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Acting Deputy Secretary Rebecca Blank Discusses New Women in America Report at Center for American Progress

Washington, D.C., March 4, 2011 - Acting Deputy Secretary Rebecca Blank joined Tina Tchen, executive director of the White House Council on Women and Girls; Preeta Bansal, senior policy advisor and general counsel of the Office of Management and Budget; and a panel of experts at the Center for American Progress today to discuss the findings of a new White House report, "Women in America: Indicators of Social and Economic Well-Being." The discussion focused on women's present role in families, education, employment, health, and crime in American Society.

Statement from U.S. Commerce Department Chief Economist Mark Doms on Personal Income and Outlays in January 2011

WASHINGTON -- The U.S. Commerce Department’s Bureau of Economic Analysis today released data on personal income and outlays for January 2011. Personal income increased 1.0 percent in January, exceeding private-sector expectations of a 0.4-percent rise. Wages and salaries, the largest component of income, rose 0.3 percent, perhaps hampered by more severe than usual weather in some parts of the country. Real consumer spending edged down 0.1 percent in January but has already risen 0.8 percent at an annual rate above its fourth-quarter average.

Statement from U.S. Commerce Department Chief Economist Mark Doms on the Second Estimate of GDP for the Fourth Quarter of 2010

WASHINGTON – The U.S. Commerce Department’s Bureau of Economic Analysis today released the second estimate of gross domestic product (GDP) for the fourth quarter of 2010. Real GDP grew 2.8 percent at an annual rate, less than expectations and revised down from the 3.2-percent advance estimate. The downward revision reflects a wider trade deficit, reduced state and local government spending, and lower personal consumption.

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

WASHINGTON – The Commerce Department’s U.S. Census Bureau today released retail sales data for January 2011. Retail sales rose 0.3 percent in January. This figure was slightly below private-sector expectations of a 0.6-percent gain. Excluding automobiles, retail sales grew 0.3 percent in January. Sales at motor vehicle dealers increased 0.6 percent. “Retail sales, along with other indicators of consumer spending, continues to show growth following strong gains in the second half of 2010,” U.S. Commerce Secretary Gary Locke said.

Statement from U.S. Commerce Secretary Gary Locke on December 2010 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 December 2010 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 December increased 1.8 percent from November to $163 billion. U.S. imports of goods and services increased 2.6 percent to $203.5 billion, with the overall trade deficit growing by 5.9 percent in December to $40.6 billion.

Chief Economist Doms Delivers Key Address on Economic Outlook for 2011

Lexington, KY, February 1, 2011 - Chief Economist Mark Doms made a presentation entitled “Innovation, Competitiveness, Economic Growth and Public Policy” at the 22nd Annual Economic Outlook Conference for 2011 sponsored by the University of Kentucky’s Gatton College of Business and Economics at the Lexington Convention Center.

Statement from U.S. Commerce Department Acting Deputy Secretary Rebecca Blank on Personal Income and Outlays in December 2010

WASHINGTON – The U.S. Commerce Department’s Bureau of Economic Analysis today released data on personal income and outlays for December 2010. Personal income and real personal consumption expenditures rose 0.4 in December, consistent with private-sector expectations. In November, personal income rose a similar 0.4 percent. “Today’s data show consumer spending clearly accelerated at the end of last year,” said U.S. Commerce Department Acting Deputy Secretary Rebecca Blank. “Personal income also posted stronger gains in the fourth quarter compared to the third.

Commerce Department Hosts First Meeting of 2010 Federal Economic Statistics Advisory Committee

U.S. Commerce Department Acting Deputy Secretary Rebecca M. Blank welcomed members of the newly-formed Federal Economic Statistics Advisory Committee (FESAC) Friday during the group's first meeting as a function of the Commerce Department. The committee will advise agency heads of the U.S.

Acting Deputy Secretary Blank Speaks at U.S. Chamber of Commerce on Women In Business and the Economy

WASHINGTON, December 14 — Commerce Acting Deputy Secretary Rebecca Blank discussed women in business at a forum today at the U.S. Chamber of Commerce. Dr. Blank highlighted key findings from a recent Commerce Department report on “Women-Owned Businesses in the 21st Century,” produced by ESA, and addressed the prospect and opportunities of starting a business in today’s economy.

The Women in Business forum included a series of remarks and panels with successful women from the public and private sectors.

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