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Blog Category: International Trade Administration

Secretary Locke Delivers Keynote Address on the Economy at 128th Meeting of Greater Seattle Chamber of Commerce

Alternate TextU.S. Commerce Secretary Gary Locke was in Seattle today speaking with small- and medium-sized businesses about exports and the economy. Afterwards he delivered the keynote address at the annual meeting of the Greater Seattle Chamber of Commerce.

Secretary Locke discussed the progress made and the next steps for President Obama's National Export Initiative (NEI). He also addressed how it is helping to lay the groundwork for sustainable economic growth in Washington state, the nation's most trade-dependent state, and across the country. His remarks today are only one day after he and his colleagues on the Export Promotion Cabinet delivered a detailed report to the president laying out recommendations for how to double U.S. exports.

“Yesterday, at the president’s newly-constituted Export Council – chaired by Jim McNerny, CEO of Boeing – we announced that our renewed focus on trade promotion has contributed to an 18 percent increase in U.S. exports so far in 2010 over the same period last year.

  • U.S. exports of manufactured goods so far in 2010 have risen by 22 percent. U.S. agricultural exports this year are projected to be the second-highest amount ever, with a trade surplus of $30 billion.

These increases are having an impact on the economy: Exports contributed to GDP growth for just as much as domestic consumption in each of the four quarters of recovery."

Exports growth is also impacting employment. Since January, Commerce’s Advocacy Center, in close coordination with the State Department and other agencies, has helped U.S. companies successfully compete for contracts with foreign governments supporting an estimated $11.8 billion in U.S. content. These deals alone support an estimated 70,000 jobs. “

Learn more about the National Export Initiative and read Secretary Locke’s complete remarks.  |  Press release  |  NEI website

White House Releases Report on National Export Initiative

President with members of PECToday the White House released a report to the president on the National Export Initiative (NEI). It detailed the way the Export Promotion Cabinet plans to meet the president’s goal of doubling U.S. exports in five years to support millions of new jobs.

Since the president announced the NEI, the Department of Commerce’s Advocacy Center has assisted American companies competing for export opportunities, supporting $11.8 billion in U.S. exports and an estimated 70,000 jobs. To date, the Commerce Department has coordinated 20 trade missions with over 250 U.S. companies to 25 countries.

Expanding into new markets is key for America’s growth as Commerce Secretary Gary Locke said today, “As American consumers spend a little less and save a little more, it has never been more important to connect U.S. businesses to the 95 percent of the world's consumers who live outside our borders. Helping American companies sell more abroad will create jobs and boost our economy. This report is a blueprint for doing just that.” 

For more information, read the complete NEI report, the executive summary and the press release.  See  the International Trade Administration's NEI website.  |  NEI meeting video

Secretary Locke Speaks at the Virginia Summit on Export Opportunities

U.S. Commerce Secretary Gary Locke - joined by Senator Mark Warner and Export-Import Bank President Fred P. Hochberg - today delivered the keynote address at the Virginia Summit on Export Opportunities in Richmond. Locke highlighted President Obama's National Export Initiative (NEI) and gave an update on the NEI, and its goal of doubling exports and supporting several million jobs over the next five years.

The Summit focused on ways in which the federal government can coordinate with local government and private-sector partners to promote trade and export opportunities in Virginia. In 2009, Virginia companies exported more than $15 billion of merchandise overseas, up from $2.8 billion in 2005. 18.1 percent of manufacturing jobs in Virginia depend on exports.

President Obama announced the NEI during his State of the Union earlier this year. The NEI will provide more funding, more focus and more cabinet-level coordination to grow U.S. exports, and represents the first time the United States will have a government-wide export-promotion strategy with focused attention from the president and his cabinet. NEI site: http://export.gov

Exports remain an integral part of the U.S. economy. In 2008, American exports accounted for nearly 7 percent of our total employment and one in three manufacturing jobs. In the first four months of 2010, exports grew almost 17 percent compared to the same period last year.  Remarks

Secretary Locke Announces Board of Directors for New Corporation for Travel Promotion

U.S. Commerce Secretary Gary Locke today appointed 11 travel and tourism industry leaders to serve on the Corporation for Travel Promotion (CTP) Board of Directors. The CTP is a new non-profit corporation that will promote travel to the United States and communicate and improve the entry process so that visitors want to return.

