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Blog Category: Secretary of Commerce Penny Pritzker

What’s NEXT for U.S. exports?

New data-based, customer service-driven initiative to ensure that more American businesses can fully capitalize on markets that are opening up around the world.

Exports are critical to the U.S economy. They fuel economic growth in our communities, support good middle class jobs, and unlock opportunity for American companies, entrepreneurs, farmers, ranchers, and workers, enabling U.S. companies to compete in the growing global marketplace. By selling Made-in-America goods and services to international customers, U.S. businesses – including small and medium-sized and minority- and women-owned businesses – are able to grow faster, hire more employees, pay higher wages, and help spread American ideas, innovation and values.

Recognizing the many opportunities exports create for our economy, U.S. Commerce Secretary Penny Pritzker today announced that the Obama Administration will build on the success of the National Export Initiative (NEI) by launching NEI/NEXT: a new customer service-driven strategy with improved information resources that will ensure American businesses are fully able to capitalize on expanded opportunities to sell their goods and services abroad. NEI/NEXT will help more American companies reach more overseas markets by improving data, providing information on specific export opportunities, working more closely with financing organizations and service providers, and partnering with states and communities to empower local export efforts.

In 2010, President Obama launched the National Export Initiative (NEI), a comprehensive government-wide effort to help U.S. companies increase exports, expand into new markets, and compete globally. Under the NEI, the United States has had four straight record-breaking years of exports – hitting an all-time high of $2.3 trillion dollars last year – up $700 billion from 2009. A new economic report released today by the Department of Commerce, shows that nearly one-third of the country’s economic growth since mid-2009 has been driven by exports. Nearly 30,000 businesses have started exporting for the first time. And most importantly, since 2009, the number of jobs supported by exports has grown by 1.6 million to more than 11.3 million – the highest in 20 years.

Even with all this success, far too many American companies remain focused on domestic markets. Less than 5 percent of U.S. companies export, and more than half of those exporters sell to only one market. To help bridge that gap, and look for new opportunities to help U.S. businesses export, the Department of Commerce, along with 20 federal agency partners last year began to take a fresh look at the NEI. This interagency group solicited extensive stakeholder feedback and incorporated lessons learned under the NEI, to develop an economic growth strategy that would help make trade a central part of America’s economic DNA. The end product of that interagency review, NEI/NEXT will take the NEI strategy to next level by institutionalizing our progress from the past four years and serving as a framework to guide the development of new, innovative initiatives.

NEI/NEXT will be implemented through the Export Promotion Cabinet and Trade Promotion Coordinating Committee (TPCC), which consists of representatives from 20 federal departments and agencies with export-related programs. The Secretary of Commerce chairs the TPCC.

Secretary Penny Pritzker Announces Next Phase of the National Export Initiative -- NEI/NEXT

Today, Secretary of Commerce Penny Pritzker announced NEI/NEXT – a data-based, customer service-driven initiative to ensure that more American businesses can fully capitalize on markets that are opening up around the world. Through five core objectives, NEI/NEXT will build on Administration-wide achievements under the National Export Initiative (NEI), to help all businesses reach the 95 percent of consumers who live outside the United States.

If you missed her speech, below is a collection of tweets from her account and audience members that summarizes her remarks.

Commerce and Department of Homeland Security: A new partnership built on shared principles

Guest Blog Post by Secretary of Commerce Penny Pritzker

About a month ago, Homeland Security Secretary Jeh Johnson  and I each sent our respective workforces (around 280,000 people combined) a declaration of joint principles we developed to capture our shared mission.

Today, I want to share this message more broadly. We all owe Secretary Johnson, his leadership team, and the more than 240,000 men and women of the Department of Homeland Security a debt of gratitude for their hard and often dangerous work securing our borders and keeping this country safe.

Secretary Johnson is also keenly aware of the essential role DHS plays every day in facilitating the lawful trade of goods and services—trade that is vital to our economic security and competitiveness, and that is at the core of Commerce’s mission.

DHS and Commerce are therefore key partners in the Administration’s economic growth agenda. During our recent meetings, Secretary Johnson and I have recommitted ourselves to personally overseeing progress in a variety of initiatives that are priorities of both Departments.

National Climate Assessment Underscores Urgent Need for Americans and Our Businesses to Prepare for Climate Change in the United States

Cover of the third U.S. National Climate Assessment report

Guest Blog Post by Secretary of Commerce Penny Pritzker

The effects of climate change on our planet are becoming more evident, and its impact on our communities, and key sectors of the economy, is becoming more profound.

