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ACE Tool: New Data Aids US Business Investment Decisions

The Department of Commerce's Assess Costs Everywhere tool (ACE) highlights the hidden costs and risks that manufacturers need to consider when deciding where to locate their operations or supply chains in the United States.


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Privacy Summit Keynote

Counselor Justin Antonipillai, a lead negotiator on U.S.-E.U. Privacy Shield talks, gives the closing keynote at the TrustE Privacy Risk Summit in San Francisco, June 8, 2016.


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Justin Antonipillai Opens 4th #CDACMtg

New York, NY - Counselor Antonipillai kicked off the 4th meeting of the Commerce Data Advisory Council (CDAC) this morning at Google's offices in NYC. This is Justin's first CDAC event since assuming the role of Under Secretary of Economic Affairs in January.


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Data Services for the 21st Century Economy

The Commerce Department launches the first ever Commerce Data Service. Built in the spirit of America's entrepreneurial technology ventures, the Commerce Data Service is a start-up within government, that consists of diverse team of top-notch designers, developers, software engineers and data scientists. Read more on our blog...


Data Services Website

Taking the High Road

There is a wealth of evidence that manufacturing jobs are good jobs. But not all manufacturing jobs are created equal. Published data highlight the considerable variation in pay and productivity across manufacturing industries.


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The Commerce Data Advisory Council (CDAC) has been appointed by Secretary Pritzker to assist the Department of Commerce in revolutionizing their data assets, to empower our data users to become more informed, create a data ecosystem around our data products, and ultimately to foster innovation, create jobs, and drive better decision making. Find out more about the Commerce Data Advisory Council (CDAC)

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Economic Indicators

The Economics and Statistics Administration (ESA) releases 12 monthly and quarterly Principal Federal Economic Indicators collected by its constituent bureaus: the U.S. Census Bureau and the Bureau of Economic Analysis (BEA). Businesses rely heavily upon these indicators to make decisions every day. In their public comments, the Secretary and ESA's Under Secretary and Chief Economist put the indicators into a national and global economic context.

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American Community Survey

The American Community Survey (ACS) is an ongoing survey that provides data every year -- giving communities the current information they need to plan investments and services. Information from the survey generates data that help determine how more than $400 billion in federal and state funds are distributed each year.

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News

A New Data Joint Adventure

Data: The Innovation Currency of the Digital AgeData, you might say, is the innovation currency of the Digital Age.  Data solutions surround us – like when we’re in the backseat of an Uber browsing LinkedIn while the driver uses Waze for the best route while streaming Pandora on the radio.  Every day innovators are using public and private data to dream up and deliver new customer solutions.  And we’re just at the beginning. 

Economic Briefing Blog

What’s New for the 2016 Annual GDP Update?

The Bureau of Economic Analysis updates GDP figures and their major components every summer, sweeping in more comprehensive data that weren’t available for earlier estimates. The 2016 annual update, coming July 29, also will feature some of BEA’s efforts to continuously improve its measurement of the U.S. economy.

Reports

Foreign Direct Investment in the United States: Update to 2013 Report

Office of the Chief Economist SealThe United States remains an attractive destination for foreign direct investment (FDI) for a variety of reasons, including a large consumer base, a productive workforce, a highly innovative environment, and legal protections.  As a result, foreign firms make investments in the United States on a regular basis by establishing new operations, purchasing existing operations of another company, or providing additional capital to their existing U.S. operations. This report, which updates a report released in 2013, examines recent trends in FDI and highlights newly released “greenfield” FDI data from the Bureau of Economic Analysis (BEA).1 Foreign direct investment trends identified in the earlier report have continued to 2015.

Economics & Statistics Administration Agencies

The Bureau of Economic Analysis (BEA) promotes a better understanding of the U.S. economy by providing the most timely, relevant, and accurate economic accounts data in an objective and cost-effective manner. BEA produces economic accounts statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the Nation's economy.

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The Chief Economist is the Under Secretary's principal adviser on economic matters and serves as a special adviser to the Secretary of Commerce. The Office of the Chief Economist conducts analyses of policy proposals, monitors and interprets current economic developments; as well as analyzes major economic policy developments for use by senior officials throughout the Administration.

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The Census Bureau's mission is to serve as the leading source of quality data about the nation's people and economy. We honor privacy, protect confidentiality, share our expertise globally, and conduct our work openly. We are guided on this mission by scientific objectivity, our strong and capable workforce, our devotion to research-based innovation, and our abiding commitment to our customers.

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