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

WASHINGTON – U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the February 2016 U.S. International Trade in Goods and Services monthly data. U.S. exports of goods and services increased to $178.1 billion in February from $176.3 billion in January. In February, travel services registered a new record, with $15.3 billion of exports. In addition, growth in goods exports was largely driven by consumer goods, up $1.1 billion from January.

U.S. Secretary of Commerce Penny Pritzker on Release of EU-U.S. Privacy Shield Text

WASHINGTON – Today, the full text of the EU-U.S. Privacy Shield framework is publicly available. U.S. Secretary of Commerce Penny Pritzker made the following statement surrounding the historic agreement.

Secretary Pritzker on International Trade in Goods and Services in 2015

WASHINGTON – U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the December 2015 U.S. International Trade in Goods and Services monthly and 2015 annual data. U.S. exports of goods and services totaled $2.23 trillion in 2015, a 4.8 percent decrease from 2014.

Commerce Department Announces BEA's Move to "Data Campus" in Suitland, Maryland, Now Home to Census Bureau and NOAA Data Operations

Washington, D.C.  – The U.S. Department of Commerce's Economics & Statistics Administration (ESA) announced today that the Bureau of Economic Analysis (BEA) will be moving to the Suitland Federal Center in Maryland in June 2016.

Statement from U.S. Secretary of Commerce Penny Pritzker on December Jobs Numbers

WASHINGTON — U.S. Secretary of Commerce Penny Pritzker today released the following statement on the December jobs report, which showed that U.S. employment rose by 292,000 last month. Growth accelerated in most industries above their previous 12-month average, with the transportation and warehousing, information services, and construction industries showing especially strong gains relative to the past year.

U.S. Secretary of Commerce Penny Pritzker Announces Dr. Ellen Hughes-Cromwick as New Chief Economist

WASHINGTON - Today, U.S. Secretary of Commerce Penny Pritzker announced that Dr. Ellen Hughes-Cromwick will serve as the Department of Commerce’s new Chief Economist. Dr. Hughes-Cromwick is on leave from the University of Michigan’s Ross School of Business, following a distinguished, 18-year career with the Ford Motor Company.

Statement by U.S. Secretary of Commerce Penny Pritzker on Today's Employment Report

WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today released the following statement on the employment situation in November. Today's report shows that the economy added 211,000 jobs last month, and that the unemployment rate remains at 5.0 percent.

GDP Growth Rate Revised Up

Real gross domestic product (GDP) increased 2.1 percent in the third quarter of 2015, according to the "second" estimate released by the Bureau of Economic Analysis. The growth rate was revised up 0.6 percentage point from the "advance" estimate released in October. In the second quarter, real GDP increased 3.9 percent.

U.S. Secretary of Commerce Penny Pritzker Announces First-ever Commerce Data Service

WASHINGTON – Today, U.S. Secretary of Commerce Penny Pritzker announced the launch of the first-ever Commerce Data Service at Techonomy 2015 in Half Moon Bay, CA. Consisting of software engineers, data scientists, computer programmers, and web developers, the mission of Commerce Data Service is to develop cutting-edge software products and web services to improve access to and use of departmental data resources of all 12 bureaus.

International Trade in Goods and Services in September 2015 Statement

WASHINGTON – U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the September 2015 U.S. International Trade in Goods and Services data. U.S. exports of goods and services increased to $187.9 billion in September from $184.9 billion in August. The total trade deficit improved by 15 percent in September to $40.8 billion. Exports of total services were a record, reaching $60.6 billion for the month.

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