual Convention.

Also on Thursday, USPTO Deputy Director Michelle Lee will provide opening remarks at the Patent Public Advisory Committee (PPAC) Quarterly Meeting at the USPTO campus in Alexandria, VA. The Public Advisory Committees for the UPSTO were created by statute in the American Inventors Protection Act of 1999 to advise the Under Secretary of Commerce for Intellectual Property and Director of the USPTO on the management of patent and trademark operations.

On Friday, Assistant Secretary for Economic Development Jay Williams will deliver remarks and participate in a panel discussion entitled “Creating Communities of Innovation” at the Southern Governors Association Annual Meeting in Little Rock, Arkansas.

Also on Friday, USPTO will host the 16th Annual Independent Inventor Conference at the USPTO campus in Alexandria, VA. For two days, independent inventors and small business owners will have an unparalleled opportunity to learn, network and jumpstart their creative endeavors. 

Photo of the Week

Secretary Pritzker Joins Mayor Bloomberg and President Obama at the U.S.-Africa Business Forum.

Bonus Photo of the Week

Secretary Pritzker wrapping up the U.S.-Africa Business Forum at the Google Hangout with Jonathan Allen from Bloomberg News.

Video of the Week

Secretary of Commerce Pritzker's opening remarks at the U.S.- Africa Business Forum on August 6, 2014.

Bonus Video of the Week

Highlights of the first U.S.-Africa Business Forum, a day focused on strengthening trade and financial ties between the United States and Africa.  

Infographic of the Week

U.S. exports to Africa reached $50 billion in 2013, up 39 percent since 2009.