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New Commerce Report Explores High Paying, Fast Growing Data Jobs

Washington, D.C. – March 13, 2015 – The Department of Commerce's Economics and Statistics Administration (ESA) released a new report today, entitled "The Importance of Data Occupations in the U.S. Economy," that explores the importance of data jobs and their impact on the U.S. economy.

Under Secretary Doms to Address SXSW Conference

Austin, TX – Department of Commerce Under Secretary for Economic Affairs Dr. Mark Doms will join Former Texas State Comptroller Susan Combs today at the SXSW Conference* to discuss what's happening in the open data space at the Federal and State levels, and how governments can work together to tackle our data challenges, to better serve the American people and help grow the economy.

Title:                           Bridging the Federal & State Data Divide

Statement from U.S. Commerce Secretary Penny Pritzker on International Trade in Goods and Services in January 2015

Washington – U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the January 2015 U.S. International Trade in Goods and Services data. The goods and services trade deficit improved by $3.9 billion to $41.8 billion in January. Record monthly levels were reached in exports of insurance and other business services. U.S. exports of goods and services decreased to $189.4 billion in January from $195 billion in December 2014.

U.S. Secretary of Commerce Penny Pritzker Announces Top Data Leaders to Join New Data Advisory Council

U.S. Secretary of Commerce Penny Pritzker today announced the members of the new Commerce Data Advisory Council (CDAC), who include 19 of the best and brightest private and public sector thought leaders on data management and dissemination in the United States. The Council will help guide the Commerce Department's data revolution, which aims to foster innovation, help create jobs, and drive better decision-making throughout our economy and society. 

New Residential Construction

Building permits in January 2015 were at a seasonally adjusted annual rate (SAAR) of 1,053,000, down 0.7 percent from the revised December rate but up 8.1 percent from January 2014.

Housing starts in January 2015 were at a SAAR of 1,065,000, down 2.0 percent from December but up 18.7 percent from January 2014.

Manufacturing and Trade: Inventories and Sales

December 2014 business inventories were $1,764.4 billion, up 0.1 percent from November and up 3.9 percent from December 2013.  Sales were $1,331.2 billion, down 0.9 percent from the previous month but up 0.9 percent from one year earlier.

Advance Monthly Sales for Retail and Food Services

January 2015 retail and food services sales were $439.8 billion, a decrease of 0.8 percent from December 2014 but up 3.3 percent from January 2014. Excluding automobiles, retail and food services sales in January 2014 were $349.4 billion, down 0.9 percent from the prior month but up 1.7 percent from one year earlier.

Monthly Wholesale Trade: Sales and Inventories

December 2014 wholesale inventories were $547.6 billion, up 0.1 percent from the revised November level and up 6.7 percent from December 2013. Sales were $449.8 billion, down 0.4 percent from the revised November level but up 1.4 percent from December 2013.

U.S. Exports Hit New Annual Record, Reaching $2.35 Trillion in 2014

American Businesses Drive Record Goods Exports to 52 Countries

WASHINGTON — U.S. Secretary of Commerce Penny Pritzker today announced that U.S. exports in 2014 set a record for the fifth consecutive year, reaching $2.35 trillion. International Trade in U.S. Goods and Services data released today by the U.S. Department of Commerce show that U.S. exports are up more than $760 billion since 2009.

U.S. International Trade in Goods and Services

The December 2014 international trade deficit increased 17.1 percent from November, to $46.6 billion. Exports decreased 0.8 percent to $194.9 billion, and imports increased 2.2 percent to $241.4 billion.

For the full year 2014, the trade deficit grew 6 percent to $505b. Exports rose 2.9 percent, to $2.3 trillion, and imports increased 3.4 percent, to $2.9 trillion.

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