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A New Look for the Commerce Data Advisory Council

The Commerce Data Advisory Council (CDAC) will convene for their 4th meeting on May 5-6 in New York City at Google's Manhattan office. This meeting is focused on Commerce's economic data, and the innovative ways the Department is working to improve and better utilize these valuable datasets. 

In conjunction with this event, the Commerce Data Service has re-designed CDAC's website to offer a better experience for CDAC members, the media, and the general public.

Commerce Data Advisory Council to Hold Fourth Meeting at Google NYC Headquarters ~ See on Live Stream

The 4th meeting of the Commerce Department's Data Advisory Council (CDAC) will be held on May 5th – 6th, at Google headquarters in New York City. The Council will be briefed on a wide range of data work underway at the Department designed to unleash Commerce Data for public and private innovation, improve the quality, scope and timeliness of our economic statistics, and drive a more data-driven government. Presentations include key data projects underway at the Commerce Data Service (CDS), including the "Income Data Project," the "New Exporters Project," and the "Data Usability Project."

Unlocking Opportunity: Economic Development through Open Data

Photo of Dr. Tyrone Grandison, Deputy Chief Data OfficerRecently, I had the opportunity to discuss the value of #OpenData at the #EDA2016. The Economic Development Administration's 2016 National Conference held in Washington DC, is where hundreds of regional and local economic development professionals, non-profit and private partners, and federal, state, tribal and local officials explored the top issues facing communities today relating to improving competitiveness, job growth, innovation and overall quality of life.

Leading the Way on Data Innovation

U.S. Deputy Secretary of Commerce Bruce Andrews at the Strata + Hadoop ConferenceI had the honor to speak at the Strata + Hadoop World Conference in San Jose, CA today. This Big Data conference brings together thousands of the smartest people in the tech and data world to share best practices in data science in the private, non-profit and public sectors. As "America's Data Agency," the U.S. Commerce Department plays a key role in providing the data that serves as the foundation for many of the innovations we see coming out of the private sector.

BEA Data Provide a Look into America's Shopping Carts

Consumer Spending GraphicAmerica's consumers spent more than $12 trillion last year on all kinds of stuff, including new cars, furniture, clothes, groceries, beauty products, electronics, visits to doctors and dentists, and tickets to sporting events and movies.

The Bureau of Economic Analysis produces a slew of data on what people buy and how much they spend.  It's a critical piece of economic information.  Consumer spending is a major shaper of the overall U.S. economy, accounting for more than two-thirds of GDP.  Beyond that, the statistics can help entrepreneurs and other business people make more informed decisions, offering insights into shoppers' buying behavior.

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