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May 2016

Secretary Pritzker on International Trade in Goods and Services in March 2016

WASHINGTON – U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the March 2016 U.S. International Trade in Goods and Services monthly data. The total trade deficit improved 13.9 percent in March, to $40.4 billion, driven by a $6.0 billion reduction in the goods trade deficit. In addition, new monthly export records were established in travel services -- $15.5 billion – and in insurance services -- $1.6 billion. U.S.

Justin Antonipillai Opens 4th #CDACMtg ~ Watch on Live Stream

Justin Antonipillai Opens 4th #CDACMtgNew York, NY - Counselor Antonipillai kicked off the 4th meeting of the Commerce Data Advisory Council (CDAC) this morning at Google's offices in NYC. This is Justin's first CDAC event since assuming the role of Under Secretary of Economic Affairs in January. CDAC is made up of leading data experts from the private sector, (including Intel, Google, Zillow and others), academia, local government, and NGOs.  They provide advice to the Department of Commerce as we work to improve data for governments, businesses, and other data users.

First Estimates of GDP Will Include More Census Bureau Data

The Bureau of Economic Analysis is constantly working with our data partners to make GDP — our signature measure of the ever-changing U.S. economy — even better. As part of that effort, our sister statistical agency, the U.S. Census Bureau, has committed to providing key data for GDP even faster.

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