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By the Numbers: U.S. Economy Adds Over 350,000 Jobs in January Exceeding Expectations

Blog
Hiring Increases Due to Rise in Consumer Confidence and Spending Kicking off 2024, the U.S. Labor Department’s Bureau of Labor Statistics reported last week that the U.S. economy added over 350,000 jobs in January – far exceeding expectations. The unemployment rate was 3.7 percent for the third month in a row coming in below 4% for two straight years – the longest such streak since the 1960s. In...

Remarks by Commerce Secretary Gina Raimondo at the White House Commission on Hispanics

Speeches
Thank you for that introduction. Welcome, everyone, to the Commerce Department. And thank you all for your willingness to serve on this commission. America’s growing and vibrant Hispanic communities are a driving force in our economy. I saw it firsthand during my time as Governor of Rhode Island, where the Hispanic population grew by nearly 40 percent in the last decade. More than 375,000 of our...

Raimondo Statement on Steel and Aluminum Tariff Rate Quota Extension

Press releases
U.S. Secretary of Commerce Gina M. Raimondo released the following statement after President Biden signed two Presidential Proclamations to extend the European Union’s access to U.S. tariff rate quotas (TRQs) for steel and aluminum for two additional years. “President Biden’s economic agenda is rooted in standing up for American families, workers, and businesses. The actions he’s taking today to...

Biden-Harris Administration Announces New Agreement Between Seven Federal Agencies to Implement the American Climate Corps 

Press releases
U.S. Department of Commerce signs Memorandum of Understanding to shape President Biden’s American Climate Corps    Administration announces listening sessions in January to hear directly from prospective applicants Today, the Biden-Harris Administration is taking critical steps to advance the American Climate Corps, a landmark initiative announced by President Biden earlier this year to train the...

Commerce’s Bureau of Economic Analysis Reports Outdoor Recreation Economy Tops $1 Trillion in 2022

Blog
Travel and Tourism Leads by Industry, Reflecting Growth in Spending on Transportation, Hotels, and Restaurants People are getting out more and outdoor recreation continues to drive America’s economy. According to last month’s report from the Commerce Department’s U.S. Bureau of Economic Analysis (BEA), the outdoor recreation economy topped $1 trillion for the first time with significant growth in...

Remarks by U.S. Secretary of Commerce Gina Raimondo at BAE Systems in Nashua, New Hampshire

Speeches
Thank you, Tom. Good morning! This is a big day – a big day for the United States and a big day for New Hampshire. I’m so pleased we’re joined by Senator Shaheen, who played a huge role in making sure that this bill happened and that the Commerce Department received the funding. And Senator Hassan, also such a staunch advocate for the people of New Hampshire. Thank you to Assistant Secretary of...

U.S. Secretary of Commerce Gina Raimondo to Travel to Brazil to Co-Chair the 12th Plenary of U.S. Brazil CEO Forum, Strengthen Bilateral Relationship

Press releases
U.S. Secretary of Commerce Gina Raimondo will travel to Brasilia, Brazil this week to strengthen the U.S.-Brazil bilateral relationship. During her visit, Raimondo will meet with government officials and business leaders to discuss trade and investment opportunities, areas of cooperation on climate action, and the importance of supply chain resilience. Secretary Raimondo will co-chair the 12 th...

Remarks by U.S. Secretary of Commerce Gina Raimondo at the Ukraine Defense Industrial Base Conference

Speeches
Good morning. Welcome to the members of the Ukrainian Government, U.S. and Ukrainian industry, as well as our guests from NATO. And thank you to the National Security Council, the Departments of Defense and State, and the U.S.-Ukraine Business Council. Russia’s brutal invasion of Ukraine has resulted in the deaths of thousands of Ukrainian men, women, and children. The Russian military has...