The Corporation will help enhance the competitiveness of an already robust industry, which supports more than 8 million American jobs and is a critical source of export strength. Many other nations operate ministries of tourism that actively market their countries as tourist destinations around the world. The Corporation will help get America into the game and encourage people across the globe to travel to the U.S.  

“We are extremely pleased to join with this diverse group of talented travel and tourism industry leaders as we work together to strengthen this important sector of the U.S. economy,” Locke said. “President Obama recognizes the critical role that attracting international visitors to the United States plays in creating jobs and growing our economy.”

The CTP and its efforts to promote America as a travel destination will be funded by private donations and matching funds from a new fee collected from foreign travelers to the U.S.

The CTP Board of Directors represents various regions of the United States and each member has expertise and experience in specific sectors of the travel and tourism industry.  See the full release

Secretary Locke Discusses Export Control Reform at 23rd Annual Bureau of Industry and Security Update Conference

Locke on podiumSecretary Gary Locke addressed the annual conference to discuss reforms to the U.S. export control system that will strengthen national security and improve the competitiveness of key U.S. manufacturing and technology sectors. In addition, President Barack Obama delivered a recorded statement about the administration’s efforts to reform the export control system.  Remarks  |  BIS 2010 Update website

MBDA Unveils First U.S. Global Construction Program for Minority-Owned Firms

Secretary Locke with participants at National Press ClubProgram to provide minority-owned firms with education, mentoring and ability to compete for $1 billion in global construction procurement opportunities

U.S. Commerce Deputy Secretary Dennis Hightower, Commerce's Minority Business Development Agency (MBDA), the International Trade Administration (ITA), the Tutor Perini Corporation, and the University of Southern California’s School of Policy, Planning and Development today announced the nation’s first program created to globalize the U.S. minority-owned construction industry by providing education, mentoring and procurement opportunities to minority-owned firms. Firms that complete the program will have the opportunity to compete for a minimum of $1 billion in Tutor Perini contracts, primarily international contracts, over a four-year period.

“This program could not be more relevant in today’s economy, where global competition is tougher than ever before,” said Hightower. “President Obama has set a goal of doubling exports over the next five years though his National Export Initiative and we need every stakeholder in America actively engaged in re-building our economy to create new jobs.”

An unprecedented public-private program spearheaded by MBDA, the Global Construction Program will prepare 150 high capacity, minority-owned and operated general contractors, subcontractors and suppliers to compete for construction opportunities worldwide. Participating firms will receive training, education and mentoring, as well as a new, broader source of contracting opportunities. Tutor Perini Corporation is one of the nation’s largest global construction conglomerates and a leader in supplier diversity within the construction industry. 

Pictured are Ralph Moore, President and CEO, Ralph G. Moore & Associates, Jennifer Grodsky, Executive Director, Federal Relations, University of Southern California,  Richard Rizzo, Executive Vice President, Tutor Perini Corporation, Deputy Secretary Dennis Hightower, and MBDA National Director David Hinson.  Read more

Commerce Secretary Gary Locke Names New Members of Manufacturing Council

Image of members of 2010 Manufacturing CouncilToday on Capitol Hill, Secretary Locke announced his appointment of 24 members to the 2010 Manufacturing Council. The Council is directed by the Department of Commerce’s International Trade Administration and was established in 2004 and recently re-chartered. Locke was joined by members of the Senate Manufacturing Caucus, including Senators Debbie Stabenow (MI), Sherrod Brown (OH), Jeff Merkley (OR) and Tom Udall (NM). The Council advises the Secretary of Commerce on matters in the competitiveness of the manufacturing sector, and government policies and programs that affect U.S. manufacturers. The Commerce Department will schedule the Council’s first meeting in the coming weeks.

