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Blog Entries from September 2009

Statement from Chief Economist Doms on Third Estimate of GDP

Portrait of Mark Dom.

The U.S. Commerce Department’s Bureau of Economic Analysis today released the third estimate of real gross domestic product (GDP) for the second quarter of 2009. The drop in real GDP was revised modestly to 0.7 percent at an annual rate from the second estimate of 1.0 percent. Most analysts had expected a decrease of 1.2 percent. The modest revision primarily reflected an upward revision to non-residential fixed investment. “Today's revision of real GDP in the second quarter indicates that the economy has begun to stabilize,” Mark Doms, chief economist at the U.S. Commerce Department, said. (More) (Release)

Secretary Locke, Mayor Franklin Announce 2010 ACF to be Held in Atlanta

Americas Competitiveness Forum 2009 logo. Click to visit ACF Web site.

At the closing of the 2009 Americas Competitiveness Forum (ACF) in Chile, U.S. Commerce Secretary Gary Locke and Atlanta Mayor Shirley Franklin announced that the United States will host the next ACF in Atlanta in the fall of 2010. “I look forward to working with the city of Atlanta, the state of Georgia, the local business community and other stakeholders to convene the 2010 ACF in the Peach State,” Locke said. “The ACF is a unique opportunity for the Americas to work together on issues critical to the economic prosperity of the region.” (More) (ACF 2009 Web site)

States and U.S. Territories Receive $40 Million in Grants to Improve 911 Services

NTIA logo.

The Department of Transportation’s National Highway Traffic Safety Administration and Commerce’s National Telecommunications and Information Administration (NTIA) announced more than $40 million in grants to30 states and U.S. territories to help 911 call centers across the country improve the ability to locate people calling from wireless and Internet-connected telephones. “A majority of emergency 9-1-1 calls are now coming from wireless and Internet-connected telephones,” said Commerce Secretary Gary Locke. “These grants will help first responders locate where these calls are made and to ensure that help arrives quickly.” (More)

Locke Urges Western Hemisphere to 'Resist the Protectionist Temptation' at ACF in Santiago

Secretary Locke with ACF logo behind him. Click for larger image.

As economies around the world continue to deal with the effects of the global economic slowdown, U.S. Commerce Secretary Gary Locke urged countries of the Western Hemisphere to resist temptations to turn inward and erect trade barriers during a keynote address at the third Americas Competitiveness Forum (ACF) in Santiago, Chile. “The United States is committed to resisting the protectionist temptation because protectionism simply does not work,” said Locke. “I came to Chile this week to affirm that the Obama administration will be your strongest ally in your efforts to revive economic growth in the Americas.” (More) (Remarks) (Release)

Secretary Locke Conducts Swearing In Ceremony for Deputy Secretary Dennis F. Hightower

Locke shakes hands with Hightoweras Dori Bye Hightower looks on. Click for larger image that includes more family members.

Secretary Gary Locke conducted the ceremonial swearing in ceremony for U.S. Commerce Deputy Secretary Dennis F. Hightower. Hightower will lead the charge to improve the Department’s efficiency, effectiveness and performance management. As deputy secretary, he will play a key role in ensuring that the United States continues to advance its direction as a global leader in innovation, growth and job creation. Hightower is a decorated Vietnam War veteran, a graduate of Howard University and Harvard Business School, and has established an accomplished business-centric career in the private sector for more than 20 years. (Secretary’s remarks) (Deputy Secretary’s remarks)

Commerce Secretary Gary Locke Launches Twitter Account

Twitter logo.

Image Credit: Twitter

U.S. Commerce Secretary Gary Locke has launched a Twitter account in an effort to connect with Americans from all walks of life, especially U.S. businesses and entrepreneurs that use the microblogging service. “Really excited to start tweeting! Innovation is the growth engine of the American economy & this is a great place to talk about that,” Locke's first tweet, from the Inc. 500/5000 conference, read. At the conference, attended yesterday by representatives of successful start-up businesses, Locke also announced the Commerce Department's new Office of Innovation and Entrepreneurship. To follow Locke, visit http://www.twitter.com/seclocke. (More)

Commerce Department Invests $6 Million in Recovery Act Funding to Spur Innovation, Create Jobs in Bethlehem, Pa.

Secretary responds to questions from the media. Click for larger image.

Photo © Kenny Ek

U.S. Commerce Secretary Gary Locke and White House Chief Technology Officer Aneesh Chopra will visit Ben Franklin Technology Partners of Northeastern Pennsylvania at Lehigh University today to discuss job creation, the American Recovery and Reinvestment Act (ARRA) and the administration’s strategy to spur American innovation. Locke and Chopra also announced a significant new Recovery Act grant for Ben Franklin Technology Partners to expand Ben Franklin TechVentures, its incubator/post-incubator facility. (More) (Remarks)

Locke to Lead U.S. Delegation to Chile for the Americas Competitiveness Forum

ACF logo. Click to visit ACF Web site)

U.S.Commerce Secretary Gary Locke will travel to Santiago, Chile, September 27-29, to participate in the third Americas Competitiveness Forum (ACF). The ACF brings together representatives from the public and private sectors to discuss ways to spark innovation, create jobs and expand trade among the countries of the Western Hemisphere. The U.S. Department of Commerce hosted the first two ACFs in Atlanta in 2007 and 2008. Secretary Locke will be joined by the Presidents of Chile and Guatemala, as well as ministers of trade and economy from throughout the region and senior representatives from business and academia. (More) (ACF Web site)

Secretary Locke Announces New Commerce Initiatives to Foster Innovation and Entrepreneurship

Department of Commerce seal.

U.S. Commerce Secretary Gary Locke announced his plans to create a new Office of Innovation and Entrepreneurship within the Department of Commerce and launch a National Advisory Council on Innovation and Entrepreneurship. Both substantial new initiatives will help leverage the entire federal government on behalf of promoting entrepreneurship in America. The new office is expected to announce additional initiatives in the coming months. (More)

Secretary Locke Stresses Importance of Comprehensive Energy Plan for American Business

Image of Locke on podium with large-screen image to the left. Click for larger image.

U.S. Commerce Secretary Gary Locke spoke at the National Energy Summit & International Dialogue to address the sustainable energy industry and convey the importance of the industry to the creation of new, good-paying jobs. Locke stressed that a comprehensive energy plan is central for American innovation and manufacturing, offering an opportunity for American business. The National Energy Summit, put on by the Council on Competitiveness, is a coalition of sectors with more than 350 leaders, including CEOs, university presidents, labor leaders and other luminaries from across the U.S. and around the world.