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Blog Category: Analysis

Secretary Locke Statement on March 2009 Trade Numbers

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U.S. Commerce Secretary Gary Locke issued the following statement on the release of the March 2009 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 decreased by 2.4 percent to $123.6 billion since February 2009. Imports decreased 1.0 percent to $151.2 billion. Overall, the trade deficit grew 5.5 percent during the same time period. “Today’s numbers are better than many economists predicted, and it’s worth noting that the trade deficit is half of what it was in the first quarter of 2008.” (More) (Fact Sheet)

Commerce Secretary Gary Locke Statement on Trade Numbers

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U.S. Commerce Secretary Gary Locke issued the following statement on the release of the February 2009 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 increased by 1.6 percent to $126.8 billion since January 2009. Imports decreased 5.1 percent to $152.7 billion. Overall, the trade deficit shrank 28.3 percent during the same time period. (More)

New Deep-Sea Coral Discovered on NOAA-Supported Mission

Image of orange bamboo coral is another new species and new genus found in the Papahanaumokuakea Marine National Monument. It is between four and five feet tall, and was found 5,745 feet below the surface. Click for larger image.

Scientists identified seven new species of bamboo coral discovered on a NOAA-funded mission in the deep waters of the Papahānaumokuākea Marine National Monument. Six of these species may represent entirely new genera, a remarkable feat given the broad classification a genus represents. A genus is a major category in the classification of organisms, ranking above a species and below a family. Scientists expect to identify more new species as analysis of samples continues. (More)

BEA Sets Benchmark Highs in Organizational Assessment Survey

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The Commerce Department’s Bureau of Economic Analysis ranked highest among all federal agencies participating in the 2008 Organizational Assessment Survey, conducted by the Office of Personal Management. BEA achieved the highest scores ever recorded on the survey in six key areas, including leadership and quality, innovation, and performance measures. Among the 23 agencies involved in the latest survey of organizational climate, BEA scored above the median in all areas. BEA produces some of the world’s most closely-watched economic statistics, including U.S. Gross Domestic Product. (Organizational Assessment Survey). (Summary Sheet)

BEA and Census Release Data on U.S. International Trade in Goods and Services

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The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total December exports of $133.8 billion and imports of $173.7 billion resulted in a goods and services deficit of $39.9 billion, down from $41.6 billion in November, revised. December exports were $8.5 billion less than November exports of $142.3 billion. December imports were $10.2 billion less than November imports of $183.9 billion. (More) (U.S. Export Fact Sheet)