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Chief Economist Doms Delivers Key Address on Economic Outlook for 2011

Lexington, KY, February 1, 2011 - Chief Economist Mark Doms made a presentation entitled “Innovation, Competitiveness, Economic Growth and Public Policy” at the 22nd Annual Economic Outlook Conference for 2011 sponsored by the University of Kentucky’s Gatton College of Business and Economics at the Lexington Convention Center.

Statement from U.S. Commerce Department Acting Deputy Secretary Rebecca Blank on Personal Income and Outlays in December 2010

WASHINGTON – The U.S. Commerce Department’s Bureau of Economic Analysis today released data on personal income and outlays for December 2010. Personal income and real personal consumption expenditures rose 0.4 in December, consistent with private-sector expectations. In November, personal income rose a similar 0.4 percent. “Today’s data show consumer spending clearly accelerated at the end of last year,” said U.S. Commerce Department Acting Deputy Secretary Rebecca Blank. “Personal income also posted stronger gains in the fourth quarter compared to the third.

Commerce Department Hosts First Meeting of 2010 Federal Economic Statistics Advisory Committee

U.S. Commerce Department Acting Deputy Secretary Rebecca M. Blank welcomed members of the newly-formed Federal Economic Statistics Advisory Committee (FESAC) Friday during the group's first meeting as a function of the Commerce Department. The committee will advise agency heads of the U.S.

Acting Deputy Secretary Blank Speaks at U.S. Chamber of Commerce on Women In Business and the Economy

WASHINGTON, December 14 — Commerce Acting Deputy Secretary Rebecca Blank discussed women in business at a forum today at the U.S. Chamber of Commerce. Dr. Blank highlighted key findings from a recent Commerce Department report on “Women-Owned Businesses in the 21st Century,” produced by ESA, and addressed the prospect and opportunities of starting a business in today’s economy.

The Women in Business forum included a series of remarks and panels with successful women from the public and private sectors.

ESA's White Receives 2010 Presidential Rank Award

Secretary Gary Locke and Acting Deputy Secretary Rebecca Blank join ESA in congratulating James K. (Kim) White for receiving the Presidential Distinguished Rank Award. Conferred by the President of the United States, the Distinguished Rank Award is considered the Nation’s highest civil service award, recognizing the extraordinary accomplishments of a small number of career Senior Executive Service leaders, professionals, and scientists who have consistently demonstrated excellence in results-oriented leadership and unsurpassed service to the nation.

Statement from Commerce Under Secretary Rebecca Blank on the Second Estimate of GDP in the Third Quarter of 2010

WASHINGTON, November 23 — 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 2010. Real GDP grew at a 2.5 percent annual rate in the third quarter, revised up from the advance estimate of 2.0 percent and slightly higher than private-sector expectations of a 2.4 percent increase. The upward revision reflected data that were not available for the advanced estimate.

September Marks the Fifth Consecutive Month of Double-Digit Travel and Tourism Export Growth

According to newly released data from the Commerce Department, international visitors traveling to the United States pumped an estimated $11.7 billion into the U.S. economy during the month of September, up $1.7 billion compared to the same period last year. This marks the fifth month of double-digit growth and ninth straight month of overall growth in U.S. travel and tourism exports. Total travel and tourism-related exports have increased, on average, $1.2 billion a month in 2010.

Commerce Department Under Secretary for Economic Affairs Rebecca Blank Named Acting Deputy Secretary

WASHINGTON, November 18 — The U.S. Commerce Department announced today that Rebecca Blank, currently the Under Secretary for Economic Affairs, will become its Acting Deputy Secretary. In her new, temporary role, she will focus on matters of management and policy for the department’s 12 bureaus, functioning as Commerce’s chief operating officer.

Broadband Adoption Rises While 'Gap' Persists; Digital Divide Not Simply Due to Socio-Economic Status

WASHINGTON, November 8 — The Department of Commerce's Economics and Statistics Administration (ESA) and National Telecommunications and Information Administration (NTIA) today released a new report, "Digital Nation II," that analyzes broadband Internet access and adoption across the United States.

Under Secretary Blank Keynotes U.S./German Innovation Conference

Washington, D.C. (November 2, 2010) - Under Secretary Blank gave the keynote address on "Innovation and Economic Growth" at a U.S./German Innovation Conference sponsored by the National Academies and DIW Berlin.

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