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Blog Entries from October 1, 2009

Secretary Locke Proposes Reforms to Export Controls System to Enhance National Security, Improve Competitiveness

Secretary Locke at lectern. Click for larger image.

U.S. Commerce Secretary Gary Locke proposed reforms to modernize America’s export controls system, which will enhance national security and increase the competitiveness of U.S. companies, in a speech at the Bureau of Industry and Security’s Update Conference on Export Controls. The United States export control system seeks to prevent sensitive items from falling into the hands of those who seek to do us harm. (More) (Remarks)

Statement from Under Secretary Blank on August 2009 Personal Income and Outlays

Portrait of Under Secretary Blank.

The U.S. Commerce Department’s Bureau of Economic Analysis released personal income and outlays for August 2009. Personal income rose 0.2 percent, real personal consumption expenditures jumped 0.9 percent, and real disposable personal income decreased 0.2 percent. “The recent growth in consumer spending along with the gains in housing activity, exports and industrial production suggest that the economy is beginning to expand after contracting in four consecutive quarters,” U.S. Commerce Under Secretary for Economic Affairs Rebecca Blank said. (More) (Release)