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Blog Category: Recovery

Statement from Secretary Locke on August 2009 New Residential Construction

Photo of Secretary Locke.

File Photo

The Commerce Department’s U.S. Bureau of the Census released data on new residential construction in August 2009. Permits rose 2.7 percent in August and have increased 16.3 percent from their low in April, after plummeting a total of 78.0 percent between September 2005 and April 2009. Starts have followed a similar pattern, increasing 1.5 percent in August. “The upturn in housing activity and the recent gains in retail sales and industrial production demonstrate considerable progress toward recovery. More stimulus spending in the coming months should help spread growth to other sectors of the economy,” Commerce Secretary Gary Locke said. (More) (Release)

Secretary Locke Breaks Ground on Major San Diego-Area Recovery Act Project

Shown with shovels in their hands: NIST Deputy Director Patrick Gallagher, Scripps Institution of Oceanography Directo Director Tony Haymet, Commerce Secretary Gary Locke, San Diego Mayor Jerry Sanders, NOAA Chief of Staff Margaret Spring. Click for larger image.

Photo: Robert Monroe/Scripps

U.S. Secretary of Commerce Gary Locke and Mayor Jerry Sanders led a groundbreaking ceremony in La Jolla, Calif., for two new buildings dedicated to ocean science on the campus of Scripps Institution of Oceanography at UC San Diego. The project is a major groundbreaking in California under the American Recovery and Reinvestment Act (ARRA). The buildings are supported by two federal agencies—the National Oceanic and Atmospheric Administration (NOAA) and the National Institute of Standards and Technology (NIST)—and will feature state-of-the-art marine life tanks and cutting-edge science labs. (More) (Remarks)

EDA Announces Ongoing American Recovery and Reinvestment Act Funding to Create Jobs, Boost Development

Image of Flagship Enterprise Center. Click for larger image.

Commerce’s Economic Development Administration (EDA) invested $2.7 million in American Recovery and Reinvestment Act (ARRA) funds to the Flagship Enterprise Center, Inc. and the city of Anderson, Ind.,(pictured here), to help build a business and industrial facility, which will house early-stage businesses that are working to establish themselves in the community. Other recent ARRA grants have been announced for Memphis, Tenn.; Spring Valley, Minn.; Tupelo, Miss.; Fosston, Minn.; Scottsburg, Ind. and Bristol Bay Borough, Alaska. (EDA Recovery Web site)

Statement from Under Secretary Blank on July 2009 Personal Income and Outlays

Blank portrait.

The U.S. Commerce Department's Bureau of Economic Analysis today released personal income and outlays for July 2009. Real personal spending increased 0.2 percent and personal income increased less than 0.1 percent, after decreasing 1.1 percent in June. “During the first half of the year, more than 95 percent of working families benefitted from tax relief under the Recovery Act, which has boosted Americans’ disposable income,” U.S. Commerce Under Secretary for Economic Affairs Rebecca Blank said. “This increase has helped stabilize economic conditions in the wake of the worst economic environment in generations.” (Release)

Secretary Locke Announces Over $11.9 Million in Recovery Act Grants to Create Jobs, Boost Development in Seven States

EDA seal.

Commerce Secretary Gary Locke announced over $11.9 million in Economic Development Administration (EDA) American Recovery and Reinvestment Act (ARRA) grants to help seven states boost private investment and create new jobs. The grants will make water treatment facility upgrades in Kentucky; help build an access road to serve an industrial park in Minnesota; help make roadway updates to improve access to an industrial park in Illinois; help build water and sewer infrastructure needed to spur business development in Georgia; convert an existing building for use as a regional vocational training facility in Idaho; expand an existing dock and install a crane to boost the commercial fishing sector in Alaska, and extend an avenue and provide water infrastructure in Washington state.

Secretary Lock Gives Keynote at MED Week, Follows White House Event for National MED Week Awardees

MED Week logo. Click to go to MED Week Web site.

Secretary Gary Locke laid out the Obama Administration’s strategy to expand opportunities for minority businesses. In his keynote, Locke outlined how the President’s Recovery Act is giving businesses access to billions of dollars in loan guarantees, and how it seeks to reorient America’s energy policy towards providing new manufacturing jobs in clean energy. Locke called for reform of the healthcare system so that small- and medium-sized businesses can better afford health benefits for their workers. On Wednesday, Secretary Locke and Vice President Joe Biden congratulated the 2009 National Excellence in Minority Business Award Winners at a reception at the White House. (Remarks)

Earvin "Magic" Johnson to Keynote MBDA's Annual MED Week Conference

Earvin “Magic” Johnson will keynote the Minority Business Development Agency’s (MBDA) National Minority Enterprise Development (MED) Week Conference in Washington, August 26-28. Also participating as speakers will be U.S. Commerce Secretary Gary Locke, new MBDA National Director David Hinson, and Small Business Administration Administrator Karen G. Mills. The conference will focus on fostering innovation, competitiveness and opportunities for minority businesses to retool and rebuild America’s infrastructure under the American Recovery and Reinvestment Act. (More) (Registration)

Secretary Locke Announces $40 Million in ARRA Projects to Support Efficient Marine Navigation and Create Jobs

Captain Barnum and Secretary Locke on pier. Click for larger image.

U.S. Secretary of Commerce Gary Locke announced in Norfolk, Va. $40 million for critical hydrographic survey and chart projects across the United States that strengthen the economy, create jobs, and support safe and efficient marine commerce and trade. Funded by the American Recovery and Reinvestment Act of 2009, the Commerce Department’s National Oceanic and Atmospheric Administration (NOAA) will allocate $32 million to utilize hydrographic surveying contractors to collect data in critical coastal areas which are used to map the seafloor and update nautical charts. (More) (Remarks)

Secretary Locke Announces $7.6 Million in Recovery Act Grants to Create Jobs, Boost Development in Four States

Picture of construction site for railway infrastructure improvement. Click for larger image.

U.S. Commerce Secretary Gary Locke announced $7.6 million in Economic Development Administration (EDA) American Recovery and Reinvestment Act (ARRA) grants to help four states boost private investment and create new jobs. The grants will: establish a bio-medical manufacturing and business park in Illinois; develop an industrial area in Florida; provide rail service to a technology park in South Carolina and expand an industrial park to accommodate new and existing industry in Michigan.

Secretary Locke Statement on July Retail Sales

Locke, seated, gesturing with hands.

File Photo

The U.S. Commerce Department's U.S. Census Bureau today released retail sales for July 2009. Retail sales edged down 0.1% in July, following a strong rise of 0.8% in June. The total increase over the last three months is the strongest three-month performance since December 2007. “Despite the slight decline in retail sales we remain encouraged that the Recovery Act and other economic initiatives have stabilized conditions and helped those harmed by the economic crisis,” U.S. Commerce Secretary Gary Locke said. (More)