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Blog Category: Economics and Statistics Administration

What Others Are Saying About the COMPETES report

On Friday, the Commerce Department unveiled the COMPETES Report: A Roadmap for Strengthening U.S. Competitiveness. The report makes three important findings:

  • Federal investments in research, education and infrastructure were critical building blocks for American economic competitiveness, business expansion and job creation in the last century;
  • Failures to properly invest in, and have comprehensive strategies for, those areas have eroded America’s competitive position; and,
  • In a constrained budgetary environment, prioritizing support for these pillars are imperative for America’s economic future and provide a strong return on investment for the U.S. taxpayer.

The Business Roundtable and the U.S. Chamber of Commerce wrote about the report and CNN asked a Commerce Innovation Advisory Board member about it (below).

Additionally, members of the Innovation Advisory Board recorded their own videos highlighting parts of the report they felt were most important.

Commerce Department Releases COMPETES Report: A Roadmap for Strengthening U.S. Competitiveness

Secretary Bryson Releases the America COMPETES report on American competitiveness

The U.S Department of Commerce today delivered to Congress a comprehensive report on “The Competitiveness and Innovative Capacity of the United States.”  The report serves as a call to arms, highlighting bipartisan priorities to sustain and promote American innovation and economic competitiveness. 

At 10am ET, watch Secretary Bryson present the report and then a distinguished panel discuss the findings. [The event has now concluded]

The report makes three important findings:

  • Federal investments in research, education and infrastructure were critical building blocks for American economic competitiveness, business expansion and job creation in the last century;
  • Failures to properly invest in, and have comprehensive strategies for, those areas have eroded America’s competitive position; and,
  • In a constrained budgetary environment, prioritizing support for these pillars are imperative for America’s economic future and provide a strong return on investment for the U.S. taxpayer.

The report was mandated as part of the America COMPETES Reauthorization Act of 2010, which was signed into law by President Obama in January last year. The report addresses a diverse range of topics and policy options, including: tax policy; the general business climate in the U.S.; barriers to setting up new firms; trade policy, including export promotion; the effectiveness of Federal Research and Development policy; intellectual property regimes in the U.S. and abroad; the health of the manufacturing sector; and science and technology education.

The full report, as well as additional resources, can be found online at www.commerce.gov/competes

Some key findings of the report include:

A Timeline of Out Compete-ing

Infographic: Setting the Stage

The 20th century was a period of extraordinary performance in the United States. Americans were living longer and more fruitful lives.  They were better-educated than past generations and residents of other countries. The United States was out-innovating, out-educating, out-connecting, and out-producing the rest of the world, assisted by ground-breaking research and federal funding. Life expectancy was higher than it had ever been, more than 70 percent of teenagers were enrolled in secondary education, and in 1986 the United States comprised 25.2 percent of the world’s economy. The technical advances of the period impacted all aspects of daily life – the construction of the Interstate Highway System physically connected the country in a way never before possible, while the personal computer connected people and industry in ways previously unimagined. In the 1960s, the investments in science paid off: the United States was transformed into the world leader of the space race and the information technology industry.

50 years later, these innovations are still major parts of American lives. The 21st Century has seen huge surges in information infrastructure. As the capacity and usage of the Internet began to grow in the 1990s, the need for better interfaces for sifting through all the information led to early search engines like Yahoo! and later Google, Inc. -- both supported by National Science Foundation (NSF) grants. From there, Internet use, and later high-speed broadband Internet use surged. According to the U.S. Census Bureau’s Current Population Survey, broadband Internet use by households grew from just four percent in 2000 to 68 percent in 2010.

The turn of the century also witnessed incredible advances in medicine and science. In 2003, the Human Genome Project consortium released the sequence of the human genome, and the knowledge this consortium provides will revolutionize diagnoses, treatment, and hopefully even prevention in the of number of diseases. Just a few years later, in 2006, a vaccine was approved to prevent cervical cancer, a disease that claims the lives of nearly 4,000 women each year in the United States.

From 1963 to 2008, real income per person increased in every state, with 34 states (plus the District of Columbia) seeing growth of more than 150 percent. Productivity in America is also at an all-time high. If the United States is to continue to “out compete,” it is imperative that the funding of innovative research and development continue as well. To extend this timeline of historical exceptionalism, our current workforce, as well as future generations, needs the support and funding of public institutions and the federal government.

Commerce Department Agencies Unveil New Website Home Pages

Two agencies of the Department of Commerce unveiled new home pages for their websites in December—the result of efforts to make news and data more readily available and easily accessible to users. The agencies studied user feedback and website best practices to create a more visual and less confusing approach to the mission of informing the public. Both feature links to agency blogs written by their leadership and guest authors and links to economic indicators and career and business opportunities.

