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Measuring the Value of the U.S. Space Economy

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The Space Economy Satellite Account (SESA) is a new, collaborative effort to measure the relative importance of the space sector on the U.S. economy, with a special emphasis on the growing commercial space segment. This new account is part of the economic satellite accounts produced by the Bureau of Economic Analysis (BEA). A satellite account refers to statistics that complement BEA's official U...

U.S. Economy Increases at a 2.1% Pace in the Third Quarter

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Real gross domestic product (GDP) increased 2.1 percent in the third quarter of 2019, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was unrevised from the “second” estimate released in November. In the second quarter, real GDP rose 2.0 percent. GDP highlights The third-quarter increase in real GDP reflected increases in consumer spending, government...

Why the Census Bureau Is Establishing a “Trust & Safety” Team

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The 2020 Census is a nationwide count of all people living in the United States that occurs only once every ten years. At the U.S. Census Bureau, we are devoting great resources, energy and passion to educating the public about the upcoming 2020 Census. We are joined in our efforts by thousands of partners, supporters and stakeholders across the country, including state, local and tribal...

Top 5 Commerce Blogs of 2019

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This past year, the Commerce Department and its diverse bureaus and agencies were active in promoting job creation and economic growth, ensuring fair and reciprocal trade, leveling the playing field for American workers, and providing critical economic data to policymakers and the public. To close out the year, we have put together a list of our top blogs for 2019. This past year, our readers top...

BEA Releases First Official Release of Gross Domestic Product by County

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Real gross domestic product (GDP) increased in 2,375 counties, decreased in 717, and was unchanged in 21 in 2018, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). The percentage change in real GDP ranged from 86.5 percent in Jackson County, WV, to -44.0 percent in Grant County, ND. GDP is the value of goods and services produced within a county. The size of a...

Holiday Fire Safety: Watering Your Christmas Tree Reduces Fire Hazard

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Every year in the U.S., fire departments respond to an estimated 210 home fires involving Christmas trees. Even though Christmas tree fires are infrequent, when they occur, they can be dangerous and costly. These fires cause an annual average of 6 civilian deaths, 16 civilian injuries, and $16.2 million in property damage. The good news is that by keeping your Christmas tree watered, you can enjoy...

USPTO Recognizes Nobel Prize in Chemistry Winners and Inventors

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December 10 is Nobel Prize Day, the day on which Nobel Prize laureates are awarded their medals by the Royal Swedish Academy in Stockholm, Sweden. On behalf of the USPTO, I congratulate this year’s Nobel Prize in Chemistry winners John B. Goodenough, M. Stanley Whittingham, and Akira Yoshino. These inventors have made valuable contributions in the field of electro-chemistry, leading to the...

4th American Workforce Policy Advisory Board Meeting

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Last week, Commerce Secretary Wilbur Ross joined Advisor to the President IvankaTrump in hosting the 4th meeting of the American Workforce Policy Advisory Board at the Indiana Women's Prison to highlight a workforce development program called “The Last Mile,” which teaches inmates coding skills.

“This is a very important initiative, not only from a workforce development point of view but