Connect with Us

Blogs

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.

Face to Face On the Value of Government Data

U.S. Mark Doms (center) visits the Atlanta Census Regional OfficeAtlanta, GA – Under Secretary Mark Doms (center) visits with Census Atlanta Regional Director George Grandy, Jr.

City Colleges of Chicago Prepares Workforce of the Future thru Business Partnerships

US Doms with Chicago City Colleges Health Partnership MembersEarlier this week I visited Malcolm X College in Chicago, Illinois to learn more about the College to Careers (C2C) program, a private-public partnership that connects students to careers that are in demand in the community.  These partnerships align City Colleges of Chicago's curricula with some of the fastest gro

Arts and “First Friday” Contribute to Overall Economic Activity in Missoula, Montana

Secretary Penny Pritzker’s visit to Missoula, Montana last week coincided with one of the community’s “First Friday Gallery Night” events. “First Friday’s” are part of a larger effort of the Cultural Council in Missoula to support the arts to benefit the community as a whole. These events include various art galleries, museums, and retail locations, and may feature musical performances, poetry readings, dance and lectures.

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.

Quarterly Workforce Indicators Confirm Manufacturing Job Quality

Jobs in the manufacturing sector have long been considered “good jobs”—a source of above-average wages and benefits, full-time hours, and stable employment for millions of Americans—and previous work by the Economics and Statistics Administration (ESA) has demonstrated the quality of many manufacturing jobs.

An Education Lesson on Seasonally Adjusted Annual Rates

Recently, I was looking into the cost of private elementary education and was surprised to see prices that seemed more like college tuition. As I recovered from the sticker shock, I wondered how the cost of these private schools compare with daycare costs, which, as most parents know, can also be quite shocking. But how can I compare weekly day care costs with annual private school tuition rates? To make matters more complicated, school tuition only covers the period from September to May, (i.e.

ACE: Political & Security Risks

In April, the Commerce Department developed the Assess Costs Everywhere (ACE) tool, which outlines the costs and risks firms need to weigh when considering the location of manufacturing operations and supply chains. Many of these are hidden or hard to quantify. This post, the eleventh in our series of blogs on ACE, explores one such area: political and security risks.

Pages

Subscribe to Front page feed
Subscribe

Subscribe to Economic Indicators

Subscribe with your email address to stay up-to-date with our economic indicators!

Go to top