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Blog Entries from February 2012

President Obama Announces New Steps to Promote Manufacturing, Increase U.S. Exports

Jim Albaugh, President and CEO of Boeing Commercial Airplanes, President Obama with Jim McNerney, CEO and chair of the PEC (Photo: Boeing)

Last Friday, President Obama visited the Boeing assembly facility in Everett, Washington to announce new steps to promote American manufacturing and increase U.S. exports. Manufacturing represents nearly 60 percent of total U.S. exports, and Boeing, whose CEO Jim McNerney is Chair of the President's Export Council (PEC), is one of the country’s leading exporters of manufactured goods with more than $34 billion in total exports in 2011. The PEC is chartered  to advise the president on real ways to boost innovation, competitiveness, and trade for American businesses. Mr. McNerney brings great skill and know-how to the PEC.

The Obama administration has provided important support to Boeing’s export success, and the president has made unprecedented efforts to open up markets for American goods and to level the playing field for all American companies.  Over the past year, the president has signed into law a series of trade agreements that will provide a major boost to our exports by making it easier for American companies to sell their products in South Korea, Colombia, and Panama. In addition, record-setting efforts at the Export-Import Bank–through direct loans, credit guarantees, and credit insurance–have helped U.S. exports remain on target to meet the president’s goal to double exports between 2010 and 2015.

Spotlight On Commerce: Cedric Grant, Director of the Center for Faith-Based and Neighborhood Partnerships

Portrait of Cedric Grant

Ed. Note: This post is part of the Spotlight on Commerce series, which highlights members of the Department of Commerce who are contributing to the president's vision of an America Built to Last.

I have dedicated the majority of my professional career to guiding faith-based and non-profit organizations toward positive social and economic change. I attended Howard University (GO BISON!!), graduating with a Bachelor of Arts in Business Finance, and earned a Master of Divinity Degree from Princeton Theological Seminary. Additionally, I received a Master of Public Administration from the School of International & Public Affairs at Columbia University.

In June 2009, I was appointed by the White House as the Director of the Office of Faith-Based and Neighborhood Partnerships at the Department of Commerce. As a member of Secretary John Bryson’s senior advisory team, I seek to forge and enhance partnerships with secular and faith-based organizations, particularly in policy areas of census, economic development and minority business development.

At Commerce, we are working hard to create an America built to last. One of the ways my office approaches this goal is to strengthen and increase capacity of the non-profit organizations by encouraging cross-sector partnerships to stimulate local economies, create jobs and attract private investments in communities with high unemployment and low per capita income. In 2010, non-profits alone accounted for $779 billion of our country’s gross domestic product (5.4 percent). As we work to improve our economy, it’s important to know that non-profits employ and create jobs locally; in 2009, nine percent of the economy’s wages, and over 10 percent of jobs in 2009.

Calling All App Developers: Commerce Launches $10,000 App Challenge to Better Connect Businesses with Government

Challenge.gov Logo

Today, in conjunction with the newly-launched BusinessUSA initiative, the Department of Commerce announced the launch of their business app challenge.  The $10,000 contest challenges app developers to find innovative ways to utilize Commerce and other publicly available data and information to support American businesses. The business app challenge calls on developers to utilize at least one Department of Commerce data set in creating an application that assists businesses and/or improves the service delivery of Business.USA.gov to the business community.  Developers may choose the platform that best suits them. Applicants may design for the web, personal computer, mobile handheld device, or any platform broadly accessible to the open Internet. A list of developer-friendly data sets can be found on the Business Data and Tools page of Data.gov.

A panel of high-profile judges will evaluate and vote on the entries.  The panel includes:

Acting Deputy Secretary Rebecca Blank Visits the Port of Savannah

Senator Johnny Isakson, GPA Board Chairman Alec Poitevint, Acting Deputy Secretary Blank, Senator Saxby Chambliss

Acting Deputy U.S. Commerce Secretary Rebecca Blank visited Savannah, Ga. yesterday, where she received a briefing on the Savannah Harbor Expansion Project (SHEP) and toured the Port of Savannah with U.S. Senators Saxby Chambliss and Johnny Isakson and representatives from the Georgia Ports Authority. Following the tour, Blank delivered remarks on the importance of projects like SHEP, an efficient, high-tech export engine that will help U.S. businesses compete globally, as part of President Obama’s National Export Initiative (NEI).

