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A Timely Portrait of America's Business Owners from the Annual Survey of Entrepreneurs

I'm pleased to announce the beginning of data collection for the inaugural Annual Survey of Entrepreneurs. This new survey will be a supplement to the U.S. Census Bureau's Survey of Business Owners, which is conducted every five years as part of the Economic Census.

U.S. Census Bureau Data Shows Gulf Coast's Recovery from Hurricane Katrina

Ten years ago, Hurricane Katrina struck the U.S. Gulf Coast, forever altering the lives of many of its residents. As we pause to reflect on the impact of the storm, we can see a story of recovery told through Census Bureau statistics on population, housing and businesses.

Natural Capital in the Big Apple: Upcoming Roundtable Set for Columbia University’s Earth Institute

North Carolina CoastHosted by the Commerce Department, the third natural capital business roundtable in a series focusing on coastal regions is set to take place September 18th at Columbia University's Earth Institute. The three target industries for the day-long New York City meeting will be financial services, real estate development/construction, and re/insurance.

Council Advises Continued Data Improvements

Council Advises Continued Data ImprovementsOn July 30th, the Commerce Data Advisory Council  convened its second meeting to review and provide guidance on the Department of Commerce's data.  This one-of-a-kind gathering of digital technology executives was eager to dive directly into the work of the Department and provided dozens of excellent recommendations.  A great deal of the feedback can be summarized as "Thumbs up.  Continue the good work."  Though there were some very specific suggestions for improvement areas.  But as with any insightful discussion on how a business is using its information to help its customers, the conversations about improving data led to provocative and fundamental questions about the processes, tools, and skills required to deliver on the Department's strategic data objectives.

New Research Will Help U.S. Businesses Assess Costs Everywhere

Assess Costs Everywhere (ACE) has been recently revised with more modern, up-to-date information. ACE is a resource developed by the Office of the Chief Economist in the Department of Commerce to outline the hidden costs and risks U.S. firms need to consider when evaluating the location of manufacturing operations and supply chains. ACE was originally launched in April 2013, and we are constantly reviewing it to ensure the data and research are current.

Highlights from our newly updated research include:

Commerce Hosts Roundtable with VA Exploring Better Veterans Data for Better Veterans Care and Support

Under Secretary Doms discusses Census data on veterans with Veterans Service Organizations’ leaders and officials from the Departments of Commerce and Veterans Affairs.The Census Bureau collects data through the American Community Survey (ACS) that is incredibly valuable to serving our nation's veterans. This week we convened a meeting with the Department of Veterans Affairs (VA), led by Dat Tran, Deputy Assistant Secretary for Data Governance and Analysis, and representatives from leading Veterans Service Organizations (VSOs), such as the VFW, Disabled American Veterans, The Retired Enlisted Association and the National Military Family Association, to discuss how our data assets, including the ACS, can benefit their missions.

Supply Chains Take on Larger Role in Manufacturing

In March, the Department of Commerce and the White House released "Supply Chain Innovation: Strengthening America's Small Manufacturers." One of the figures in that paper showed that supply chain costs, as a percentage of manufacturing shipments, have grown over the past two decades, from 52 percent in 1992 to 59 percent in 2012.1 Those percentages were gleaned from Economic Census data published every five years, and they paint an interesting picture of the growing importa

New Advance Report on International Trade Available Today

Today, the U.S. Census Bureau released the first-ever Advance Report: U.S. International Trade in Goods. The Department of Commerce is "America's Data Agency," and this report is part of our ongoing efforts to release U.S. trade data to the public as quickly as possible. The Advance Report of U.S. trade data will be published up to a week before the full FT-900: U.S. International Trade in Goods and Services that is jointly issued by the Census Bureau and the Bureau of Economic Analysis (BEA).

Brainstorming Natural Capital in Cleveland

GM's Dr. Susan Smyth and DOC Chief Economist Dr. Sue Helper confab in ClevelandOn June 12th, a team from the National Oceanic and Atmospheric Administration (NOAA) and the Economics and Statistics Administration (ESA) headed to Cleveland, OH for the second of five Department of Commerce Natural Capital Business Roundtables. The roundtables will inform development of a DOC website to help businesses incorporate natural capital in their planning and operations. Natural capital includes the air, water, soil and living resources that provide a range of goods and services on which the global economy depends. 

White House Supply Chain Innovation Roundtable Brings Together Manufacturers Committed to Strengthening Small Manufacturers in Domestic Supply Chains

White House Supply Chain Innovation RoundtablePost by Dr. Sue Helper

On July 9, I attended a gathering of two dozen manufacturing executives to discuss ways to improve the competitiveness of America's supply chains. This exciting event is part of the White House Supply Chain Innovation Initiative that the President announced in March.

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