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Investing in communities and workers

Sustained, locally-driven investment in community assets needed by businesses will result in high-quality jobs, greater investments, and increased prosperity. We will support local efforts to create and implement viable strategies to build community and regional capacity for job growth.

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Welcome Remarks by Secretary Wilbur L. Ross at the 2018 SelectUSA Investment Summit

Speeches
Thank you, Karen, for that kind introduction, and good morning everyone. It is my pleasure to welcome you to the 2018 SelectUSA Investment Summit. This is an exciting event for me, for the U.S. Department of Commerce, for the economic development officials here from 50 states and territories, and for our entire country. This is the second SelectUSA Summit that I have hosted, and this year we will...

SelectUSA’s Annual Summit Begins Today, Highlights Foreign Investment in U.S. with $600 Million for New Projects

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross opened the fifth annual SelectUSA Investment Summit, which brings together international companies, U.S. economic development organizations, and other stakeholders to explore job-creating investment opportunities across the United States. “SelectUSA is the premier event for international companies seeking new opportunities in the United States,”...

SelectUSA’s $30 Billion Impact on the U.S. Economy

Blog
Guest blog post by Steven Meyers, Director of Outreach and Communications, SelectUSA Foreign direct investment (FDI) in the United States is a key contributor to U.S. economic growth, directly and indirectly supporting nearly 13 million American jobs. It contributes to U.S. exports, drives innovation, and – most importantly – sends hardworking Americans home with a paycheck. Since 2007, the...

The SelectUSA Investment Summit: Advancing and Expanding American Prosperity

Blog
Guest blog post by Brian Lenihan, Acting Executive Director of SelectUSA The upcoming 2018 SelectUSA Investment Summit (June 20-22) will feature several plenaries, panels, and breakout sessions of experts, each focused on a vital U.S. industry or subject affecting foreign direct investment (FDI) in the United States. Advanced manufacturing, workforce development , the burgeoning commercial space...

Workforce Development to be Showcased at the 2018 SelectUSA Investment Summit

Blog
Blog post by Steven Meyers, Director of Outreach and Communications, SelectUSA The U.S. economy is the best shape since the turn of the 21 st century. Unemployment has reached a rare low of 3.9 percent, wages are rising, and the international consensus is that the U.S. market is one of reliability and confidence. Indeed, there has never been a better time to invest in the United States and its...

Helping Americans Reach their Potential through Expanded Apprenticeships

Blog
In connection with American Dream Week (July 31 – August 4, 2017), the U.S. Department of Commerce is proud to highlight the important role Commerce agencies play in creating jobs and economic opportunities in American communities across the nation. “America’s capabilities are limitless and America’s workers are unmatched” – President Donald J. Trump President Trump is committed to increasing...

EDA’s Revolving Loan Program: Helping Entrepreneurs Achieve the American Dream of Business Ownership

Blog
In connection with American Dream Week (July 31 – August 4, 2017), the U.S. Department of Commerce is proud to highlight the important role Commerce agencies play in creating jobs and economic opportunities in American communities across the nation. Obtaining the capital needed to start or grow a business can often be an impediment to entrepreneurs looking to achieve the American Dream of business...

U.S. Department of Commerce Makes $30 Million Available to Assist America's Coal Communities

Press releases
To support locally-driven efforts in coal country to spur job growth, U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) has published a Notice of Funding Availability (NOFA) making $30 million in funds available to assist coal communities through the 2017 Assistance to Coal Communities (ACC 2017) initiative. “The Trump...