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Are The Numbers There Yet?

How Do The Census Bureau And Bureau Of Economic Analysis Set Data Release Dates?

Assess Costs Everywhere: Trade Financing Costs

The Department of Commerce recently introduced the Assess Costs Everywhere tool, which outlines the costs and risks firms need to weigh when considering location of manufacturing operations and supply chains. Trade financing and associated costs are especially relevant to manufacturers with overseas suppliers. These firms must consider more than just the selling prices of the items they plan to purchase. Purchasing goods and supplies from foreign countries requires different payment methods from buying domestically.

Assess Costs Everywhere: Shipping

Companies that consider moving their manufacturing activities or supply chains outside the United States should carefully consider the total cost of shipping. Expected gains from offshoring can often be erased by long shipping times, rising or fluctuating shipping costs, regulatory fees, and unexpected delays.

Assess Costs Everywhere: Firms Can Trip Up By Forgetting About Travel Costs

The Department of Commerce’s recently released Assess Costs Everywhere (ACE) tool helps firms understand the total costs and risks associated with deciding where to locate their operations or supply chains. These costs range from labor and shipping to product quality to regulatory compliance. We will explore travel costs in this blog.

Assess Costs Everywhere: Today’s Cheap Labor May Be More Costly Tomorrow

The Department of Commerce recently introduced the Assess Costs Everywhere tool, which outlines the costs and risks firms need to weigh when considering location of manufacturing operations and supply chains. Labor is at the top of the list. Indeed, businesses cite labor costs as a top factor driving production-location decisions. While perceptions of less expensive labor abroad may have led some businesses to locate outside the U.S., some companies have found that expected savings from foreign labor have whittled away over time in numerous and unexpected ways.

ACE Tool Helps U.S. Businesses Fully Assess the Advantages of Manufacturing and Sourcing In America

I have the pleasure of meeting frequently with business owners from across the country.  They talk about where their challenges are in growing and sustaining their businesses, and they also talk about how locating production abroad hasn't always turned out as well as they had hoped.  Not surprisingly, during our current economic recovery and expansion, news reports and private consultants have repeatedly echoed that thinking.  Increasingly we hear that U.S.

Where can I find that? ESA Shows How to Use Its Agencies’ Local and Regional Data for Economic Planning

When disaster strikes an American community, local and regional planners focus on saving lives and property, but once the winds stop or the waters recede, the process of assessing the damage and economic impacts begins. Developing an accurate economic and demographic baseline is a key early step in this process, as it gives planners the starting point from which to assess the damage and plan the recovery.

Economic Indicator: Diminishing Housing Inventory a Sign of Recovering Market

Yesterday, the U.S. Census Bureau released data on new housing starts and building permits. Inventory is an important component of the construction data and recently, as the market has been recovering and completed homes have been selling relatively fast, the aggregate new housing inventory has been declining to some of the lowest levels on record.

U.S. Recognizes Another Year of Export Growth

Last year was another record-setting year for U.S. exporters.

Economic Indicator: Updated Upward Housing Trends

This blog post updates our post from August 16 on housing, and the most recent data shows that the upward trends in the nation's housing market continues.

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