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New Research Will Help U.S. Businesses Assess Costs Everywhere

Assess Costs Everywhere (ACE) has been recently revised with more modern, up-to-date information.

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Exploring Better Veterans Data

This week we convened a meeting with the Department of Veterans Affairs (VA), led by Dat Tran, Deputy Assistant Secretary for Data Governance and Analysis, and representatives from leading Veterans Service Organizations (VSOs).

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Taking the High Road

There is a wealth of evidence that manufacturing jobs are good jobs. But not all manufacturing jobs are created equal. Published data highlight the considerable variation in pay and productivity across manufacturing industries.

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Report: Value of the American Community Survey

“The American Community Survey is a national treasure, producing a wealth of data our country relies on to make important decisions.” - Under Secretary of Commerce for Economic Affairs, Dr. Mark Doms

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The Commerce Data Advisory Council (CDAC) has been appointed by Secretary Pritzker to assist the Department of Commerce in revolutionizing their data assets, to empower our data users to become more informed, create a data ecosystem around our data products, and ultimately to foster innovation, create jobs, and drive better decision making. Find out more about the Commerce Data Advisory Council (CDAC)

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Economic Indicators

The Economics and Statistics Administration (ESA) releases 12 monthly and quarterly Principal Federal Economic Indicators collected by its constituent bureaus: the U.S. Census Bureau and the Bureau of Economic Analysis (BEA). Businesses rely heavily upon these indicators to make decisions every day. In their public comments, the Secretary and ESA's Under Secretary and Chief Economist put the indicators into a national and global economic context.

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American Community Survey

The American Community Survey (ACS) is an ongoing survey that provides data every year -- giving communities the current information they need to plan investments and services. Information from the survey generates data that help determine how more than $400 billion in federal and state funds are distributed each year.

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On Manufacturing Day, U.S. Commerce Department Unveils Report Showing Pay Premium Exists for Manufacturing

WASHINGTON – As "America's Data Agency," the Commerce Department today released a new report drawing on evidence from 10 federal data sets to show that a pay premium exists for workers in manufacturing industries. The report by the Economics and Statistics Administration's Office of the Chief Economist rebuts criticisms about the existence of a manufacturing pay premium, and based on the evidence, clearly demonstrates that manufacturing jobs pay better than jobs in other sectors, with earnings up to 32 percent higher.

Under Secretary's Blog

A Timely Portrait of America's Business Owners from the Annual Survey of Entrepreneurs

I'm pleased to announce the beginning of data collection for the inaugural Annual Survey of Entrepreneurs. This new survey will be a supplement to the U.S. Census Bureau's Survey of Business Owners, which is conducted every five years as part of the Economic Census.

Economic Briefing Blog

Manufacturing Pays

Historically, manufacturing jobs have offered relatively high pay, good benefits, and job security. However, as the economy has changed, the manufacturing sector's reputation for offering higher-paying jobs has been called into question – but our research rebuts this criticism.  In a new short report  available on the Department of Commerce's Office of the Chief Economist's website, we use ten federal datasets to compare the average pay of manufacturing employees to the average pay of private sector employees and find that a pay premium still exists.


The Pay Premium for Manufacturing Workers as Measured by Federal Statistics

Historically, manufacturing jobs have offered relatively high pay. However, there is not a consensus on the size of the pay premium for manufacturing jobs relative to the economy as a whole or even whether a premium continues to exist. This report turns to evidence to answer those questions, using ten federal datasets, each of which allows us to calculate and compare the average pay of manufacturing workers and the average pay of workers overall. The following datasets are included:

Economics & Statistics Administration Agencies

The Bureau of Economic Analysis (BEA) promotes a better understanding of the U.S. economy by providing the most timely, relevant, and accurate economic accounts data in an objective and cost-effective manner. BEA produces economic accounts statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the Nation's economy.

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The Chief Economist is the Under Secretary's principal adviser on economic matters and serves as a special adviser to the Secretary of Commerce. The Office of the Chief Economist conducts analyses of policy proposals, monitors and interprets current economic developments; as well as analyzes major economic policy developments for use by senior officials throughout the Administration.

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The Census Bureau's mission is to serve as the leading source of quality data about the nation's people and economy. We honor privacy, protect confidentiality, share our expertise globally, and conduct our work openly. We are guided on this mission by scientific objectivity, our strong and capable workforce, our devotion to research-based innovation, and our abiding commitment to our customers.

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