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Jobs, the Skills Gap and Local Communities

Chief Economist Dr. Sue Helper spoke on “Jobs, the Skills Gap and Local Communities” at the Metro Economies Committee Meeting of the U.S. Conference of Mayors 82nd Winter Meeting in Washington, D.C.  Pictured left to right are Dr. Sue Helper, Mayor John Dickert of Racine, WI and Mayor Greg Fischer of Louisville, KY.

The 10th U.S.-China JCCT Statistics Working Group Meeting

Washington, D.C. - November 19, 2013, Department of Commerce Chief Economist Sue Helper and Deputy Assistant US Trade Representative William Shpiece meet with Deputy General Director, Department for General Economic Affairs, Ministry of Commerce of China Song Lihong. This meeting, held under the auspices of the U.S.-China Joint Commission on Commerce and Trade (JCCT), is used as a forum to discuss cooperative measures on bilateral trade statistics. Pictured from left to right are: Han Xi, Liu Ying, William Shpiece, Song Lihong, Susan Helper, Yuan Haiying, Zhang Wei, Wang Jingang.

Manufacturer's Shipments, Inventories, and Orders

September 2013 new orders for manufactured goods increased 1.7 percent, to $490.8 billion. This followed a 0.1 percent decrease in August. September shipments rose 0.1 percent, to $488.9 billion. This followed a 0.2 percent August increase. September unfilled orders rose 0.9 percent, to $1,041.7 billion. This followed a 0.1 percent August increase. And September inventories rose 0.4 percent, to $634.0 billion. This followed a 0.2 percent August increase.

New Residential Construction

Building permits in August 2013 were at a seasonally adjusted annual rate (SAAR) of 918,000, down 3.8 percent from the revised July rate and up 11.0 percent from August 2012. Housing starts in August 2013 were at a SAAR of 891,000, up 0.9 percent from the revised July estimate and up 19.0 percent from August 2012.

Dr. Sue Helper Named U.S. Commerce Department Chief Economist

WASHINGTON — The U.S. Department of Commerce today announced that Dr. Susan Helper will serve as the department’s new Chief Economist, a post within Commerce’s Economics and Statistics Administration. For the past year, Dr. Helper served as Senior Economist at the Council of Economic Advisers.

Economics and Statistics Administration Report Shows Value of New Manufacturing Jobs

WASHINGTON — The U.S. Commerce Department's Economics and Statistics Administration (ESA) today released a new report entitled The Earnings of New Hires in Manufacturing,which confirms that manufacturing jobs created in recent years are good-paying jobs. U.S.

Statement from U.S. Commerce Secretary Penny Pritzker on International Trade in Goods and Services In June 2013

WASHINGTON – U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the June 2013 U.S. International Trade in Goods and Services data. U.S. exports of goods and services grew to $191.2 billion, from $187.1 billion in May, with monthly exports reaching an all-time record.

Statement from U.S. Commerce Secretary Penny Pritzker on International Trade in Goods and Services In June 2013

WASHINGTON – U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the June 2013 U.S. International Trade in Goods and Services data. U.S. exports of goods and services grew to $191.2 billion, from $187.1 billion in May, with monthly exports reaching an all-time record.

Dr. Sue Helper Named U.S. Commerce Department Chief Economist

WASHINGTON — The U.S. Department of Commerce today announced that Dr. Susan Helper will serve as the department’s new Chief Economist, a post within Commerce’s Economics and Statistics Administration. For the past year, Dr. Helper served as Senior Economist at the Council of Economic Advisers.

Statement from U.S. Commerce Secretary Penny Pritzker on International Trade in Goods and Services in May 2013

WASHINGTON — U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the May 2013 U.S. International Trade in Goods and Services (PDF) data. Both total services and automotive exports hit record levels in May, although overall U.S. exports of goods and services dropped slightly to $187.1 billion, from $187.6 billion in April. Total services exports were led by increases in travel, passenger fares, and other private services.

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