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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.

A Rebound in Housing: What the Permits Data Are Showing

Each month, the Census Bureau surveys a sample of local building permit offices and releases data on the total number of permits issued for new private residential construction.  (The next monthly construction release is scheduled for tomorrow, June 18th at 8:30 a.m.) Once per year, however, the bureau surveys all 20,000 permit offices in the country to get a complete accounting of permits issued during the calendar year.  These data underlie the annual benchmark revision of the building permit data, the latest of which was released on M

Assess Costs Everywhere: Product Quality

 "Good enough" is a phrase that does not belong on the factory floor. Today's factory processes must meet exacting specifications, and this need underlies many U.S. manufacturers' decisions to reassess where they are producing or sourcing.

Breaking Down the Urban-Rural Broadband Divide

While broadband availability has expanded for all parts of the United States, NTIA data has consistently shown that urban areas have greater access to broadband at faster speeds than rural areas. In a new report released today, NTIA and the Commerce Department's Economics and Statistics Administration (ESA) delve deeper into the differences between broadband availability in rural and urban areas.

Assess Costs Everywhere: The Real Cost of Inventory

ACE:  Inventory FactorsAll manufacturing companies, regardless of where they manufacture their products or source their inputs, must develop strategies that account for the amount of time that passes between ordering new products and receiving those products. However, when production and supply chains extend overseas, many companies find the need to maintain larger domestic inventories because larger inventories

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