On December 20, the U.S. Patent and Trademark Office (USPTO) announced the launch of the newest version of its website at www.uspto.gov, while at the same time making its retired home page available to users in the transition to its new iteration. In announcing the change, USPTO said it is “just the first of several new changes . . . in the coming months that will help modernize our services for online visitors.” The USPTO is encouraging both positive and negative comments and suggestions that may help the agency with future design enhancements through newhomepage[at]uspto[dot]gov.

On the same day, Commerce’s U.S. Census Bureau unveiled its overhauled website with features designed to improve navigation and ease of use, and to make statistics more discoverable, with an interactive map showing business and demographic information for the U.S., as well as states and counties. Like USPTO, this is the start of a series of anticipated ongoing improvements to the Census Bureau website. | census.gov home page

Census Bureau Projects U.S. Population of 312.8 Million on New Year's Day 2012

Map of U.S. with "312,780,968" superimposed

As our nation prepares to ring in the new year, the Department of Commerce's U.S. Census Bureau projects the January 1, 2012, total United States population will be 312,780,968. This would represent an increase of 2,250,129, or 0.7 percent, from New Year's Day 2011, and an increase of 4,035,430, or 1.3 percent, since Census Day (April 1, 2010). The Bureau continues to analyze and disseminate the data gathered from the 2010 Census.

In January 2012, one birth is expected to occur every eight seconds in the United States and one death every 12 seconds.

Meanwhile, net international migration is expected to add one person to the U.S. population every 46 seconds in January 2012. The combination of births, deaths and net international migration results in an increase in the total U.S. population of one person every 17 seconds.  More Holiday Facts for Features

The U.S. Department of Commerce wishes you a Happy 2012!

The 2010 Holiday Season Facts and Features from the U.S. Census Bureau

Image of the Commerce headquarters with red bows

The holiday season is a time for gathering to celebrate with friends and family, to reflect and to give thanks. At this time of year, the Department of Commerce’s U.S. Census Bureau presents holiday-related facts and statistics from its data collections, including details about mail, retail sales, toys, trees and decorations and much more. The nation's projected population as we ring in the New Year is estimated to be more than 312 million.  Happy holidays from the U.S. Department of Commerce! 

Holiday facts and features

U.S. Census Bureau: 2011 A Year of Successes and Anticipating 2012

In 2011, the Commerce Department's U.S. Census Bureau continued to provide quality statistics to governments and businesses to inform the decisions that affect everyone’s lives. These statistics touch every aspect of Americans’ lives–health, crime, income, education, labor force participation, housing conditions, consumer expenditures and a host of others.

While we have plenty to be proud of, here we highlight some of this year’s big successes.

Innovating Efficiencies:

The Census Bureau is building on the $1.9 billion in savings from the 2010 Census last year by looking for ways to innovate, become more efficient and to save money. The Improving Operational Efficiencies program has generated thousands of ideas from staff, including saving $24 million over a five-year period alone by consolidating IT storage and establishing an enterprise storage area network. We've also worked to streamline our regional office structure. By realigning the field infrastructure, the Census Bureau is saving taxpayer money and keeping pace with current developments in survey work worldwide. The restructuring is projected to result in $15 to $18 million in annual savings to the Federal government commencing in FY 2014. The Census Bureau is striving to be a responsible steward of taxpayer money and, like many in the current economic climate, is committed to the basic premise of doing more with less.

Delivering 2010 Census Products and ACS Data:

The Census Bureau has delivered its many 2010 Census and American Community Survey data products on time and on budget, including the statistics used by states in their redistricting and providing valuable local insights that paint a portrait of America. The ACS provides the most timely estimates available for thousands of small places and population groups on key social and economic attributes. For many of these places and groups, these are the only detailed socioeconomic characteristics available. In the Fall of 2011 the Census Bureau produced detailed statistics for over 700,000 distinct geographic areas, permitting local governments and businesses to make the case to new employers about the value of building new job producing activities in their locales.
 
Feeding the Nation's Appetite for Data:

Here at the Census Bureau, we know that our users want more statistical information; they want it in a more timely fashion; they want it on smaller geographic areas and subpopulations. So we're supplementing our talent in small area estimation, hopefully increasing the breadth of our estimates in many programs. We're redesigning the way that users can access our statistical information on the Web. We want everybody to be able to access our estimates on the Web using any device they happen to use. We are building new statistical products by combining multiple data sets behind our firewalls. We are investing in visualization tools to widen the audience of our statistical information. We will extract more information from the same data sources by increasing our analysis of the data we collect.

