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The Department of Commerce is committed to creating the conditions for continued business and job growth by supporting advanced manufacturing, fostering innovation, increasing trade and investment, and equipping our workers with the skills and training needed to succeed in a competitive global economy.

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Cabinet Meeting Remarks on Workforce Training

Speeches
The President’s tax cuts and regulatory reform are creating a new wave of growth in our advanced manufacturing and technology industries, along with demand for thousands of skilled workers. Our strengthening economy is a godsend for many millions of Americans who want to be part of the workforce, and who now have the opportunity to participate productively in our economy. The lack of adequately...

313,000 New Jobs in February, Job Growth Strongest Since President Trump’s Election

Blog
The U.S. economy added 313,000 new jobs in the month of February, according to the February 2018 Employment Situation report published today by the Bureau of Labor Statistics. More from the Department of Labor : “Job growth was the strongest since President Trump’s election, with 313,000 jobs created in the month of February. The non-stop job creation since the election has yielded 2.9 million...

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

Blog
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...

Positive Economic Growth Continues, Unemployment Rate Lowest in 17 Years

Blog
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...

U.S. Secretary of Commerce Wilbur Ross Announces Hundreds of Billions in Deals Between U.S. Companies and Chinese Entities

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced the signing of approximately a quarter trillion dollars in deals facilitated by the Department of Commerce between private U.S. businesses and Chinese entities. The agreements, most of which occurred as part of the U.S. Department of Commerce’s 2017 U.S. CEO Delegation to China, will bring thousands of new jobs to America. “American...

U.S. Department of Commerce Releases Report on Promoting Energy Independence and Economic Growth Through Deregulation

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross submitted the Department of Commerce’s report in response to President Trump’s executive order “Promoting Energy Independence and Economic Growth” to Office of Management and Budget Director Mick Mulvaney. This report identifies and addresses regulatory burdens inside of the Department of Commerce that encumber energy production, strangle economic...

Statement from U.S. Secretary of Commerce Wilbur Ross on President Trump's Tax Reform Plan

Press releases
"President Trump’s tax plan will make our tax code more simple and fair, and help American business stay competitive. Accomplishing these objectives will lead to increased economic growth, and, most importantly, better jobs for the American worker. Our nation’s 3.6 million truckers will directly benefit from middle-class tax cuts and will benefit further from the growth spurred by corporate tax...

U.S. Department of Commerce Releases Report on Streamlining Government Permitting and Reducing Unnecessary Regulations on the Domestic Manufacturing Industry

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross released the Streamlining Permitting and Regulatory Burdens for American Manufacturers report that was submitted to President Donald Trump. This report, which gathered input from domestic manufacturers and industry stakeholders, identified 20 sets of regulations and permitting issues as being a top priority for reform and immediate action to begin...

Cut the Red Tape: Eliminating Excessive Regulation To Create Jobs and Growth Listening Session

Blog
On Monday, the second of October two thousand and seventeen from 2:00 pm - 3:00 pm in the Department of Commerce Library The Department of Commerce will hold a listening session entitled: Cut the Red Tape Eliminating Excessive Regulation To Create Jobs and Growth A summit hosted by Secretary Wilbur Ross The event is open to the public, and there will be an opportunity for questions, comments, and...

Statement from Secretary Wilbur Ross on President Trump’s Tax Reform Plan

Press releases
"Once again President Trump is delivering on his promises. The president's tax plan will put more money in every working family's pocket, bring back cash that is trapped overseas, and help convince both American and foreign businesses to build their next plants here. It will unshackle American businesses, which are hobbled on the world stage by an oppressive corporate tax rate that is the highest...