Expanding America’s ports means expanding America’s exports. And more exports mean more jobs. Exports already support nearly 10 million U.S. jobs, including one in three manufacturing jobs, and positions supported by exports pay about 15 percent more on average.

The president launched the NEI in 2009 with the goal of doubling exports by the end of 2014, supporting several million jobs. U.S. exports increased 14.5 percent in 2011 to a record $2.1 trillion. That’s the second year of double-digit growth, ahead of schedule to achieve the goal of NEI.

Secretary Bryson Advocates Build It Here, Sell It Everywhere at State Department Global Business Conference

Bryson flanked by flags at the State Department

Earlier today, Secretary Bryson spoke to the first-ever State Department Global Business Conference during an afternoon plenary session entitled, “What the Government Can Do for Business.” He discussed his top priorities as Commerce Secretary: supporting advanced manufacturing, increasing U.S. exports, and attracting more investment to the U.S. Bryson highlighted efforts at making the Commerce Department an effective partner and resource for American businesses.

Secretary Bryson focused on the Administration's jobs effort, saying "In October of last year, I was confirmed as Secretary. Around that same time, Secretary Clinton sent a cable to her staff in U.S. embassies.  It said that strengthening our economic leadership abroad and driving growth here at home – “economic statecraft” – is now a key part of what the State Department does. I was pleased to hear this because economic statecraft aligns perfectly with the top priorities I have for the Commerce Department: supporting advanced manufacturing, increasing U.S. exports, and attracting more investment to the U.S. – all to create jobs."

Secretary of State Hillary Clinton amplified that message earlier at the luncheon session, saying "I have made 'Jobs Diplomacy' a priority mission at the State Department, with a clear goal: Just as our companies are ready to out-work, out-innovate, and out-compete their rivals, so we intend to be the most effective diplomatic champions for prosperity and growth."

NIST Establishes National Cybersecurity Center of Excellence

NIST Establishes National Cybersecurity Center of Excellence

According to a recent industry study, cyber crimes cost the global economy $388 billion annually in both direct financial losses and the value of lost time dealing with the effects of cyber crime. The study found that about 431 million adults are victims of cyber crime each year.

Another recent study found that annual cyber crime costs for larger U.S. companies averaged about $5.9 million each with a 44 percent increase in the number of successful cyber attacks compared to the previous year.

To help organizations better protect themselves from such threats, the Commerce Department’s National Institute of Standards and Technology (NIST) today announced a new partnership to establish the National Cybersecurity Center of Excellence.  The Center will operate as a public-private collaboration for accelerating the widespread adoption of integrated cybersecurity tools and technologies. The State of Maryland and Montgomery County, Md., are co-sponsoring the Center with NIST, which will work to strengthen U.S. economic growth by supporting automated and trustworthy e-government and e-commerce.

U.S. Senator for Maryland Barbara Mikulski, Maryland Lt. Governor Anthony Brown and Montgomery County Executive Isiah Leggett were at NIST in Gaithersburg, Md., today to announce the partnership with Under Secretary of Commerce for Standards and Technology and NIST Director Patrick Gallagher.

Secretary Bryson Highlights Balanced Trade Growth, Promotes Exports at U.S.-China Trade Forum in Los Angeles

Secretary Bryson greets Chinese Vice President Xi Jinping prior to the U.S.-China Business Cooperation Forum.

Commerce Secretary John Bryson spoke today at the U.S.-China Economic and Trade Cooperation Forum in Los Angeles, highlighting ways the U.S. and China can cooperate to establish a level playing field, generate economic growth and create good jobs. In his remarks, he addressed the need to achieve balanced trade growth and increase U.S. exports to China.

Bryson also highlighted the progress of President Obama’s SelectUSA initiative, led by the Commerce Department, which is designed to help businesses from around the world, including China, make direct investments in the U.S. and create jobs for American workers.

Los Angeles Mayor Antonio Villaraigosa, California Governor Jerry Brown, and Under Secretary of Commerce for International Trade Francisco Sánchez also spoke. Vice President Xi Jinping of the People’s Republic of China was the keynote for the event.

The forum was part of Vice President Xi’s week-long visit to the U.S., the second of the planned reciprocal visits between the Vice Presidents announced by President Obama and Chinese President Hu Jintao during the latter’s state visit to Washington last year.

