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|Weekly updates on what we’re doing to maximize the positive impacts of Commerce data on society.|
Raising children can be an expensive endeavor. A child recently born and raised to adulthood in the United States can cost almost $250,000, according to the Department of Agriculture’s Center for Nutrition Policy and Promotion.
U.S. Secretary of Commerce Penny Pritzker Highlights Importance of Minority-Owned Businesses to Regional Economic Growth and Restoration in the Gulf Coast
Last week, U.S. Secretary of Commerce Penny Pritzker and Minority Business Development Agency (MBDA) Director Alejandra Y. Castillo hosted a roundtable with local minority business leaders in New Orleans to discuss the tremendous growth of minority-owned businesses and their impact on the local and national economy. Last month, the Commerce Department shared the final results of the U.S. Census Bureau’s 2012 Survey of Business Owners (SBO), which found that our nation’s 8 million minority-owned firms are now the fastest-growing segment of our country’s business community, and contribute more than $ 1.4 trillion to our economy. In Louisiana, the 126,000 minority firms contribute more than $12 billion to the U.S. economy.
(by John H. Thompson, Director of the Census Bureau) Every month, the Census Bureau releases key indicators of America’s economy. These indicators are critical to the analysis of the nation’s current and future economic performance. Businesses in America, and around the world, rely heavily upon them to make decisions every day. Today, the Census Bureau announced a significant improvement in the way we release these indicators. We’ve reduced the lag between the indicators’ official release and when they are posted to the web to the smallest it’s ever been. As of today, every person in America will have access to the indicators in as little as one second after their release.
Commerce Department Announces BEA’s Move to “Data Campus” in Suitland, Maryland, Now Home to Census Bureau and NOAA Data Operations
The U.S. Department of Commerce’s Economics & Statistics Administration (ESA) announced today that the Bureau of Economic Analysis (BEA) will be moving to the Suitland Federal Center in Maryland in June 2016.
You’ve probably noticed it in your periphery – every few months on the news, on Facebook, or Twitter – warnings to update your computers or phones lest they be vulnerable to an attack or other bad outcome. It’s an accepted reality in most American’s lives that the tools that empower us may also leave us vulnerable to cyber threats. The impact of these vulnerabilities can range from minor inconveniences to large financial losses.
American Samoa’s economy grew 1.6 percent in 2014, the Bureau of Economic Analysis reported today. The estimate is for real GDP, which is adjusted to remove price changes. For comparison, real GDP for the United States (excluding U.S. territories) increased 2.4 percent in 2014.
NOAA’s Weather and Climate Operational Supercomputer System is now running at record speed, with the capacity to process and analyze earth observations at quadrillions of calculations per second to support weather, water and climate forecast models. This investment to advance the field of meteorology and improve global forecasts secures the U.S. reputation as a world leader in atmospheric and water prediction sciences and services.
U.S. Secretary of Commerce Penny Pritzker Delivers Remarks at the 96th Annual Meeting of the American Meteorological Association
On January 11, 2016, U.S. Secretary Commerce Penny Pritzker delivered remarks at the Presidential Town Hall Meeting of the 96th Annual Meeting of the American Meteorological Society (AMS). The AMS Annual Meeting brings together the leading members of nation’s weather, water, and climate communities to discuss timely issues facing those in the weather enterprise.