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Year in Review: Our Most Popular Stories of 2017

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As we close out the year 2017, we reflect on some of the most popular stories of this past year. The Department of Commerce continues to work every day to promote job creation and economic growth by ensuring fair and secure trade, providing the data necessary to support commerce, and fostering innovation by setting standards and conducting foundational research and development. The following blogs...

Tax Cuts Act a Win for American Business and the American Worker

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Earlier this week, Congress passed the first overhaul of the U.S. tax system in more than three decades. The historic Tax Cuts and Jobs Act will cut taxes across the board for working families and businesses both large and small. The Act also will make American more competitive, will bolster continued job creation and will help increase wages for American workers. “President Trump’s tax plan will...

Leveraging Open Data to Fuel American Innovation

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Leveraging open data is a priority for the Trump Administration, as part of its long-term commitment to modernize government and as a key driver of the American economy. Recently, the U.S. Patent and Trademark Office (USPTO) announced newly-released data giving the public new insights regarding the ins and outs of the patent process, while also providing the USPTO with more meaningful metrics so...

Positive Economic Growth Continues, Unemployment Rate Lowest in 17 Years

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Today, the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) announced that 228,000 jobs were added to the American economy in November, and 1.7 million jobs have been added since January of this year. This marks a 17-year low for unemployment at 4.1%. In addition, the unemployment rate in manufacturing dropped to 2.6% – the lowest rate recorded since BLS began measuring it in 2000. Last...

Personal Income Increased in October

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The Bureau of Economic Analysis (BEA) announced today that personal income increased by 0.4 percent in October 2017, marking the second month in a row that personal income increased by 0.4 percent. More from BEA: Real Disposable Personal Income Rises in October Personal income increased 0.4 percent in October, the same increase as in September. Wages and salaries, the largest component of personal...

Registration Now Open For 2018 SelectUSA Investment Summit

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Today, I am pleased to announce that registration is open for the 2018 SelectUSA Investment Summit, with this year’s theme of: Invest Here. Grow Here. Succeed Here. The SelectUSA Investment Summit will take place on June 20-22, 2018, at the Gaylord National Resort and Convention Center near Washington. The goal is to connect global business leaders with U.S. states and their economic development...

U.S. Economy Grows Faster than Expected in 3rd Quarter

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The Bureau of Economic Analysis (BEA) announced that the U.S. economy grew at a 3.3 percent pace in their third quarter of 2017 – faster than their initial estimate of 3.0 percent. More from BEA: GDP Increases in Third Quarter Real gross domestic product (GDP) increased 3.3 percent in the third quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. In the...

Spotlight on Commerce: Sydnee Chattin, U.S. Census Bureau

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Ed. note: This post is part of the Spotlight on Commerce series highlighting the contributions of Department of Commerce employees during National Native American Heritage Month. By Sydnee Chattin, Assistant Division Chief, Decennial Support Programs, Field Division, U.S. Census Bureau I serve as the Assistant Division Chief, Decennial Support Programs, Field Division at the U.S. Census Bureau. My...