As part of its overall efforts to provide scientific information about climate change, the Obama Administration released the third U.S. National Climate Assessment. This report – a key deliverable of President Obama’s Climate Action Plan – is a comprehensive, authoritative scientific assessment about climate changes that are happening now in the U.S. and further changes that we can expect to see throughout this century.

The report communicates the impacts of climate change according to geographic region of the U.S., and by economic and societal sector—including agriculture, energy, and health. These tailored findings help translate scientific insights into practical, useable knowledge that can help decision-makers and citizens anticipate and prepare for specific climate-change impacts.

Among the 12 key findings, the report concludes that evidence of human-induced climate change continues to strengthen and that impacts are increasing across the country. Over the next 100 years, we can expect these impacts to further increase unless the global emissions of heat-trapping greenhouses gases are stabilized or reduced. 

While these findings are indeed sobering and provide real-cause for concern, there is also reason for hope. Ultimately, the amount of climate change, severity of impacts, and how we will prepare for those impacts will be largely be determined by the decisions we make today. 

Taking Action to Attract the World’s Top Talented Professionals

Guest Blog Post by Secretary of Commerce Penny Pritzker

Today, the Obama Administration announced new steps to make it easier for highly skilled workers and talented researchers from other countries to contribute to our economy and ultimately become Americans. These measures are part of administrative reforms first announced in 2012, and reflect our commitment to attracting and retaining highly-skilled immigrants, continuing our economic recovery, and encouraging job creation.

Specifically, the Department of Homeland Security (DHS) published a proposed rule that would—for the first time—allow work authorization for the spouses of H-1B workers who have begun the process of applying for a green card through their employers. Once enacted, this proposed rule would empower these spouses to put their own education and skills to work for the country that they and their families now call home.  This rule change was requested in a “We the People” petition to the White House.

At the same time, DHS is also proposing another new rule to make it easier for outstanding professors and researchers in other countries to demonstrate their eligibility for the EB-1 visa, a type of green card reserved for the world’s best and brightest. Just as great athletes and performers are already able to provide a range of evidence to support their petition for an EB-1, professors and researchers would be able to present diverse achievements such as groundbreaking patents or prestigious scientific grants.

These measures build on continuing Administration efforts to streamline existing systems, eliminate inefficiency, and increase transparency, such as by the launch of Entrepreneur Pathways, an online resource center that gives immigrant entrepreneurs an intuitive way to navigate opportunities to start and grow a business in the United States.

Commerce Department Collaborates with Regional Partners to Make the U.S. a Magnet for Advanced Manufacturing and Good Paying Jobs

This week, U.S. Secretary of Commerce Penny Pritzker met with the Advanced Manufacturing Partnership (AMP) Steering Committee 2.0 and the Manufacturing Council to discuss issues affecting the health of America’s manufacturing industry, including progress on the National Network for Manufacturing Innovation (NNMI).

In his 2013 and 2014 State of the Union Addresses, President Obama called for the creation of a nationwide network devoted to innovating and scaling-up advanced manufacturing technologies and processes to create good paying jobs and spur economic growth. These efforts, known as the National Network for Manufacturing Innovation (NNMI) consist of regional hubs, bringing together companies, universities, community colleges, and government to accelerate the development and adoption of cutting-edge manufacturing technologies for making new, globally competitive products. The President has asked Congress to authorize a one-time $1 billion investment—to be matched by private and other non-federal funds—to create an initial network of up to 15 hubs. Over the span of 10 years, he has proposed building out NNMI to encompass 45 such hubs.

Significant progress has already been made to accelerate the development of the NNMI. In January, President Obama announced the selection of the Next Generation Power Electronics Manufacturing Innovation Institute, headquartered at North Carolina State University, to lead a manufacturing innovation institute for next generation power electronics. It is focused on enabling energy-efficient, high-power electronic chips and devices by making wide bandgap semiconductor technologies cost-competitive with current silicon-based power electronics. President Obama also announced two additional institutes in February – the Digital Manufacturing and Design Innovation Institute, headquartered in Chicago, and the Lightweight and Modern Metals Manufacturing Innovation Institute, headquartered in the Detroit area. These announcements build on the NNMI pilot – the National Additive Manufacturing Innovation Institute, now known as America Makes – launched in August 2012 in Youngstown, Ohio.

Secretary Pritzker Talks About Two Keys to an Innovative and Competitive Economy: a Skilled Workforce and Entrepreneurship

Secretary Pritzker Talks About Two Keys to an Innovative and Competitive Economy: a Skilled Workforce and Entrepreneurship

Innovation is key to supporting economic growth and creating jobs in the United States. In order to ensure that the United States stays competitive, the Department of Commerce works to create the conditions that empower Americans to turn their ideas into successful businesses, grow their ventures, and create jobs.

