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Remarks by U.S. Commerce Secretary Wilbur L. Ross at the National Inventors Hall of Fame Annual Induction Event

Speeches
Thank you, Andrei, for that kind introduction. The country is truly fortunate that you are the Director of the U.S. Patent and Trademark Office. Thank you for your service to all inventors living here and everywhere in the world. And thank you — everyone attending tonight — for your support of the inventors who have transformed our society. Our hearty congratulations to this year’s inductees and...
Intellectual property
National Inventors Hall of Fame

Real GDP Increases in 49 States and District of Columbia

Blog
Graphic on Real GDP by State, 2018.
The following is a cross-post from the Bureau of Economic Analysis Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the fourth quarter of 2018. The percent change in real GDP in the fourth quarter ranged from 6.6 percent in Texas to 0.0 percent in Delaware. Wholesale trade, mining, and information services were the leading contributors to the increase in...
Economic indicators

U.S. Department of Commerce Initiates Antidumping Duty and Countervailing Duty Investigations of Imports of Ceramic Tile from China

Press releases
Today, the U.S. Department of Commerce announced the initiation of new antidumping duty (AD) and countervailing duty (CVD) investigations to determine whether ceramic tile from China is being dumped in the United States and to determine if producers in China are receiving unfair subsidies. These antidumping and countervailing duty investigations were initiated based on petitions filed by the...
Trade enforcement

Remembrance: Perspective of a Second Generation Holocaust Survivor

Blog
Buchenwald Concentration Camp in Germany
I remember that cold April some years ago when my son Michael and I walked through the Buchenwald Concentration Camp in Germany. It was Michael’s suggestion to visit the place where my father Benjamin and his brother Berek were imprisoned as Jews with the other “untermenchen” which is German for inferior people or “beneath human.” For many years I resisted the idea of making a pilgrimage to a...

U.S. Department of Commerce Issues Affirmative Preliminary Determinations in the Countervailing Duty Investigations of Imports of Polyester Textured Yarn from China and India

Press releases
Today, the U.S. Department of Commerce announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations of imports of polyester textured yarn from China and India, finding that exporters received countervailable subsidies ranging from 32.04 to 459.98 percent and 7.09 to 20.45 percent, respectively. Commerce will instruct U.S. Customs and Border Protection to...
Trade enforcement

GDP Increases in First Quarter

Blog
Real GDP growth is measured at seasonally adjusted annual rates.
Real gross domestic product increased 3.2 percent in the first quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent. GDP Highlights The increase in real GDP reflected increases in consumer spending, inventory investment, exports, government spending, and business investment that were partly...
Economic indicators

U.S. Department of Commerce Finds Dumping and Countervailable Subsidization of Imports of Glycine from India, China, and Japan

Press releases
WASHINGTON – 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 glycine from India (AD and CVD), China, (CVD only), and Japan (AD only), finding that exporters from India and Japan have sold glycine at less than fair value in the United States at the following rates: India – 7...
Trade enforcement

Statement from U.S. Secretary of Commerce Wilbur Ross on Q1 2019 GDP Growth

Press releases
WASHINGTON – Today, the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) released the first quarter 2019 Gross Domestic Product (GDP) numbers. The Bureau found that the real gross domestic product increased at an annual rate of 3.2 percent in the first quarter of 2019. “This blockbuster GDP report shows that President Donald J. Trump’s policies are unleashing the vitality of the...
Economic indicators
U.S. economy