Connect with Us

News

New Commerce Department Report Shows Record Services Trade Surplus that Continues to Grow

WASHINGTON, D.C. – The U.S. Department of Commerce’s Economics and Statistics Administration (ESA) today released a report showing U.S. trade in private services totaled $526.6 billion in 2010, representing a trade surplus that is growing, rising from $66.7 billion in 2003 to $168 billion in 2010.

Deputy Under Secretary Nancy Potok Receives Distinguished Public Service Award

WASHINGTON, April 29, 2011 – Deputy Under Secretary Nancy Potok received the Distinguished Public Service Award from the George Washington University Chapter of Pi Alpha Alpha, a national honor society formed to encourage and recognize outstanding scholarship and accomplishment in public affairs and administration. Established in 1974, Pi Alpha Alpha and its more than 39,000 members seek to advance the ideals of integrity, professionalism, and creative performance in public service. The award ceremony was preceded by an induction dinner for new members of the chapter, where Dr.

Statement from U.S. Commerce Secretary Gary Locke on New Residential Construction in March 2011

WASHINGTON – The Commerce Department’s U.S. Census Bureau today released data on new residential construction in March 2011. Permits for new housing units increased 11.2 percent, significantly exceeding private-sector expectations of a 3.0-percent rise. Housing starts increased 7.2 percent, compared with private-sector expectations of a 10.0-percent rise.

Statement from U.S. Commerce Secretary Gary Locke on Retail Sales in March 2011

WASHINGTON – The Commerce Department’s U.S. Census Bureau today released retail sales data for March 2011. Retail sales rose 0.4 percent, slightly below private-sector expectations. Retail and food services sales, excluding autos, were up 0.8 percent, consistent with private-sector expectations. Motor vehicle sales fell 1.7 percent, and sales at gasoline stations jumped 2.6 percent. Sales at gasoline stations comprise about 10 percent of total retail sales.

Statement from U.S. Commerce Secretary Gary Locke on February 2011 U.S. International Trade in Goods and Services

WASHINGTON – U.S. Commerce Secretary Gary Locke issued the following statement today on the release of the February 2011 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports of goods and services in February 2011 decreased 1.4 percent from January 2011 to $165.1 billion, with record exports of services ($47.2 billion). U.S. imports of goods and services decreased 1.7 percent over this period to $210.9 billion, causing the U.S.

Under Secretary Blank Attends Ron Brown Dedication

New York, NY, Tuesday, March 29, 2011 - Commerce Department Under Secretary for Economic Affairs Rebecca M. Blank attended the dedication for the new United States’ United Nations Mission building in honor of the late U. S. Commerce Department Secretary Ronald H. Brown. Former Secretary Brown lost his life while on a trade mission to Croatia 15 years ago.

Statement from U.S. Commerce Secretary Gary Locke on New Residential Construction in February 2011

WASHINGTON, March 16, 2011 – The Commerce Department’s U.S. Census Bureau today released data on new residential construction in February 2011. Permits for new housing units fell 8.2 percent in February, while private-sector analysts had expected a small 1.2-percent rise. Housing starts dropped 22.5 percent in February. Private-sector analysts had expected a moderate 4.4-percent decline. However, analysts still generally expect a notable pick-up in housing activity for both 2011 and 2012.

Statement from U.S. Commerce Secretary Gary Locke on Retail Sales in February 2011

WASHINGTON – The Commerce Department’s U.S. Census Bureau today released retail sales data for February 2011. Retail sales jumped 1.0 percent, a strong monthly gain and the eighth consecutive monthly increase. This figure was slightly below private-sector expectations of a 1.2-percent gain. Sales at motor vehicle dealers increased 2.3 percent. Sales excluding automotive dealers increased 0.7 percent, consistent with private-sector expectations of a 0.7 percent gain.

Work plan on Statistics Signed at the 21st U.S.-China JCCT Meeting

Work Plan on Statistics Signed at the 21st U.S.-China JCCT MeetingWashington, D.C., December 15, 2010 - Under Secretary Rebecca Blank, signs a work plan for the Statistics Working Group at the 21st meeting of the U.S.-China Joint Commission on Commerce and Trade in Washington D.C. on December 15, 2010.

Statement from U.S. Commerce Secretary Gary Locke on January 2011 U.S. International Trade in Goods and Services

WASHINGTON – U.S. Commerce Secretary Gary Locke issued the following statement today on the release of the January 2011 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports of goods and services in January 2011 increased 2.7 percent from December 2010 to $167.7 billion, the highest level for monthly exports on record with record exports in both exports of goods ($120.5 billion), and exports of services ($47.2 billion). U.S.

Pages

Subscribe to News
Subscribe

Subscribe to Economic Indicators

Subscribe with your email address to stay up-to-date with our economic indicators!

Go to top