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Under Secretary Mark Doms Celebrates Manufacturing Day at Zentech Site Visit

Baltimore, MD – Department of Commerce Under Secretary for Economic Affairs Mark Doms participated in the nationwide Manufacturing Day event by visiting Baltimore’s high-tech Zentech Manufacturing, Inc. Doms is part of an Administration-wide effort to celebrate American manufacturers on National Manufacturing Day.

What is Made In America?

Accurately determining how much of our economy’s total production is American-made can be a daunting task. However, data from the Commerce Department’s U.S. Census Bureau and the Bureau of Economic Analysis (BEA) can help shed light on the dollar value of what America produces, and what percentage of the dollar value of an industry’s output that is considered domestic. Gross output, value added, domestically-sourced inputs, and domestic content are all concepts that can be used to measure U.S. production and to estimate how much of that production is made in the United States.

Behind the Official Label: What is “Made in America?”

Washington D.C. – The U.S. Department of Commerce’s Economics and Statistics Administration (ESA) today released a new report that seeks to quantitatively answer the question of what is truly made in the U.S.A.? As part of our celebration of manufacturing week, we leverage data to answer this question by illuminating the dollar value of what America produces, and what percentage of the dollar value of an industry’s output is considered domestic.

GDP Turns up in Second Quarter

Real gross domestic product (GDP) increased 4.6 percent in the second quarter of 2014, according to the “third” estimate released by the Bureau of Economic Analysis. The second-quarter growth rate was revised up 0.4 percentage point from the “second” estimate released in August. In the first quarter, real GDP decreased 2.1 percent.

First Results from Census Bureau's 2012 Economic Census Reviewed

Washington, D.C. - Under Secretary for Economic Affairs Mark Doms (right) and U.S. Census Director John Thompson (left) briefed a roundtable of reporters on the Advance Report for the 2012 Economic Census and the importance of the economic census and federal statistics to help grow the economy and create jobs.

The DOC Strategic Plan: The Value of Government Data

Commerce Secretary Penny Pritzker unveiled the Department’s America is Open for Business:  Strategic Plan, Fiscal Years 2014-2018.  One of the plan’s five priority areas is a redefinition of how we manage, optimize and enable public access to our treasure trove of data.  The Commerce Department is fortunate to have numerous agencies that provide data that are critical to the information economy.

Jobs, the Skills Gap and Local Communities

Chief Economist Dr. Sue Helper spoke on “Jobs, the Skills Gap and Local Communities” at the Metro Economies Committee Meeting of the U.S. Conference of Mayors 82nd Winter Meeting in Washington, D.C.  Pictured left to right are Dr. Sue Helper, Mayor John Dickert of Racine, WI and Mayor Greg Fischer of Louisville, KY.

The 10th U.S.-China JCCT Statistics Working Group Meeting

Washington, D.C. - November 19, 2013, Department of Commerce Chief Economist Sue Helper and Deputy Assistant US Trade Representative William Shpiece meet with Deputy General Director, Department for General Economic Affairs, Ministry of Commerce of China Song Lihong. This meeting, held under the auspices of the U.S.-China Joint Commission on Commerce and Trade (JCCT), is used as a forum to discuss cooperative measures on bilateral trade statistics. Pictured from left to right are: Han Xi, Liu Ying, William Shpiece, Song Lihong, Susan Helper, Yuan Haiying, Zhang Wei, Wang Jingang.

Manufacturer's Shipments, Inventories, and Orders

September 2013 new orders for manufactured goods increased 1.7 percent, to $490.8 billion. This followed a 0.1 percent decrease in August. September shipments rose 0.1 percent, to $488.9 billion. This followed a 0.2 percent August increase. September unfilled orders rose 0.9 percent, to $1,041.7 billion. This followed a 0.1 percent August increase. And September inventories rose 0.4 percent, to $634.0 billion. This followed a 0.2 percent August increase.

New Residential Construction

Building permits in August 2013 were at a seasonally adjusted annual rate (SAAR) of 918,000, down 3.8 percent from the revised July rate and up 11.0 percent from August 2012. Housing starts in August 2013 were at a SAAR of 891,000, up 0.9 percent from the revised July estimate and up 19.0 percent from August 2012.


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