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Minority Businesses Help Drive America’s Economic Success

Blog
Minority entrepreneurs make critical contributions to our economy generating nearly $2 trillion in revenue each year. However, an equity gap remains between minority and non-minority-owned businesses. Last week, Deputy Commerce Secretary Don Graves spoke about the need to close this equity gap at the 40 th Annual Minority Enterprise Development (MED) Week . Hosted by Commerce’s Minority Business...

National First Responders Day: A Frontline Perspective on Sacrifice

Blog
By Renee Gordon, FirstNet Authority Board Vice Chair Being a first responder is not for the faint of heart. Every day, you are put to the test – in mind, body, and spirit. You must be willing to sacrifice everything in service of others. First responders are true heroes. On October 28, we celebrate National First Responders Day and the bravery and dedication of our nation’s heroes. The law of...

National Cybersecurity Month: Protecting Yourself Online

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By Ryan A. Higgins, Department of Commerce Chief Information Security Officer The 20 th anniversary of National Cybersecurity Awareness Month is an excellent reminder that not only are cyber threats still a serious issue, but they have also grown and become more sophisticated. Thankfully, protecting ourselves online has been made easier than ever with the adoption of new technologies to...

By the Numbers: Third Quarter Economic Growth Exceeds Expectations

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Consumer Confidence on Rise as Americans Make and Spend More Today, the U.S. Commerce Department’s Bureau of Economic Analysis (BEA) reported third quarter real gross domestic product (GDP) increased at an annual rate of 4.9%, exceeding expectations. The increase in GDP is in large part due to Americans spending and making more. Consumer confidence is strong. Today’s report shows consumer spending...

Commerce at the Forefront in Improving Nation's Cybersecurity

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Commerce Secretary Gina Raimondo recently announced restrictions on exporting artificial intelligence and advanced computer chips that violate international trade rules, impose risks on our nation’s cybersecurity, and seriously threaten the stability of industrial supply chains. Imposed and enforced by Commerce’s Bureau of Industry and Security (BIS) , these export controls are fundamental to...

Unlocking the Full Potential of Our Economy by Investing in Women and Girls

Blog
Eleven years ago today, the United States joined nations around the world in establishing the International Day of the Girl to acknowledge the struggles facing young girls and strengthen their commitment to expanding resources and opportunities to help girls and women succeed and thrive. Today, First Lady Jill Biden hosted an event to honor 15 girls in the U.S. who are leading change by tackling...

Training a World-Leading and Diverse Manufacturing Workforce

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President Biden is committed to revitalizing American manufacturing and innovation, particularly in the manufacturing of semiconductors or chips. A skilled and diverse pipeline of workers is critical to building a sustainable domestic semiconductor industry. The skilled workers who will fill these jobs have never been in higher demand, and the United States is poised to expand and strengthen the...

Deputy Secretary of Commerce Don Graves Concludes Cybersecurity Trade Mission to the Republic of Korea and Japan

Blog
From September 20 – 26, U.S. Deputy Secretary of Commerce Don Graves led 15 American companies on a Cybersecurity Trade Mission to the Republic of Korea and Japan following President Biden’s Trilateral Summit with President Yoon of Korea and Prime Minister Kishida of Japan. During his visit to the Seoul , Deputy Secretary Graves held meetings with several Korean government officials and discussed...