Thank you, Eric, for that introduction, and for your continued leadership. Hello everyone, and welcome to the Department of Commerce! It’s such a pleasure to join you all here to speak about the efforts we’re undertaking to ensure that all Americans and businesses have the resources they need to succeed and thrive. Let me just start by saying, there has never been a more important time for this...

Proposed CHIPS Investment Would Establish the First Domestic Source of 300mm Silicon Wafers for Advanced Chips and Expand Production of Silicon-on-Insulator Wafers, Strengthening the Domestic Supply Chain for Key Semiconductor Components Today, as part of the Investing in America tour, the Biden-Harris Administration announced that the U.S. Department of Commerce and GlobalWafers America, LLC and...

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...

On June 18, the Department of Commerce Office of Faith-Based & Neighborhood Partnerships, in partnership with the Boys & Girls Clubs of Greater Washington, held the National Youth Summit 2.0 in Washington, DC. Secretary Raimondo, Deputy Secretary Graves, Acting Under Secretary Morrissette, and President and CEO of BGCGW Gabrielle Webster led the event with keynote remarks emphasizing the...

Today, two years after the U.S. Department of Commerce issued the National Travel and Tourism Strategy and set an ambitious five-year goal to welcome 90 million international visitors annually by 2027, the Department is announcing we expect to reach that goal ahead of schedule. According to the latest estimates from the International Trade Administration, the United States expects to welcome 91...

Today, as part of President Biden’s Investing in America agenda, the U.S. Department of Commerce issued a Notice of Intent (NOI) to open a competition for new research and development (R&D) activities that will establish and accelerate domestic capacity for semiconductor advanced packaging. The CHIPS for America program anticipates up to $1.6 billion in funding innovation across five R&D areas, as...

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...

The Department of Commerce is calling for nominations for the 2024 Sustainability, Energy, and Environmental (SEE) Ambassadors program. The SEE Ambassadors program recognizes individual Departmental employees for outstanding performance in implementing exceptional projects and/or programs helping the Department meet sustainability, energy and water reduction, clean energy, climate change...