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A Big Day for Big Data: The Beginning of Our Data Transformation

OpenData 500Wednesday, June 18, 2014, was a big day for big data.  The Commerce Department participated in the inaugural Open Data Roundtable at the White House, with GovLab at NYU and the White House Office of Science and Technology Policy.

Better Data for Better Decisions

BEA LogoThe Commerce Department's "Open for Business Agenda" vows to make government data better, more useful and more powerful. Specifically, we pledge to "improve government, business, and community decisions and knowledge by transforming Department data capabilities and supporting a data-enabled economy."  We are making some great progress towards those goals.

Assess Costs Everywhere – Now Even Better!

ACE LogoWhere to locate your business or a new facility for your business is a complicated decision. Many variables are involved, and if you are considering a location outside of the U.S., there are many factors that may not be obvious. At Commerce, we have been focused on making this decision and all of its moving parts easier to digest, and a major part of that is Commerce's ACE Tool.

Manufacturing: A New Commerce Department Report Shows Renewed Expansion

The U.S. manufacturing sector is rebounding at a rate unseen since the late 1990s.  For the first time in more than a decade, output and employment are steadily and simultaneously increasing. A new Commerce Department report, Manufacturing Since the Great Recession,provides an overview of the resurgence of this important economic sector, examining production, international trade and the labor market.

Some of the key findings included in the report are:

Investing in Data, Investing in America

The Department of Commerce's mantra is that America is "Open for Business."  As President Obama highlighted at Tuesday's Investing in America roundtable, this has never been more true.  Today, U.S. and foreign businesses appreciate the competitive advantages that come from locating operations here. The U.S.

Coming Soon: New Statistics Will Provide More Timely Snapshot of How Industries are Performing

Recent U.S. Export Trends and Foreign Economic Growth

U.S. exports have continued to grow and reach record levels in each of the last few years.  Moreover, forecasters such as the International Monetary Fund (IMF) predict that the world economy will strengthen in the next couple of years, which should further boost U.S. exports.  Today’s blog examines the potential impact of the economies of our trading partners on U.S. exports.

Coming Soon: Real Personal Income Statistics for States and Metropolitan Areas

The Bureau of Economic Analysis will soon release real personal income statistics using regional price indexes to adjust BEA’s personal income data for differences in the cost of living across states and metro areas. These new statistics will inform decisions by businesses and households alike – from deciding where to move for a new job or locating a new company to helping economic development offices shape regional marketing plans and comparing economic performances across regions.

Big Data is Big Business for Commerce

Big Data and Open Data are all the rage these days. However, Commerce was into Big Data before Big Data was cool. As far back as 1790, we began collecting data on patents in the U.S. and the Census Bureau conducted the first Decennial Census the same year. In 1870, the National Weather Service was created – which today is one of the biggest data producing agencies around.

Opinion: The New 'Economic Census' Will Help Unleash the Economic Magic of U.S. Government Data

Opinion Editorial, Forbes - Commerce Secretary Penny Pritzker

“If you go back a few hundred years, what we take for granted today would seem like magic – being able to talk to people over long distances, to transmit images, flying, accessing vast amounts of data like an oracle. These are all things that would have been considered magic a few hundred years ago”


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