Wednesday, on the third day of the Ed Innovation Summit in Scottsdale, Ariz., Secretary Pritzker spoke with former Washington Post executive editor Len Downie about what the Department of Commerce is doing to support innovation. Secretary Pritzker shared that since taking office almost one year ago, she has spoken to more than 1,000 CEOs and business leaders, including more than 150 of Fortune 500 companies, around the country. One of the top concerns they have shared is the challenge of finding the workers with the right skills to fill available jobs, which is a threat to our nation’s long-term competitiveness. In order to best equip workers for the jobs that are available now, and will be available in the future, Secretary Pritzker has made skills development a top priority for the Department of Commerce for the very first time.

Central to this effort is breaking down silos between the public and private sectors to create programs that match workers’ skills to the needs of businesses. The Department of Commerce is working closely with the Departments of Education and Labor, as well as businesses, training organizations, academic institutions, and state and local governments to do just that. Earlier this month, Secretary Pritzker traveled to Pittsburgh with President Obama and Vice President Biden, where they announced $100 million in competitive grants to support apprenticeships and a nearly $500 million grant competition to support partnerships between community colleges, employers, and industry association that will help develop job-driven training programs -- a first for the Department.

Another important aspect driving innovation is encouraging a start-up culture in which entrepreneurs can thrive. However, as Secretary Pritzker mentioned during her Ed Innovation talk, the rate of new business formation is actually declining in the United States. Research indicates that new and young companies are responsible for virtually all new job growth across the United States, so supporting entrepreneurship is a priority for the Administration.

Earlier this month, President Obama announced the inaugural members of the Presidential Ambassadors for Global Entrepreneurship (PAGE). Chaired by Secretary Pritzker, PAGE is an initiative to help develop the next generation of entrepreneurs across the globe and right here in the United States. The 11 PAGE members will participate in an ongoing dialogue with policy makers globally to discuss how to create an environment in which creativity, innovation, and entrepreneurship can grow and thrive. They will also participate in outreach and mentorship activities to help promote a start-up culture, and energize their own personal and professional networks to challenge, inspire, and educate budding entrepreneurs.

Following her armchair discussion at the Ed Innovation Summit, Secretary Pritzker toured SkySong, the ASU Scottsdale Innovation Center, and met with local entrepreneurs. SkySong is a mixed use development designed to help companies grow by providing business services and programs offered or facilitated by Arizona State University, which include access to new technologies, capital networks, and a skilled workforce.

In her roundtable with SkySong's entrepreneurs, Secretary Pritzker discussed ways in which the federal government can serve as a catalyst to innovation. For example, the Department of Commerce protects entrepreneurs' intellectual property through the Patent and Trademark Office, enabling innovators to capitalize on their ideas. Another part of the Commerce Department, the Economic Development Administration (EDA), makes investments that help fund business incubators like SkySong. In fact, EDA helped create SkySong's technology transfer accelerator, known as Furnace, in 2012.

The investments in entrepreneurs have already paid off for Arizona. According to a 2012 study by the Greater Phoenix Economic Council, SkySong-based companies, which range from start-ups to large companies like Ticketmaster and Recruiting.com, have generated more than $460 million in economic impact for the Greater Phoenix area since SkySong's inception in 2008.

As part of its mission to help create an environment that stimulates economic growth and job creation, the Department of Commerce is dedicated to identifying and supporting successful programs for workforce training and entrepreneurship.

Commerce's Advocacy Center Supports Jobs at Boeing Facility in Arizona

Secretary Pritzker signs an Apache helicopter during a visit to Boeing's Mesa, Arizona facility. She is joined by Kim Smith, Boeing VP Attack Helicopter Programs, and David Koopersmith, Boeing VP/GM Vertical Lift Organization

As the country’s Chief Commercial Advocate, Secretary of Commerce Penny Pritzker works to ensure that U.S. companies have the best possible chance of selling their goods and services abroad.

Through the International Trade Administration’s Advocacy Center (AC), the Department of Commerce helps level the playing field for American businesses by coordinating U.S. government resources on behalf of U.S. companies that are bidding on contracts to sell goods and services to overseas governments. This kind of collaboration and advocacy helps exporters win contracts and protects American jobs. In fact, the work of the Advocacy Center supported close to 200,000 U.S. jobs in fiscal year 2014 alone.

This week, Secretary Pritzker visited the Boeing facility in Mesa, Arizona, which has benefited from the efforts of the Advocacy Center. Just last August, the Advocacy Center helped Boeing win a $1.6 billion contract to sell 36 Apache helicopters made in Mesa to South Korea, which will support several hundred U.S. jobs.

