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Blog Category: Exports

New Commerce Report Shows Growing Exports Key to Job Creation

Image of Exports Report.

A U.S. Department of Commerce report released today confirms the importance of exports to the U.S. economy and the increasingly globalized marketplace. According to Exports Support American Jobs, in 2008, exports accounted for a record 12.7 percent of U.S. gross domestic product (GDP), and during a period of relatively flat job growth across the economy, supported a record number of jobs—more than 10 million. (More) (Report—PDF)

Secretary Locke Visits San Diego to Stress Importance of Exports in Competitiveness and Job Creation

Locke with Canadian Minister of Industry Tony Clement and Mexican Secretary of the Economy Gerardo Ruiz. Clicke for larger image.

U.S. Commerce Secretary Gary Locke visited Solar Turbines, one of California’s top exporters, for a tour of the company’s facility and a discussion with local small business owners on how the National Export Initiative will help small- and medium-sized businesses grow and create jobs in their community. Locke viewed the exporting process for industrial gas turbine engines from assembly through shipment to nearly 100 countries. Earlier in the day, he delivered the keynote address at the North American Competitiveness, Innovation & Clean Energy 2010 Conference Luncheon. He also met with Canadian Minister of Industry Tony Clement and Mexican Secretary of the Economy Gerardo Ruiz. (Solar Turbines remarks) (NAC remarks) (Release)

Secretary Locke Statement on February 2010 U.S. International Trade in Goods and Services

Department of Commerce seal

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the February 2010 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports in February 2010 increased by 0.2 percent to $143.2 billion from their January 2010 level. Imports in February increased 1.7 percent over January to $182.9 billion. (More) (Release) (Fact sheet)

Secretary Locke Visits Chicago, Outlines Plans to Create American Jobs Through Exporting

Secretary Locke with participants.

U.S. Commerce Secretary Gary Locke is at the University of Chicago for an export promotion forum with U.S. Sen. Dick Durbin to discuss President Obama’s National Export Initiative (NEI) and what it will do to help U.S. companies, especially small- and medium-sized businesses, sell more of their goods and services overseas. Also speaking at the forum are U.S. Trade Representative Ron Kirk, SBA Administrator Karen Mills, and Export-Import Bank Chairman Fred Hochberg. The NEI aims to double U.S. exports over the next five years while supporting two million American jobs. (Remarks)

Secretary Locke, Senator Brown Highlight Effort to Boost Exports and U.S. Jobs in Ohio

Secretary Locke at microphone. Click for larger image.

U. S. Commerce Secretary Gary Locke traveled to Dublin, Ohio to talk to Americans about the administration’s plan to increase the sales of exports and support the creation of high-paying jobs through President Obama’s recently announced National Export Initiative (NEI). Locke was joined by Senator Sherrod Brown. Officials from the State and Agriculture Departments, the Office of the U.S. Trade Representative, the Export-Import Bank, and the U.S. Trade and Development Agency, also met with business leaders across the country to discuss the steps the Administration is taking to help businesses sell more U.S.-made goods and services abroad. (Remarks) (Release) (Export Promotion Cabinet release)

Secretary Locke Convenes Trade Promotion Coordinating Committee Meeting

Locke at lectern with other participants in background.

In response to President Obama's recently-unveiled goal of doubling American exports over the next five years with the National Export Initiative (NEI), U.S. Secretary of Commerce Gary Locke hosted the second meeting of the Trade Promotion Coordinating Committee (TPCC) at the department. The TPCC, established in 1992, is an interagency group chaired by the Secretary of Commerce to establish trade promotion priorities that boost exports and create jobs. Later, he hosted a press conference with TPCC members, including Agriculture Secretary Vilsack, U.S. Trade Representative Ambassador Kirk, Small Business Administration Administrator Mills and others.

Secretary Locke: Commerce Helps Cities

Locke on podium. Click for larger image.

In remarks to the National League of Cities Congressional City Conference, U.S. Secretary of Commerce Gary Locke focused on the ways the Department of Commerce assists American cities, describing the core mission of the department as “making American businesses more innovative at home and more competitive abroad so they can create good jobs in communities throughout America.” Commerce is the lead agency for expanding high-speed Internet and broadband access, building critical economic infrastructure through regional innovation clusters, and increasing U.S. exports through the president’s National Export Initiative. (Remarks)

Secretary Locke Statement on January 2010 U.S. International Trade in Goods and Services

Department of Commerce seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the January 2010 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports in January 2010 decreased by 0.3 percent to $142.7 billion since December 2009. Imports in January decreased 1.7 percent over December to $180.0 billion. (More) (Fact sheet) (Release)

Secretary Locke Participates in White House Web Chat to Discuss National Export Initiative

Video clip of Web chat.

U.S. Commerce Secretary Gary Locke took questions from the public on exports, the economy and the President’s National Export Initiative online at Whitehouse.gov/live today. Questions came from the discussion itself, but members of the public were also encouraged to submit their questions ahead of time via Twitter by sending a message to @SecLocke or emailing open[at]doc[dot]gov. Locke also announced an unprecedented schedule of upcoming international trade missions. (Web chat) (Trade missions release) (List of trade missions—PDF) (NEI Executive order)

Commerce Deputy Secretary Hightower Promotes National Export Initiative at UCLA Business Forum

Hightower on podium. Click for larger image.

File photo

U.S. Deputy Secretary of Commerce Dennis F. Hightower discussed President Obama's National Export Initiative at UCLA's America's Business Forum, highlighting the Commerce Department's efforts to support job creation by helping U.S. companies to sell more of their products and services abroad. “All of us have to do more to ensure more American products are reaching new foreign markets.. . . . “At a time when traditional drivers of U.S. economic growth like consumer and business spending are strained, we simply must elevate exports as a key part of our economic recovery efforts,” Hightower said. (Remarks)