Connect with Us


Manufacturing Pays

Historically, manufacturing jobs have offered relatively high pay, good benefits, and job security. However, as the economy has changed, the manufacturing sector's reputation for offering higher-paying jobs has been called into question – but our research rebuts this criticism.  In a new short report  available on the Department of Commerce's Office of the Chief Economist's website, we use ten federal datasets to compare the average pay of manufacturing employees to the average pay of private sector employees and find that a pay premium still exists.

What is Natural Capital? New York Roundtable Considers the Question, Evokes Teddy Roosevelt

Columbia UniversityThe third natural capital business roundtable took place in New York City on September 18th, in collaboration with Columbia University's Earth Institute. The natural capital roundtables bring together industry leaders, academics, government officials and non-governmental organizations to identify opportunities and challenges associated with integrating natural capital values into companies' business models. These sessions are helping to inform the development of a Commerce Department natural capital website featuring data, case studies, tools, methodologies, best practices, and other information that businesses have identified as important for decision-making.

A Timely Portrait of America's Business Owners from the Annual Survey of Entrepreneurs

I'm pleased to announce the beginning of data collection for the inaugural Annual Survey of Entrepreneurs. This new survey will be a supplement to the U.S. Census Bureau's Survey of Business Owners, which is conducted every five years as part of the Economic Census.

U.S. Census Bureau Data Shows Gulf Coast's Recovery from Hurricane Katrina

Ten years ago, Hurricane Katrina struck the U.S. Gulf Coast, forever altering the lives of many of its residents. As we pause to reflect on the impact of the storm, we can see a story of recovery told through Census Bureau statistics on population, housing and businesses.

Natural Capital in the Big Apple: Upcoming Roundtable Set for Columbia University’s Earth Institute

North Carolina CoastHosted by the Commerce Department, the third natural capital business roundtable in a series focusing on coastal regions is set to take place September 18th at Columbia University's Earth Institute. The three target industries for the day-long New York City meeting will be financial services, real estate development/construction, and re/insurance.

Council Advises Continued Data Improvements

Council Advises Continued Data ImprovementsOn July 30th, the Commerce Data Advisory Council  convened its second meeting to review and provide guidance on the Department of Commerce's data.  This one-of-a-kind gathering of digital technology executives was eager to dive directly into the work of the Department and provided dozens of excellent recommendations.  A great deal of the feedback can be summarized as "Thumbs up.  Continue the good work."  Though there were some very specific suggestions for improvement areas.  But as with any insightful discussion on how a business is using its information to help its customers, the conversations about improving data led to provocative and fundamental questions about the processes, tools, and skills required to deliver on the Department's strategic data objectives.

New Research Will Help U.S. Businesses Assess Costs Everywhere

Assess Costs Everywhere (ACE) has been recently revised with more modern, up-to-date information. ACE is a resource developed by the Office of the Chief Economist in the Department of Commerce to outline the hidden costs and risks U.S. firms need to consider when evaluating the location of manufacturing operations and supply chains. ACE was originally launched in April 2013, and we are constantly reviewing it to ensure the data and research are current.

Highlights from our newly updated research include:

Commerce Hosts Roundtable with VA Exploring Better Veterans Data for Better Veterans Care and Support

Under Secretary Doms discusses Census data on veterans with Veterans Service Organizations’ leaders and officials from the Departments of Commerce and Veterans Affairs.The Census Bureau collects data through the American Community Survey (ACS) that is incredibly valuable to serving our nation's veterans. This week we convened a meeting with the Department of Veterans Affairs (VA), led by Dat Tran, Deputy Assistant Secretary for Data Governance and Analysis, and representatives from leading Veterans Service Organizations (VSOs), such as the VFW, Disabled American Veterans, The Retired Enlisted Association and the National Military Family Association, to discuss how our data assets, including the ACS, can benefit their missions.

Supply Chains Take on Larger Role in Manufacturing

In March, the Department of Commerce and the White House released "Supply Chain Innovation: Strengthening America's Small Manufacturers." One of the figures in that paper showed that supply chain costs, as a percentage of manufacturing shipments, have grown over the past two decades, from 52 percent in 1992 to 59 percent in 2012.1 Those percentages were gleaned from Economic Census data published every five years, and they paint an interesting picture of the growing importa

New Advance Report on International Trade Available Today

Today, the U.S. Census Bureau released the first-ever Advance Report: U.S. International Trade in Goods. The Department of Commerce is "America's Data Agency," and this report is part of our ongoing efforts to release U.S. trade data to the public as quickly as possible. The Advance Report of U.S. trade data will be published up to a week before the full FT-900: U.S. International Trade in Goods and Services that is jointly issued by the Census Bureau and the Bureau of Economic Analysis (BEA).


Subscribe to Front page feed

Subscribe to Economic Indicators

Subscribe with your email address to stay up-to-date with our economic indicators!

Go to top