Boeing is one of the many U.S. companies that receive support from the Advocacy Center, which is currently handling almost 1,000 active cases on behalf of companies of varying sizes and business sectors. With proven success, Commerce Department will continue to advocate for U.S. exporters so that America can remain competitive in an increasingly global economy.

As a resource to help U.S. businesses sell their goods and services abroad, the Advocacy Center is a key component of President Obama’s National Export Initiative (NEI), a government-wide effort to support U.S. businesses in exporting to the 95 percent of worldwide consumers who live outside America’s borders. Since NEI was launched in March 2010, the Advocacy Center has been successful in 228 cases, which have a U.S. export content value of $163.7 billion.

Secretary Pritzker Delivers Remarks on America’s Economic Future in the Asia-Pacific

In her remarks, Secretary Pritzker discussed the United States’ commitment to strengthening commercial and economic ties throughout the Asia-Pacific, which is a critical dimension of the president’s rebalance toward this fast-growing region. The Asia-Pacific region presents rapidly growing opportunities for American businesses and workers. The region accounts for nearly 60 percent of world GDP and 40 percent of global trade. Secretary Pritzker highlighted the United States’ leadership role in efforts such as the Trans Pacific Partnership, and she also emphasized the growing U.S. ties with both longstanding and emerging trade partners.

Read a summary of her remarks and audience tweets below.

SelectUSA: Investing in the United States, Creating Jobs, and Spurring Economic Growth

Editor's note: This has been cross-posted from the White House's Blog.

Guest Blog Post by Secretary of Commerce Penny Pritzker and Jeff Zients, Director of the National Economic Council and Assistant to the President for Economic Policy 

Today, Lufthansa Technik announced a significant new investment in Puerto Rico that demonstrates how efforts to deploy the full resources of the federal government to win job-creating investments in U.S. states and territories pay off. Through the advocacy of several high-level U.S. officials, including the Vice President and the Secretary of Commerce, as well as the work of SelectUSA, the government of Puerto Rico was able to secure this new investment, which will create up to 400 permanent jobs and strengthen Puerto Rico’s burgeoning civil aviation sector.

Lufthansa Technik, a wholly owned subsidiary of Germany-based Lufthansa AG, is making a significant new investment in Puerto Rico to build a maintenance, repair, and operations facility. Thanks to the persistent support of the Administration through our SelectUSA investment initiative, local efforts led by Governor Garcia Padilla of Puerto Rico, and the strengths of Puerto Rico’s growing aviation industry, the United States won this new investment despite strong competition.

SelectUSA – launched in 2011 and housed in the Department of Commerce – is the first-ever federal effort to bring job-creating investment from around the world to the United States in partnership with state and local economic development organizations. Today, Ambassador-led teams at our posts overseas directly support foreign investors looking to make investments in the U.S. by providing resources and information, and when needed, connecting them to investment experts at the Department of Commerce and throughout the SelectUSA interagency network. 

Each investor, and investment case, gets tailor-made attention from our case managers at SelectUSA, who rely on ombudsman efforts to answer questions, as well as a sophisticated advocacy network that leverages key Administration officials all the way up to the President of the United States. Lufthansa is a perfect example of our coordinated efforts to bring job-creating investment here to the United States. In addition to Vice President Biden and the Secretary of Commerce and her team, SelectUSA involved other key federal officials, and coordinated with several federal agencies to provide the needed assistance to secure the project. And, when it came time to seal the deal, SelectUSA coordinated an effort across the federal government, including the support of the President’s Taskforce on Puerto Rico, to present Lufthansa with the case for locating their investment in the United States.

The Lufthansa investment is yet another example that demonstrates that the United States is an increasingly attractive location for job-creating business investment from around the world. Last year, for the first time in a decade, global business executives ranked the United States the number one destination for foreign investment. And the Department of Commerce released new data showing that foreign direct investment flows into the United States and our territories rose from $160 billion in 2012 to $187.5 billion in 2013.

With our booming natural gas sector, our skilled workforce, our status as home of the some of the top research universities and innovation hubs, and our resurgent manufacturing communities, the United States is primed for business investment. Businesses increasingly cite the U.S. open investment climate, rule of law, the ability to efficiently export their goods, access to high-quality supply chains, and proximity to robust consumer markets as key factors to locate their operations in the United States. And now, with the help of SelectUSA, the federal government is undertaking a coordinated and concerted effort to showcase our strengths and make the case with even more investors that the United States should be their top choice.

To put it simply, the United States is Open for Business. 

Jeff Zients is Director of the National Economic Council and Assistant to the President for Economic Policy. Secretary Penny Pritzker is the Secretary of Commerce.