As we welcome 2025, we reflect on some of the most popular stories from 2024. These stories demonstrate the Commerce Department’s commitment to building an economy that works for all Americans, including increasing access to affordable, reliable high-speed Internet, revitalizing the semiconductor and manufacturing industries, and producing accurate and reliable data on our Nation’s economy and the...

“Our manufacturing future, our economic future, our solutions to the climate crisis are all going to be made in America, creating good jobs.” - President Joe Biden The U.S. manufacturing sector contributes $2.65 trillion to the U.S. economy , employs nearly 13 million American workers , and accounts for 10.3 percent of the nation’s GDP. Manufacturing Month is a time to recognize U.S. manufacturers...

Last week, U.S. Commerce Secretary Gina Raimondo and Deputy Secretary Don Graves participated in the 41st Annual National Minority Enterprise Development (MED) Week, where they honored the achievements of U.S. minority -owned business enterprises. Together they reaffirmed the Biden-Harris Administration’s commitment to advancing economic equity and equality and ensuring that minority-owned...

Since taking office, the Biden-Harris Administration has created nearly 16 million jobs, unemployment among Latinos is at a record low, and Latino entrepreneurs have started new businesses at the fastest rate in over 25 years. In honor of Hispanic Heritage Month, Secretary Raimondo and Deputy Secretary Graves participated in two events that both honored these achievements. They reiterated the...

This Labor Day, we honor American workers and celebrate the strength and diversity of our nation’s workforce. The Biden-Harris Administration is committed to ensuring that all workers—including women, people of color, veterans, and those that have been historically left behind—have equitable access to job opportunities and are equipped with the skills needed to secure good-paying jobs. Thanks to...

Two years ago today, President Biden signed the historic and bipartisan CHIPS and Science Act into law investing nearly $53 billion in funding to bring semiconductor supply chains back to the U.S, create jobs, support American innovation, and protect our national security. To date, the Commerce Department has announced over $30 billion in proposed CHIPS private sector investments spanning 23...

Rising Wages and Historic Small Business Growth Add to Strong American Economy The Labor Department’s Bureau of Labor Statistics reported that consumer prices dropped 0.1% in June, with core inflation being the lowest in more than three years. In addition, BLS reported that the U.S. economy added 206,000 jobs in June, exceeding expectations. In total, a record 15.7 million jobs have been created...

As evidenced by record high jobs and low unemployment, President Biden has placed an important emphasis on creating good quality and high-paying jobs for all Americans. And thanks to funding from the historic CHIPS and Science Act, the Bipartisan Infrastructure Law, and the Inflation Reduction Act, construction jobs are in high demand. To fill these jobs, Commerce Secretary Gina Raimondo continues...