The Department of Commerce's recently released Assess Costs Everywhere (ACE) tool helps firms understand the total costs and risks associated with deciding where to locate their operations or supply chains. These costs range from labor and shipping to product quality to regulatory compliance. Today, we will explore travel costs.
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About the Economics & Statistics Administration
The Economics and Statistics Administration (ESA) plays three key roles within the Department of Commerce (DOC). ESA provides timely economic analysis, disseminates national economic indicators, and oversees the U.S. Census Bureau (Census) and the Bureau of Economic Analysis (BEA). In this latter role, ESA works closely with the leadership at BEA and Census on high priority management, budget, employment, and risk management issues, integrating the work of these agencies with the priorities and requirements of the Department of Commerce and other government entities.