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ACE

New Research Will Help U.S. Businesses Assess Costs Everywhere

Assess Costs Everywhere (ACE) has been recently revised with more modern, up-to-date information. ACE is a resource developed by the Office of the Chief Economist in the Department of Commerce to outline the hidden costs and risks U.S. firms need to consider when evaluating the location of manufacturing operations and supply chains. ACE was originally launched in April 2013, and we are constantly reviewing it to ensure the data and research are current.

Highlights from our newly updated research include:

New tool shows manufacturing in America carries huge potential savings; a reshoring success “toy story”

This week, as we celebrate the country’s vital manufacturing sector, we are excited to unveil a new tool that will allow manufacturers to calculate potentially significant savings that can be realized by manufacturing in America.

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.

Assess Costs Everywhere: Intellectual Property Rights

The Department of Commerce’s Assess Costs Everywhere (ACE) tool helps firms estimate the costs and risks associated with locating operations or supply chains overseas. Today, we are focusing on intellectual property (IP) in our eleven-part series highlighting the relatively low costs and risks of keeping business right here in America. Be sure to check out earlier Economics and Statistics Administration blog posts here.

Assess Costs Everywhere: Texas Tea, Pennsylvania Pinot, and Other Inputs

As I flipped through the TV channels during my youth, a catchy tune often beckoned me “to listen to a story ‘bout a man named Jed.” Jed and his fictional Clampett family got rich and moved to Beverly Hills, CA after selling the rights to drill for the Texas tea (crude oil) on their land. Yesterday’s yarns about petroleum parallel today’s narratives about natural gas. Natural gas has created billionaires in the Bayou and natural gas millionaires in Pennsylvania and other states with shale gas deposits.

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