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Remarks by U.S. Commerce Secretary Wilbur L. Ross at the Florida Chamber of Commerce, Miami International Airport

Speeches
Introduced by Ken Pyatt, Deputy Director of the Miami-Dade County Aviation Department. Thank you, Ken, for the kind introduction. Thank you all for being here today. And a special thank you to Eduardo Torres and your team at the U.S. Export Assistance Center of South Florida for all you do for the business community in this region of the country. On behalf of President Trump, I am delighted to...

Statement from U.S. Secretary of Commerce Wilbur Ross on Q1 2019 GDP Growth

Press releases
WASHINGTON – Today, the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) released the first quarter 2019 Gross Domestic Product (GDP) numbers. The Bureau found that the real gross domestic product increased at an annual rate of 3.2 percent in the first quarter of 2019. “This blockbuster GDP report shows that President Donald J. Trump’s policies are unleashing the vitality of the...

U.S. Economic Growth Reached 3.1 Percent Growth In 2018

Blog
No economic analysis can be considered complete without appreciation for the many different estimates and assessments that go into evaluating our country’s economy. The Department of Commerce provides many of the economic indicators that business, government and Americans of all stripes rely on, including our regular estimates of U.S. GDP growth. During 2018, real GDP grew 3.1 percent, the fastest...

Statement from Secretary Ross on the President’s Budget: “A Budget For A Better America”

Press releases
The President’s budget sets forth policies that will ensure the continued economic successes of the Trump Administration. The Budget for a Better America follows through on the President’s promise to expand our nation's economic leadership. The budget also fulfills the President’s promise to rebuild America’s military, providing our troops with the resources they need to keep our country safe. At...

Statement from U.S. Secretary of Commerce Wilbur Ross on Q4 and Annual 2018 GDP: Economy Grows 2.9% in 2018

Press releases
Today, the Department of Commerce’s Bureau of Economic Analysis (BEA) released the fourth quarter and annual gross domestic product (GDP) numbers. The Bureau found that the real gross domestic product increased at an annual rate of 2.6 percent in the fourth quarter and 2.9 percent for all of 2018. “President Donald Trump has unleashed American growth at a pace the experts thought was not possible,...

Remarks by Commerce Secretary Wilbur L. Ross at the USPTO Ceremony Honoring Senator Orrin Hatch

Speeches
Thank you, Andrei, for that kind introduction. I, too, have a lyric from one of the Senator’s repertoire of songs. It’s a rock-n-roll number and it goes like this: “America Rocks, when we sing allegiance to this country that we love: Ooooo-yeah.” “Ooooo-yeah”: There isn’t a better way to describe the implacable spirit that Senator Hatch brings to his song writing, and to his unabated commitment to...

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...

Helping the American Economy Grow: 2018–2022 Strategic Plan

Blog
I’m excited to present the U.S. Department of Commerce’s 2018–2022 Strategic Plan . It sets out the priorities I’ve established for the Department and informs the public about our important work. The Department of Commerce has one overarching purpose: Helping the American Economy Grow . American workers and businesses operate in a rapidly changing and increasingly competitive world. To address...

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...

Registration Now Open For 2018 SelectUSA Investment Summit

Blog
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...