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Economic Development Administration

Since EDA’s inception 52 years ago, EDA has led the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy. EDA is proud of the investments it has made in economically distressed regions, based on their locally-driven strategies and needs, and the outcomes of those investments which spurred local innovation and entrepreneurship creating and saving jobs and leveraging private investments.

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Related Content

U.S. Secretary of Commerce Wilbur Ross Declares Fishery Disaster in Florida following Hurricane Michael

Press releases
Today, in response to a request from Governor Rick Scott on October 23, Secretary of Commerce Wilbur Ross announced that a commercial fishery failure occurred in Florida as a result of Hurricane Michael, which struck the panhandle with devastating force on October 10. “The Department of Commerce stands ready to support communities across Florida in their hour of need,” said Secretary of Commerce...

Op-Ed: Commerce Department, NOAA Provide Essential Services When Disaster Strikes

Op-eds
Charleston knows all too well the hazards that hurricanes can pose to life, property and commerce. But the place that three-quarters of a million people call home, and the site of the fourth-largest port on the East Coast, does not face this threat alone. The Department of Commerce and our National Oceanic and Atmospheric Administration stand ready before, during and after any storm to help the...

Remarks by Secretary Wilbur L. Ross at White House for the First Meeting of the National Council for the American Worker

Speeches
Thank you, Ivanka, for your work on this initiative. Your leadership is helping rebuild the American economy and creating good jobs for millions of Americans. I am honored that you asked me to co-chair both the National Council for the American Worker, and the American Workforce Policy Advisory Board. The creation of these bodies could not be more timely. It is another indication of how our...

Remarks by Secretary Wilbur L. Ross on Capitol Hill for the Release of the Outdoor Recreation Satellite Account Data

Speeches
Thank you Tom for that kind introduction. I cannot tell you how pleased I am to be here to discuss the performance of this exciting and growing sector of our economy, and the positive impact it has on many millions of Americans. Thanks to Senator Daines and Senator Donnelly for their leadership in drafting and passing the “Rec Act,” creating the data series we are releasing today describing the...

U.S. Department of Commerce Finds Dumping of Polytetrafluoroethylene Resin from China and India

Press releases
WASHINGTON – Today, the U.S. Department of Commerce announced the affirmative final determinations in the antidumping duty (AD) investigations of imports of polytetrafluoroethylene (PTFE) resin from China and India, finding that exporters sold PTFE resin at dumping margins ranging from 54.41 to 218.88 percent and 22.78 percent, respectively. As a result of these decisions, Commerce will instruct U...

U.S. Department of Commerce Establishes Improved Procedures for Section 232 Steel and Aluminum Exclusion Requests

Press releases
WASHINGTON – The Department of Commerce continues to make improvements to the procedures for Section 232 product exclusion requests. This includes the recent implementation of an updated rebuttal system, to continue to ensure a transparent and fair process. This new rebuttal process is now available to all U.S. businesses which have not received a final determination. "The Department of Commerce...

U.S. Department of Commerce Finds Dumping and Subsidization on Sodium Gluconate, Gluconic Acid, and Derivative Products from China

Press releases
Today, the U.S. Department of Commerce announced the affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of sodium gluconate, gluconic acid, and derivative products from the People’s Republic of China. Commerce determined that exporters from China have sold sodium gluconate, gluconic acid, and derivative products in the United...

U.S. Department of Commerce Issues Affirmative Final Antidumping Duty Determinations on PET Resin from Brazil, Indonesia, Korea, Pakistan, and Taiwan

Press releases
Today, the U.S. Department of Commerce announced the affirmative final determinations in the antidumping duty (AD) investigations of imports of polyethylene terephthalate (PET) resin from Brazil, Indonesia, Korea, Pakistan, and Taiwan. Commerce determined that exporters have sold PET resin in the United States at the following less than fair value rates: Brazil – 29.68 to 275.89 percent Indonesia...

Gross Domestic Product by Metropolitan Area, 2017

Blog
The following is a cross-post from the Bureau of Economic Analysis Blog Real gross domestic product (GDP) increased in 312 out of 383 metropolitan areas in 2017 according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis. The percent change in real GDP by metropolitan area ranged from 12.1 percent in Odessa, TX to -7.8 percent in Enid, OK (table 2)....

U.S. Department of Commerce Issues Affirmative Preliminary Countervailing Duty Determination on Quartz Surface Products from China

Press releases
Today, the U.S. Department of Commerce announced the affirmative preliminary determination in the countervailing duty (CVD) investigation of imports of quartz surface products from the People’s Republic of China, finding that exporters received countervailable subsidies ranging from 34.38 to 178.45 percent. As a result of today’s decision, Commerce will instruct U.S. Customs and Border Protection...