Commerce Week at a Glance: Back to School

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September 5, 2014

This week we welcomed all of our senior Commercial Service staff from around the world to Washington, D.C. as part of our effort to strengthen the economy through increased exports and to ensure that exporting is part of the DNA of America’s companies. In fact, two reports we released this week show that is happening (link below).  Since President Obama launched the National Export Initiative, we know that 1.6 million more Americans have export-supported jobs, bringing the total to 11.3 million Americans who wake up every day and go to work in jobs supported by exports. And yet, we have much more work to do. In order to continue the momentum, Deputy Secretary Andrews was in Cortland, New York today encouraging rural businesses to become exporters to reach overseas markets where 95 percent of potential customers live.

Around Commerce this week, Census has released their Statistics in Schools curriculum which includes grade-appropriate classroom activities in math and history, and many resources – such as maps, news articles, videos, infographics, and games – for K-12 teachers to use. NOAA has a great success story about cleaning up polluted waterways and a team at NIST was honored for their great work on lifesaving smartphone apps for U.S. troops in Afghanistan.

Have a great weekend and remember to take full advantage of the waning days of summer.

All the best,

Wendy

Latest News

Commerce Department Reports Demonstrate that Exports Continue to Help Spur U.S. Economy and Support Jobs - The Obama Administration and the Department of Commerce released two new reports that further prove exports are strengthening our economy and creating good jobs. For the first time, the Commerce Department released data detailing the number of jobs supported by goods exports in 2013 in each of the 50 states. A second report highlights the level of goods exports achieved by each of the nation’s 387 Metropolitan Statistical Areas in 2013.

Daring to Be Great in Supporting U.S. Exporters - The International Trade Administration’s Global Markets Global Meeting this week, brought together ITA’s senior Commercial Service staff from the United States and around the world to share best practices, learn about new opportunities, and connect with the people who are making commerce happen. It’s been more than 10 years since the last meeting of this magnitude, and this week’s event will enable ITA to better execute the mission and understand new methods to better support clients.

Find Export Opportunities in the Automotive Parts Industry! - In the United States, auto parts manufacturers achieved $77.5 billion in exports in 2013, and more than a third of those exports – $26.6 billion – went to Mexico.  As Mexico’s automotive exports continue to grow, they will need more and more quality American-made parts fueling their auto manufacturing supply chain, and the International Trade Administration wants to help form connections between Mexico’s top producers and the most high-quality suppliers in the United States.

Deputy Secretary Andrews Highlights Efforts to Boost Rural Exports in Upstate New York - Deputy Secretary Andrews highlighted efforts to boost rural exports in upstate New York at a “Made in Rural America” forum at SUNY Cortland. In his remarks, Deputy Secretary Andrews discussed Commerce Department work to ensure small and medium-size businesses have the tools needed to begin or expand exports and create good jobs.

Back to School – Introducing the Statistics in Schools Program - Census Bureau Director John Thompson writes that a lot of the Census Bureau’s work looks toward the future — next year’s American Community Survey or the 2020 Census, for example. One exciting forward-looking initiative is the Statistics in Schools program. Research shows that jobs related to statistics are expected to increase by more than 25 percent over the next decade, and this program is part of an effort to help make sure students are prepared for them.

Department of Commerce Invests Nearly $2 Million to Support Entrepreneurs and Startups in South Carolina - Secretary Pritzker announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million investment to the University of South Carolina/Columbia Technology Incubator. The grant will support the building of a new startup center to serve as the regional hub for the development of entrepreneurship, incubation, and acceleration programs for early stage ventures across South Carolina. According to the grantee, the investment is expected to create 698 jobs and generate $11.9 million in private investment in the first five years of the project.

Department of Commerce Announces $15 Million Grant Competition to Spur Regional Innovation - Secretary Pritzker announced the launch of the Economic Development Administration’s (EDA) $15 million 2014 Regional Innovation Strategies Program competition to spur innovation capacity-building activities in regions across the nation. Under this program, EDA is soliciting applications for three separate funding opportunities, including: the i6 Challenge, Science and Research Park Development grants, and cluster grants to support the development of Seed Capital Funds.

Protect Your Investment - September is National Preparedness Month. There are steps you can take to safeguard your company and secure your physical assets.

NIST Team Honored for Work on Military Smartphone Apps, Security - The Department of Commerce's announced researchers at the National Institute of Standards and Technology (NIST) have earned a 2014 GCN Award for Information Technology Excellence for speeding development and delivery of secure, battlefield-handy—and sometimes lifesaving—smartphone apps to U.S. troops in Afghanistan.

Diving for Debris: Washington’s Success Story in Fishing Nets out of the Ocean - For over a decade, the Northwest Straits Foundation, supported by the NOAA Marine Debris Program, the U.S. Environmental Protection Agency, state agencies, and many others, has been removing lost and abandoned fishing nets from the inland ocean waters of Puget Sound. Lost during fishing operations, the nets are now suspended in the water column or settled on the seafloor, where they snare dozens of marine species, including marine birds and mammals, and degrade the ocean habitat where they were lost.  

Data

The Economic and Statistics Administration wrote about the Value of Government Weather and Climate Data on their blog this week.

The Bureau of Economic Analysis wrote that the July 2014 Trade Gap is $40.5 Billion on their blog this week.

Construction spending during July 2014 was estimated at a seasonally adjusted annual rate of $981.3 billion, 1.8 percent above the revised June estimate of $963.7 billion. The July figure is 8.2 percent above the July 2013 estimate of $906.6 billion.

New orders for manufactured goods in July, up five of the last six months, increased $53.1 billion or 10.5 percent to $558.3 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 1.5 percent June increase. Excluding transportation, new orders decreased 0.8 percent.

