This year’s Investment Summit was the largest in its history with representatives from every U.S. state and territory participating for the first time ever On the final day of the 2021 SelectUSA Investment Summit, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “The United States offers unmatched diversity, a culture of innovation, and the world’s most productive...

America’s marine economy contributed about $397 billion to the nation’s gross domestic product in 2019 and grew faster than the nation’s economy as a whole, according to the most current results of the first official Marine Economy Satellite Account released today by two Department of Commerce agencies. “America’s strong marine economy is absolutely vital for building back better,” said Secretary...

Today, the Biden-Harris Administration released its 100-day supply chain review of critical industries. As part of the review, the U.S. Department of Commerce conducted an analysis of risks pertaining to each segment of the semiconductor supply chain – from design and manufacturing to assembly, test, and packaging, as well as materials and semiconductor equipment – and provided recommendations to...

On June 1, President Biden’s issued a proclamation to the Nation honoring the history and achievements of the Lesbian, Gay, Bisexual, Transgender, and Queer (LGBTQ+) community and declaring June as Pride Month. Pride Month is not only a time to recognize their invaluable contributions, but to stand with them in solidarity in their ongoing struggle against discrimination and injustice. “Pride...

Vice President Kamala Harris, Secretary of Commerce Gina Raimondo, and Secretary of the Interior Deb Haaland announced today at the White House the availability of nearly $1 billion in U.S. Department of Commerce’s National Telecommunications and Information Administration (NTIA) grants to expand broadband access and adoption on Tribal land. The leaders called for significant broadband investments...

Following a meeting with the National Association of Home Builders senior officers, including NAHB CEO Jerry Howard, the U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “The residential construction industry is facing serious challenges because of supply chain constraints and the impact on home building, especially with respect to affordable housing. Today was a...

Good afternoon everyone. It’s great to be here. Thank you Mayor Davis-Younger, Senator Warner, Congresswoman Wexton, and Senator McPike for inviting me to join what I'm sure will be a great discussion on the importance of women-led small businesses. I want to hear what we can do in Washington to support you.  As the first female governor of Rhode Island and a former business owner, I understand...

On Friday, May 21, U.S. Commerce Secretary Gina M. Raimondo hosted a roundtable with Republic of Korea President Moon Jae-In, Minister of Trade, Industry, and Energy Sung Wook Moon and U.S. and South Korean CEOs to demonstrate the importance of the economic relationship between the United States and South Korea, and in particular, significant cross-border investments in sectors critical to the...