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Economy

Working to Make America More Competitive

I am pleased and humbled to begin my tenure as Under Secretary for Economic Affairs at the U.S. Department of Commerce.  Asked by Secretary Wilbur L. Ross and nominated by President Trump, I am deeply honored to help make America more competitive, serve my fellow Americans, and give back to our country, which has given so much to me.

Statement on Income, Poverty and Health Insurance

Statement from Justin Antonipillai, Counselor to the Secretary
Delegated Duties of Under Secretary for Economic Affairs

“Today’s Income, Poverty and Health Insurance data release from the U.S. Census Bureau is good news for the American people.  Household income increased for the first time since 2007, and reductions in the poverty rate are the largest on record since 1990.  These improvements cut across all socioeconomic and demographic groups in every region of the country.  In addition, we saw health insurance coverage improve in every state with the rate of uninsured people decreasing by 1.3 percentage points to a total of 29 million.  There is still work to do, but we are clearly on the right track”

Drilling into 'Fab' Metals

Recently, the Office of the Chief Economist (OCE) reported on fabricated metal product manufacturing as part of our series of manufacturing profiles examining what is made in America. Utilizing various fabrication processes, metals are manipulated to create intermediate or end products (excluding machinery, computers and electronics and metal furniture). Examples of fabrication (or "fab") include forging, stamping and welding metal. Shipments of fabricated metals totaled $345.1 billion, or 5.9 percent of all manufacturing shipments in 2013. The fabricated metals industry is the third largest employer (following transportation and food manufacturing) of all the manufacturing industries in the United States.

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.

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