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U.S.-Chinese Statistics Working Group Reports On Differences in U.S.-China Trade Data

Washington, DC – The U.S. Department of Commerce is today releasing findings of an analytic report on the differences between the official trade statistics produced by the United States and China. This report was prepared cooperatively by analysts in the United States and China as part of the U.S.-China Joint Commission on Commerce and Trade Statistics Working Group (JCCT SWG).

Under Secretary Blank Updates 2010 Census Partners

Washington, DC (March 2, 2010)- Under Secretary of Economic Affairs Becky Blank spoke on behalf of Secretary Locke at the National Conference of American Indians (NCAI) Winter Conference on the importance of participating in the 2010 Census.

Census Bureau to Develop Supplemental Poverty Measure

New measurement will complement but not replace existing statistic

The Commerce Department’s U.S. Census Bureau is preparing to develop a Supplemental Poverty Measure that will use the best new data and methodologies to obtain an improved understanding of the economic well-being of American families and of how federal policies affect those living in poverty. The initiative to create the new statistic is included in the President’s FY2011 budget proposal.

Commerce Department Releases Report on Economic Impact of 2010 Census

Washington, DC —A new report from the Commerce Department’s Economics and Statistics Administration examines the possible effects of the 2010 Census on the U.S. economy. The report describes the complexities associated with arriving at precise estimates when considering a project of the magnitude and duration of the Decennial enumeration.

Department of Commerce Issues Report for Vice President’s Middle Class Task Force

Washington, DC (Jan. 25)—The Commerce Department’s Economics and Statistics Administration issued a new report for Vice President Biden’s Middle Class Task Force: Middle Class in America. The report, which identifies what it means to be middle class in America today, uses a host of measures to show that it is more difficult today to both attain and maintain a middle-class lifestyle than it was two decades ago. “This report highlights the gravity of the economic realities facing American families aspiring to a middle-class lifestyle," Commerce Secretary Gary Locke said.

Under Secretary Blank to Help Census Bureau Kick Off Chicago 2010 Census In Schools Program

Chicago (December, 10)—U.S. Department of Commerce Under Secretary Rebecca Blank, Chicago Mayor Richard M. Daley, several former NFL players and students from King College Preparatory High School help U.S. Census Bureau officials launch the national 2010 Census in Schools program in Chicago. The program, "2010 Census: It's About Us," gives schools a wide range of free, optional, standards-based lesson plans on subjects related to the census, ranging from math to social studies.

United Nations Statistics Division Integration Meeting

Washington, DC (December 7, 2009) - Under Secretary of Commerce for Economic Affairs Rebecca Blank (pictured on the right) addressed the United Nations working group that is preparing guidelines on integration of national economic accounts. Bureau of Economic Analysis (BEA) Director Steve Landefeld (pictured left) hosted the group from December 7-9.

Commerce Secretary Gary Locke Statement on October 2009 U.S. International Trade in Goods and Services

WASHINGTON – On the eve of his trip to Copenhagen, U.S. Commerce Secretary Gary Locke issued the following statement on the release of the October 2009 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports increased by 2.6 percent to $136.8 billion since September 2009. Imports to the U.S. increased 0.4 percent to $169.8 billion. The trade deficit shrank 7.6 percent to $32.9 billion from a revised $35.7 in September.

Statement from Under Secretary Rebecca Blank on the Second Estimate of Gross Domestic Product in the Third Quarter 2009

WASHINGTON – The U.S. Commerce Department’s Bureau of Economic Analysis today released the second estimate of gross domestic product (GDP) for the third quarter of 2009. Real GDP rose 2.8 percent at an annual rate, down moderately from the advance estimate of 3.5 percent. Most private analysts had expected a revision to 2.7 percent in the third quarter.

Commerce Secretary Gary Locke Statement on 3rd Quarter GDP

WASHINGTON, D.C. – The Commerce Department’s Bureau of Economic Analysis today released data on GDP in the third quarter.

Real GDP increased 3.5 percent at an annual rate in the third quarter, after declining in five of the preceding six quarters. The gain marked the largest quarterly advance since the third quarter of 2007. U.S. Commerce Secretary Gary Locke issued the following statement in response to the news.

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