“A vibrant manufacturing sector isn't just critical for the millions of Americans whose jobs depend on it,” Locke said. “Manufacturing is absolutely central to driving the innovation that fuels the American economy.”

Manufacturing is a key industry in the revitalization of the U.S. economy and the growth of U.S. jobs. The United States is the world’s largest manufacturing economy, employing nearly 12 million Americans in the production of $1.6 trillion in manufactured products, representing 18 percent of the world’s manufactured goods.

President Obama’s Recovery Act included more than $100 billion dollars worth of grants, tax cuts and incentives devoted to manufacturing investments.  |  Remarks | Read more

Secretary Locke Visits Louisville to Highlight Partnership Designed to Boost U.S. Exports

Locke discusses Commerce resources available to U.S. companies to help grow business and create jobs

Secretary Locke at Podium with UPS OfficialsToday Secretary Locke visited the UPS Global Operations Center in Louisville, Ky., to highlight opportunities for local Kentucky businesses to sell their goods and services abroad and support job creation in their community. Locke toured the facility and held a discussion with local business owners on how the Commerce Department can help them grow their businesses and create jobs. Expanding on an existing partnership, UPS has joined with the Commerce Department to identify new markets for current exporters and potential candidates to expand their exports with the help of Department resources through the New Market Exporter Initiative.

Commerce’s partnership with UPS is one way the Department is working to achieve the goals of President Obama’s National Export Initiative (NEI), which aims to double U.S. exports over the next five years in support of 2 million American jobs. Since the president announced the NEI, the Department of Commerce’s Advocacy Center has assisted American companies competing for export opportunities, supporting $11.4 billion in exports and an estimated 70,000 jobs. The Department’s commercial service officers stationed around the world have helped more than 2,000 companies generate $3.8 billion worth of exports. To date, the Commerce Department has coordinated 18 trade missions with over 160 companies to 24 countries.

Joining Locke at for the discussion were Larry Hayes, Secretary of the Kentucky Cabinet for Economic Development, Scott Casey, Vice President of Legal & Public Affairs for UPS, and Jerry Plappert, Vice President of Corporate Development for CECO Environmental and Chair of the Kentucky District Export Council. | Read more | Remarks

Commerce Secretary Locke Meets With U.S. Travel and Tourism Advisory Board in New Orleans

Visiting New Orleans today, Secretary Locke met with the U.S. Travel and Tourism Advisory Board to discuss how government and industry leaders can support travel and tourism in areas impacted by the Deepwater Horizon/BP oil spill.

“Jobs are the number one priority of the Obama administration and the travel and tourism industry plays a key role in that effort,” Locke said. “It's clear we are going to need a proactive and aggressive approach to expand travel and tourism both in the Gulf and throughout the United States.”

In addition to the board’s central discussion on improving the industry in the Gulf, members also addressed tourism policies and other nationwide issues. The travel and tourism industry is a significant contributor to trade and economic development in the United States, and the board will play a key role in the development of the administration’s export policies.

Today’s meeting was the second of the current board, made up of 27 industry leaders.  Read more

Commerce Secretary Locke, Postmaster General Potter Launch New Initiative to Boost U.S. Exports

Locke and Potter shaking handsResponding to President Obama’s call to double exports in the next five years, U.S. Commerce Secretary Gary Locke and U.S. Postmaster General John Potter announced the launch of a new initiative between the Commerce Department and the United States Postal Service (USPS) that will help boost U.S. exports. The New Market Exporter Initiative (NMEI) will identify current USPS customers who are exporting their goods and services abroad, and help expand their reach to additional international markets. The announcement expands a strategic partnership formed in 2008 between the two entities.   Read more