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Recent Trends in Manufacturing

Since the Great Recession, manufacturing has experienced a period of growth. In our June 2014 report, Manufacturing Since the Great Recession, Ryan Noonan and I provided an overview of recent trends in manufacturing. This blog updates those facts.  What we find is that while manufacturing is still recovering, the rebound has slowed somewhat in recent months.

Digitally Deliverable Services Remain an Important Component of U.S. Trade

Last year, DOC economist Jessica Nicholson and I wrote "Digital Economy and Cross-Border Trade: The Value of Digitally-Deliverable Services." In that report, we estimated the total value of U.S. trade in digitally-deliverable services—i.e., services that may be, but are not necessarily, delivered digitally. Since the publication of our report, we have received many requests to provide updated data on this valuable sector of our economy.

With a Low Unemployment Rate, Data Workers are High in Demand

Across the U.S. economy, data jobs are multiplying and the digits on their paychecks are attractive.  New numbers highlight another benefit to workers in this field—very low unemployment rates.  The unemployment rate for data jobs was just 3.1 percent in 2014, or half the national average.

Partly Voluntary, Partly Not – A Look at Part-Time Workers

Regularly working 35 or more hours—the Bureau of Labor Statistics' definition cutoff for "full-time"—is a typical criterion for considering a job to be "good." (Others include the pay and breadth of benefits.)  As the economic expansion continues to unfold, full-time employment is growing. In March 2015, 121 million people were working full-time, up from a low of 110.6 in December 2009, but still somewhat short of the pre-recession high of 121.9 in November 2007. For the 27.7 million workers who worked part-time hours as of March 2015, (i.e.

New ESA report: The Value of the American Community Survey: Smart Government, Competitive Businesses, and Informed Citizens

Better data for better decisions. That's our mantra at ESA. And one of the best sources of data in an increasingly data-driven decision-making world is the American Community Survey.

Commerce Hosts Inaugural Data Advisory Council (Video)

Photo of Colin Parris, Vice President of Software Research at  General ElectricAs Colin Parris, Vice President of Software Research at General Electric, reflected on his participation in the inaugural Commerce Data Advisory Council (CDAC) he said, "I think CDAC can achieve (things) that could be monumental towards the growth of data in the U.S.

The New Spirit of Sustainable Business: Prosper by 'Doing Good' as Commerce Department Launches First of Five Natural Capital Business Round Tables

Nature provides several trillion dollars' worth of inputs and services vital to long-term business success – indeed, one study shows our global 'natural living infrastructure' produces $21-72 trillion in annual goods and services.  However, because clean water and air; fertile soil; buffers to floods, droughts, fires, and extreme weather are not traded or sold in the marketplace, their value has been largely unaccounted for in business decisions and market transactions. 

Timelier, more accurate data: the Commerce Department’s statistical agencies deliver on promise of better data for better decision-making

The Economics and Statistics Administration’s family of statistical agencies – the Bureau of Economic Analysis (BEA) and U.S. Census Bureau – are announcing an important new initiative that will lead to an acceleration of key trade data as well as improved accuracy of the advance estimate of Gross Domestic Product (GDP). GDP is widely considered the most important measure of the U.S. economy.

2015 Census Test Starts Today in the Savannah, Ga. Area

Reinvesting in America’s Supply Chain Innovation

Photo taken during a field trip to Itron, one of several companies we visited.It's springtime, and during this season of growth and renewal another important renaissance is underway: a remarkable resurgence in American manufacturing.  Powering this growth are the small- and medium-sized businesses that comprise the U.S. manufacturing supply chain. 


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