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Spotlight on #GivingTuesday, December 3, 2013

Tuesday, December 3, 2013 marks the first anniversary of #GivingTuesday, a national day of giving at the start of the annual holiday season that celebrates and encourages charitable activities that support non-profit organizations.

Understanding the Trend in Multi-Family Housing Growth During the Recovery

As the housing market continues to recover from the recession, it is interesting to look at how the makeup of the market has changed. As we can see from the following chart, multi-family housing starts have returned to more than 70 percent of their pre-recession peak, while single-family housing starts have only recovered a small amount from their recession low. Moreover, multi-family housing has grown in most major metropolitan areas over the last few years, not just a few large cities.

Let's Talk Turkey: U.S. Turkey Production and International Trade

This year is the 150th anniversary of President Abraham Lincoln’s proclamation establishing Thanksgiving as a national holiday. Today we are presenting some data tidbits on U.S. production and international trade in turkeys and turkey products – the main course of many Thanksgiving celebrations. (The wild turkey would also have been our national symbol if Benjamin Franklin had had his way).

Expanding Broadband Access to Businesses Nationwide

Just as more Americans are finding broadband essential to life at work and home, most businesses also need high-speed Internet service to remain competitive. The nation has made good headway in efforts to expand broadband access to work places, according to a new report from the U.S. Commerce Department’s National Telecommunications and Information Administration (NTIA) and Economic and Statistics Administration (ESA).

Spotlight on Exporting Businesses Owned by Veterans

Monday, November 11, 2013, is Veterans Day. This national holiday was originally established as “Armistice Day” to honor American veterans of World War I and their fallen comrades. In 1954, Congress renamed the holiday“Veterans Day” to honor all the women and men who have served in the armed forces.

Foreign Direct Investment in the United States

The United States has been the world’s largest recipient of foreign direct investment (FDI) since 2006. Every day, foreign companies establish new operations in the United States or provide additional capital to established businesses. With the world’s largest consumer market, skilled and productive workers, a highly innovative environment, appropriate legal protections, a predictable regulatory environment, and a growing energy sector, the United States offers an attractive investment climate for firms across the globe.

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.

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.

Let Freedom Ring

On Friday, June 28th, I was given the honor of speaking to about 500 people from 80 countries who took the oath to become U.S. citizens at a ceremony in Sterling, Virginia. The happiness, joy, pride, and gratitude in the room brought tears to my eyes, especially after imagining the collective hardships endured, the journeys taken, and the fears overcome by our new citizens.

Assess Costs Everywhere: Regulatory Compliance Costs

The Department of Commerce recently introduced the Assess Costs Everywhere tool, which outlines the costs and risks U.S. firms need to weigh when considering location of manufacturing operations and supply chains. For example, these firms should consider, along with a whole range of costs, the extra resources they need to devote to comply with U.S. regulations on the importation of goods and foreign regulations on all aspects of business when operating abroad.

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