The nation’s international trade balance in goods and services increased to -$40.5 billion in July from -$40.8 billion in June (revised), as exports increased and imports increased. 

Commerce Data in the News: The Hill says, “Exports a driver of jobs, economic growth” based on the two Commerce Department reports that says exports supported more than 11 million U.S. jobs last year.

The Charlotte Observer asks readers “has knowing the weather forecasts saved you money?” based on a blog by ESA’s Jane Callen on “The Value of Government Weather and Climate Data.”

The New York Times cites immigration and population statistics from the Census Bureau to report that more African-born immigrants came to the U.S. from 2000 to 2010 than the number brought to American during the three centuries of slave trade in the article Influx of African Immigrants Shifting National and New York Demographics.

The data from BEA’s latest consumer spending release are cited in a Wall Street Journal article about prices and the Federal Reserve: Inflation Pressure Eases, Letting Fed Focus on Jobs.

The BEA and Census Bureau report on U.S. international trade in July was covered in a recent USA Today article: July trade deficit narrows to $40.5 billion.

USA Today cites Census Bureau statistics on construction spending and manufacturing to report that manufacturing activity picked up at the fastest pace in more than three years, providing further evidence of an accelerating economy, in the article Manufacturing Grows at Fastest Pace in 3½ Years.

The Washington Post cites Survey of Construction statistics from the Census Bureau to write that in 1973, the median newly completed single-family house was 1,525 square feet; 40 years later, in 2013, it was 2,384 square feet ─ a record high ─ in the article McMansions Not Only Survive, They’re Getting Bigger. 

Data Releases Next Week: Quarterly Financial Report/Manufacturing, Mining and Wholesale Trade: 2014 Q2 (Census); Monthly Wholesale Trade: July (Census); Quarterly Services: 2014 Q2 (Census); Advance Monthly Retail Sales: August (Census); Manufacturing and Trade:  Inventories and Sales: July (Census)

Next Week

On Monday, Under Secretary for Economic Affairs Mark Doms will lead a Data Roundtable at 1776 with start-ups in the Washington, D.C., area to discuss the Commerce data transformation efforts and solicit feedback on future planning.

Also on Monday, MBDA National Director Alejandra Y. Castillo will give remarks at the National Defense Industrial Association/Aerospace Industries Association: Fall TRIAD Conference about the minority business community and MBDA’s services.

On Tuesday, Under Secretary for International Trade Stefan Selig , Assistant Secretary for Global Markets, Director General of the U.S. and Foreign Commercial Service Arun Kumar and Deputy Director General for the U.S. and Foreign Commercial Service Judy Reinke will deliver keynote addresses at ITA’s Discover Global Markets Detroit event. This forum will include events to help U.S. firms win new business in the international marketplace by  helping them identify emerging opportunities, leverage government resources and obtain the tools necessary to succeed internationally, and make key contacts with industry experts.

Also on Tuesday, Census Bureau Director John Thompson will make opening remarks at the 2014 Local Employment Dynamics Partnership Workshop at the Department of Commerce. The workshop theme is “Open for Business – LED and Economic Development.”

Starting on Wednesday, NOAA is partnering with Baltimore’s National Aquarium to host events during the Star-Spangled Spectacular, celebrating maritime history and commemorating Maryland’s contributions to the defense and heritage of the nation, including the birth of the national anthem. The NOAA Ship Okeanos Explorer and another NOAA research vessel will participate in the event and provide the backdrop to highlight NOAA’s leadership across ocean issues.

On Wednesday, Angela Simpson, NTIA Deputy Administrator and Deputy Assistant Secretary for Communications and Information, will travel to Las Vegas for the CTIA – The Wireless Associations’ Super Mobility Week. She will speak on a panel entitled “Spectrum, Spectrum, Spectrum: A Discussion of Government’s Role In Freeing Up Airwaves to Fuel The Mobile Internet.”

On Thursday, Under Secretary for International Trade Stefan Selig will address the quarterly meeting of the Advisory Committee on Supply Chain Competitiveness (ACSCC) in Washington, DC. The ACSCC provides guidance from supply chain stakeholders on trade, investment, and freight movement issues.

Also on Thursday, Michael Molnar, Director of the Advanced Manufacturing National Program Office, will deliver keynote remarks at the International Manufacturing Technology Show in Chicago.

On Friday, Deputy Assistant Secretary for Economic Development Matt Erskine will provide the keynote at the Virginia Innovation Partnership (VIP) Virginia Ventures Forum, a convening of the University of Virginia’s winning i6 Challenge team. It will be held at the USPTO campus in Alexandra, VA.  In addition, USPTO Deputy Director Michelle Lee will speak.

Also on Friday, USPTO Deputy Director Michelle Lee will speak at the Asian Pacific American Bar Association’s 2014 Awards and Installation Gala in Washington, DC.

Additionally on Friday, Under Secretary for International Trade Stefan Selig will give keynote remarks at the Texas-Chihuahua-New Mexico Regional Economic Competitiveness Forum in El Paso, Texas. His remarks will focus on the U.S.-Mexico trade relationship and how our two governments are working together to resolve border issues through the U.S.-Mexico High Level Economic Dialogue.

Photo of the Week

This week, Secretary Penny Pritzker and Deputy Secretary Bruce Andrews greeted some Commerce employees as they started their work day and thanked them for their hard work.

Video of the Week

U.S. Commercial Officer for Europe Carmine D'Aloisio talks about export potential in Europe.

Infographic of the Week

Census Flows Mapper Highlights Labor Force Characteristics of Movers Between Counties ─ The County-to-County Migration Flows Tables, which use data collected by the American Community Survey between 2008 and 2012, show how many residents move (flow) from one specific county to another during the course of a year.