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Statement from Commerce Under Secretary Rebecca Blank on Personal Income and Outlays in September 2010

Personal income decreased 0.1 percent and real consumer spending increased 0.1 percent in September, according to data released today by the U.S. Commerce Department’s Bureau of Economic Analysis. Real consumer spending in the third quarter was 2.6 percent higher, at an annual rate, than the second-quarter average. Real disposable personal income decreased 0.3 percent in September.

U.S. Department of Commerce Issues Report on Women-Owned Businesses in the 21st Century

Washington, D.C. – The U.S. Commerce Department’s Economics and Statistics Administration (ESA) today released a report on “Women-Owned Businesses in the 21st Century” that analyzes the changing role of women-owned businesses in the U.S. economy.

Statement from Commerce Under Secretary Rebecca Blank on Personal Income and Outlays in August 2010

Washington, DC – The U.S. Commerce Department’s Bureau of Economic Analysis today released personal income and outlays for August 2010. Personal income increased 0.5 percent in August. Real disposable personal income increased 0.2 percent. Real consumer spending also increased 0.2 percent in August and the July-August average stood 1.6 percent at an annual rate above the second-quarter average.

Statement From Commerce Under Secretary Rebecca Blank on American Community Survey 2009

Washington, D.C. – The U.S. Census Bureau today released the results of the 2009 American Community Survey (ACS). These results, which are based on survey responses collected over the course of the 2009 calendar year, provide information on the nation's socioeconomic, housing and demographic characteristics in that year.

Statement From Commerce Under Secretary Rebecca Blank on Income, Poverty, and Health Insurance Coverage in 2009

An earlier version of this statement incorrectly reported that "the poverty rate would have been 14.8 percent instead of 14.3 percent in the absence of the Recovery Act. The correct statement is: "the poverty rate would have been 14.5 percent instead of 14.3 percent in the absence of the Recovery Act."

WASHINGTON, D.C. – The Commerce Department's U.S. Census Bureau today released data on income, poverty and health insurance coverage in 2009.

Under Secretary Blank Presents Report on Drilling Moratorium to Senate Small Business Committee

Washington, D.C. – Under Secretary Blank testified before the Senate Small Business Committee on the economic impact of the deep water oil drilling moratorium. At that hearing, she presented the interagency report that laid out estimates of employment losses resulting from the moratorium.

Statement from Under Secretary Rebecca Blank on Personal Income and Outlays in July 2010

The U.S. Commerce Department’s Bureau of Economic Analysis today released personal income and outlays for July 2010. Personal income increased 0.2 percent in July, similar to private-sector expectations, while real disposable income decreased 0.1 percent. Real personal consumption expenditures increased 0.2 percent in July and at a 1.3-percent annual rate from their second-quarter average.

Statement from Under Secretary Rebecca Blank on the Second Estimate of Gross Domestic Product in the Second Quarter 2010

The U.S. Commerce Department's Bureau of Economic Analysis today released the second estimate of gross domestic product (GDP) for the second quarter of 2010. Growth in real GDP was lowered to 1.6 percent at an annual rate from the advance estimate of 2.4 percent. Most private-sector analysts had expected a revision to 1.4 percent in the second quarter. The downward revision reflected a wider trade deficit and lower inventories than were originally reported.

Statement from Commerce Under Secretary Rebecca Blank on Personal Income and Outlays in June 2010

Washington, D.C. – The U.S. Commerce Department's Bureau of Economic Analysis today released personal income and outlays for June 2010. Personal income remained unchanged in June, and real disposable income increased 0.2 percent.  Real personal consumption expenditures increased 0.1 percent in June and at a 1.6-percent annual rate in the second quarter.

Blank Named Eleanor Roosevelt Fellow By American Academy of Political and Social Science

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