Also today, President Obama announced new steps aimed at promoting American manufacturing and increasing U.S. exports to help U.S. companies build things here and sell them everywhere.  

In case you missed it, you can read an op-ed published today by Secretary Bryson highlighting the fact that American manufacturing and exporting are showing signs of growth, and how the president and the Commerce Department are helping to build on this progress and create an economy that's built to last.

Commerce's EDA Promotes American Manufacturing

EDA logo

Manufacturing represents nearly 60% of total U.S. exports and will play a vital role in America’s economic recovery.

During his State of the Union address, President Obama laid out a blueprint for an "America Built to Last." That starts with American manufacturing. And in his FY2013 budget request, the president outlined strong support for manufacturers by increasing investments in advanced manufacturing, new trade promotion efforts, and innovation.

Today, the president toured the Boeing assembly facility in Everett, Washington, to announce new steps aimed at promoting American manufacturing and increasing U.S. exports. This visit comes on the heels of his trip to Milwaukee, Wisc., where he toured Master Lock, a company that is insourcing and selling their products all over the world.

Federal agencies are making significant investments in innovation and American manufacturing. During the past two years, we have begun to see positive signs in American manufacturing, with the manufacturing sector adding more than 400,000 jobs-the first period of sustained job growth in manufacturing since the 1990s.

BusinessUSA Launches Offering Businesses One Location to Find Key Federal Information and Data

BusinessUSA

Over the past three years, business owners and entrepreneurs have told us that they don’t have the time or resources to navigate the maze of government agencies and need a one stop shop where they could go for all the assistance they need at every stage of their development.  As President Obama said in his State of the Union address last month, we need to give U.S. businesses every opportunity and tool to succeed and not a maze to navigate.  And as Secretary Bryson has said multiple times while traveling to manufacturers in Columbus, Norfolk, Pittsburgh, and Minneapolis, we need to support American businesses so they can build their products here in America and sell them everywhere around the world.

This is why the Obama Administration is launching a new online platform, BusinessUSA, to help small businesses and exporters of all sizes find information about available federal programs without having to waste time and resources navigating the federal bureaucracy. BusinessUSA combines information and services from 10 different government agencies through one consolidated website and coordinate telephone support through a single 1-800 number. The BusinessUSA website went live today with hundreds of business resources consolidated in one place including Commerce’s International Trade Agency, Census Bureau, Patent and Trademark Office, several other Commerce bureaus, as well as, multiple other government agencies.

BusinessUSA is a platform to make it easier than ever for businesses to access services to help them grow and hire from the day they need technical assistance to start a business, to the day they start building a product and need financing, to the day they are ready to export and need help breaking into new markets overseas.

It’s a “No Wrong Door” approach for small businesses and exporters, creating a common platform to match businesses with the services relevant to them, regardless of where the information is located or which agency’s website, call center, or office they go to for help.  And as more federal agencies publish content through web services, the more we will be able to highlight the most relevant information and programs from across the government. 

Commerce and FedEx Team Up to Provide Opportunities for Exporters

U.S. Exports of Goods and Services: Percent Change from Prior Year

In his 2010 State of the Union address, President Obama set a goal of doubling exports by the end of 2014 – an increase that will support two million additional jobs here at home. In a time when millions of Americans are out of work, boosting U.S. exports is a short-term imperative because exports support millions of good, high-paying American jobs. And for companies looking to expand, looking beyond our borders only makes sense because 95% of the world’s customers are outside our borders.

Since the President announced his goal, exports are up 33.5% and slightly ahead of the pace needed to achieve the National Export Initiative goal of doubling exports by 2014. Yet, even with that success, only 1% of businesses export and of those that do, 58% export to only one market. That is why the Department of Commerce’s U.S. Commercial Service has joined forces with several private sector vendors in the New Market Exporter Initiative.  This program provides companies with expert analysis of target countries, matchmaking services with vendors or distributors and help with logistics and shipping.

Those strategic plans are paying off. Today we begin a series highlighting private sector vendors and the manufacturers they are helping export to new markets.

FedEx works closely with the Commerce Department to support the National Export Initiative by reaching out to its customers, especially those in the manufacturing sector, who are best positioned to export.  Through its expansive outreach network, FedEx has seen firsthand how looking beyond our borders can breathe new life and new jobs into a business.  They know that exporting is no longer just a competitive advantage, but a means to survive this changing environment.