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Year in Review: One-Year Anniversary of President Biden’s Competition Executive Order

Blog
One year ago, President Biden issued the Administration’s Executive Order on Promoting Competition in the American Economy. Since then, the Department has worked tirelessly to advance the American promise of broad and sustained prosperity. Through this Executive Order, the President is helping Americans protect their health and the health of their loved ones, in part by making prescription drugs...

Celebrating Habitat Month 2022: Healthy Habitat, Resilient Infrastructure

Blog
The following is a cross-post from NOAA Fisheries We are excited to kick off Habitat Month at NOAA Fisheries. All month long, we will share our incredible habitat conservation efforts through our website and social media. The theme this year is "Healthy Habitat, Resilient Infrastructure”! Learn more about the role of healthy habitat in building coastal resilience. We’ll also talk about how...

BEA Releases New Data on Foreign Direct Investment in the United States

Blog
The following is a cross-post from the Bureau of Economic Analysis Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $333.6 billion (preliminary) in 2021. Expenditures increased $192.2 billion from $141.4 billion (revised) in 2020 and were above the annual average of $289.7 billion for 2014–2020. As in previous years, acquisitions of existing...

Statement from U.S. Secretary of Commerce Gina Raimondo on New Rule Protecting Americans’ Pensions

Press releases
Today, U.S. Secretary of Secretary Gina M. Raimondo released the following statement applauding the Pension Benefit Guaranty Corporation’s (PBCG) announcement of a final rule to better protect the pensions of millions of Americans. "Building a better America means investing in our infrastructure, our industry, and most importantly, our people. President Biden’s American Rescue Plan is making a...

U.S. Census Bureau Releases Key Stats in Celebration of the Fourth of July

Blog
Did You Know? 2.5 million The estimated number of people living in the newly independent nation in July 1776. 331,449,281 The nation’s population on April 1, 2020. 56 The number of signers of the Declaration of Independence. It is also worth noting that: John Hancock, a merchant by trade, was the first signer. In 2020, more than 1 million business establishments nationally with paid employees were...

First Responders Need Data. Can LTE Networks Come to the Rescue?

Blog
Urban and rural network models could tell us how first responders get critical information Push-to-Talk (PTT) radios are first responders’ primary means of communication in an emergency. These two-way radios rely on Land Mobile Radio (LMR) networks to carry signals. PTT radios and LMR networks are reliable and secure, and fire, police, and other emergency response teams know these systems well...

Secretary Raimondo Meets with Advisory Committee on Supply Chain Competitiveness

Press releases
Today, Secretary of Commerce Gina M. Raimondo met with the Advisory Committee on Supply Chain Competitiveness (ACSCC) to receive updates, hear recommendations, and gather additional feedback on supply chain-related issues. During the meeting, Secretary Raimondo underscored the importance of the ACSCC’s recommendations to help inform Administration supply chain-related policies and initiatives...

ICYMI: Three Companies Warn About Delayed Chip Funding As GlobalWafers Announcement Hinges On Bipartisan Innovation Act Passage

Press releases
This week, TSMC, Intel and Global Foundries all issued public warnings that continuing to delay chipmaking incentives could cause them to scale back their plans to make semiconductors in the U.S. Their announcements come days after GlobalWafers announced a CHIPS Act-dependent multi-billion investment that will fill a hole in the U.S. chip manufacturing supply chain. Congress continues to make...