This coming year we will see more with our Web transformation and with new tools like the economic indicator dashboard and the county business and demographics map. We will also be gearing up for the Economic Census, and working hard to increase access to our data and participation in our surveys so we can continue to provide quality statistics about the nation's people, places and economy.

Census Report Reveals Shifts in State Populations, Texas Gains Most

Alternate TextMap of U.S. showing population shifts

First population estimates since 2010 show slowest national growth since the 1940s

A new report from the Commerce Department's U.S. Census Bureau reveals that the United States population grew to 311.6 million between April 1, 2010 and July 1, 2011, an increase of 2.8 million. This marks the lowest overall growth rate for the U.S. since before the baby boom, according to Census Bureau Director Robert Groves. “Our nation is constantly changing and these estimates provide us with our first measure of how much each state has grown or declined in total population since Census Day 2010.”

The report shows that Texas gained more people than any other state during the Census period (529,000). Other fast-growing states included California (438,000), Florida (256,000), Georgia (128,000) and North Carolina (121,000). Combined, these five states accounted for slightly more than half the nation’s total population growth. California remained the most populous state, followed by Texas, New York, Florida and Illinois. While the District of Columbia experienced the fastest growth, with a population climbing by 2.7 percent, Rhode Island, Michigan and Maine each saw a decrease in total population. The Census Bureau will release 2011 estimates of the total population of counties and incorporated places beginning in 2012.  Census release  |  Comunicado de prensa en español

Commerce's BEA Keeps its Finger on the Economy's Pulse

BEA logo

Throughout 2011, Commerce's Bureau of Economic Analysis, the agency charged with keeping a finger on the economy’s pulse, has been hard at work measuring an ever-changing economy. During the year the Bureau instituted new methodologies, new techniques, released new Web-based analytical tools, and made continual improvements to the national accounts to keep pace with the changing economy.  2011 proved to be a stronger year for the economy, for the performance of U.S. companies and the spending behavior of American consumers. Fortunately, there have been some improvements on all three fronts over the last year.  

BEA’s Four Big Numbers to highlight in 2011 are:

  • $15,180,900,000,000 (That’s $15 trillion). That’s the total size of the U.S. economy as of the 3rd quarter of 2011 on an annualized basis.
  • $1,977,400,000,000 (That’s $1.9 trillion).  That’s the value of corporate profits as of the 3rd quarter of 2011. Profits of corporations in the United States climbed to the highest level on record stretching back to 1947. 
  • 2.3 percent.  That’s the real growth rate of consumer spending in the 3rd quarter of 2011. Consumer spending, the goods and services which we all buy on a daily basis, accounts for roughly 70 percent of all economic activity in the United States. The growth rate is the fastest seen so far this year. Consumer spending on services–like haircuts, sports tickets and going out to bars and restaurants–grew by nearly 3 percent, the strongest pace since 2006. 
  • 15.6 percent growth in business investment in equipment and software. This rate of investment is at its strongest pace in a year, and this is crucial as these investments are critical in supporting economic recovery and driving growth.

Thanksgiving Day: November 24, 2011

Image of colorful Fall fruits and vegetables (Photo: Westmont.IL.gov)

In the fall of 1621, the Pilgrims, early settlers of Plymouth Colony, held a three-day feast to celebrate a bountiful harvest, an event many regard as the nation's first Thanksgiving. Historians have also recorded ceremonies of thanks among other groups of European settlers in North America, including British colonists in Virginia in 1619. The legacy of thanks and the feast have survived the centuries, as the event became a national holiday in 1863 when President Abraham Lincoln proclaimed the last Thursday of November as a national day of thanksgiving. Later, President Franklin Roosevelt clarified that Thanksgiving should always be celebrated on the fourth Thursday of the month to encourage earlier holiday shopping, never on the occasional fifth Thursday. 

  • 248 million:  The number of turkeys expected to be raised in the United States in 2011. That's up 2 percent from the number raised during 2010. The turkeys produced in 2010 together weighed 7.11 billion pounds and were valued at $4.37 billion.
  • 1.1 billion pounds:  Total production of pumpkins in the major pumpkin-producing states in 2010. Illinois led the country by producing 427 million pounds of the vined orange gourd. Pumpkin patches in California, New York and Ohio also provided lots of pumpkins: Each state produced at least 100 million pounds. The value of all pumpkins produced by major pumpkin-producing states was $117 million.
  • 13.3 pounds:  The quantity of turkey consumed by the typical American in 2009, with no doubt a hearty helping devoured at Thanksgiving time. Per capita sweet potato consumption was 5.3 pounds.
  • 37:  Number of places and townships in the United States named Plymouth, as in Plymouth Rock, the landing site of the first Pilgrims.

Facts, features and more for Thanksgiving Day