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Jun212016

Today, U.S. Secretary of Commerce Penny Pritzker concluded the Obama administration’s third and final SelectUSA Summit, which brought together international companies, domestic economic development organizations (EDOs), and a range of other stakeholders to explore job-creating investment opportunities throughout the United States. The highly successful, two-day Summit welcomed more than 2,500...

Jun202016

The U.S. Department of Commerce today released a new report that highlights the impact of foreign direct investment (FDI) on the U.S. economy. The Foreign Direct Investment in the United States: Update to 2013 Report examines recent trends in FDI and highlights newly released “greenfield” FDI data from the Department’s Bureau of Economic Analysis (BEA). The report notes that foreign direct...

Jun202016

The Commerce Department’s National Technical Information Service (NTIS) has reached a turning point. The agency published a Federal Register notice (FRN) announcing a new joint venture partnership (JVP) opportunity focused on improving access, analysis, and use of federal data and it is welcoming a new director, Avi Bender, formerly the chief technology officer at the U.S. Census Bureau.

Jun132016

U.S. Secretary of Commerce Penny Pritzker today announced that 22 U.S. Chiefs of Mission will join President Barack Obama, Secretary of State John Kerry, and other administration officials at the 2016 SelectUSA Investment Summit, June 20-21, at the Washington Hilton in Washington, D.C. The Summit will bring together international companies, domestic economic development organizations (EDOs), and...

Jun092016

U.S. Secretary of Commerce Penny Pritzker issued the following statement today regarding the National Telecommunications and Information Administration’s determination that the proposal submitted by the global Internet multistakeholder community meets the criteria NTIA outlined in March 2014 when it announced its intention to complete the privatization of the Internet’s domain name system. ...

Jun072016

U.S. Secretary of Commerce Penny Pritzker today announced the appointment of 19 private and public sector leaders to the newly established U.S. Investment Advisory Council (IAC). IAC members — representing U.S. companies, entities, and organizations with missions or activities that include the promotion or facilitation of foreign direct investment (FDI) — will serve as a key conduit for...

Jun032016

U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the April 2016 U.S. International Trade in Goods and Services monthly data. U.S. exports of goods and services increased to $182.8 billion in April from $180.2 billion in March. New monthly export records were established in telecommunications, computer, and information services -- $3.1 billion – and...

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