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New Commerce Department Reports Lay Foundation for Measuring Green Economy, Carbon Dioxide Emissions

Washington, DC - The U.S. Commerce Department’s Economics and Statistics Administration today released two new reports: one that defines and measures the size and scope of the green economy and another that looks at the ways in which the American economy's greenhouse gas emissions have changed over the past decade. Together, they provide valuable analytic tools needed to understand the emerging green economy, quantify greenhouse gas emissions and help inform future policy decisions.

Report on Gross Domestic Product Statistics for Four U.S. Territories Released

Washington, DC—The U.S. Department of Commerce released newly-developed Gross Domestic Product (GDP) statistics for American Samoa, Guam, the Commonwealth of the Northern Mariana Islands and the U.S. Virgin Islands. The statistics are a product of a joint effort of the Department of Commerce’s Bureau of Economic Analysis and the Interior Department’s Office of Insular Affairs. Policy makers will now have an objective view of the size of these economies, their growth or contraction, and their major components in order to conduct economic-impact analysis on the effects of local and national policy decisions. (More)

Commerce Issues Report on Role of Patent Reform in Supporting Innovation and Job Creation

Reforming America’s patent system will accelerate economic growth and job creation, and expand America’s ability to innovate, according to a new report released today by the U.S. Department of Commerce. The paper, titled “Patent Reform—Unleashing Innovation, Promoting Economic Growth and Producing High-Paying Jobs,” was authored by the Commerce Department’s Chief Economist Mark Doms, the United States Patent and Trademark Office’s (USPTO’s) Chief Economist Stuart Graham and USPTO’s Administrator for External Affairs Arti Rai.

New Commerce Report Shows Growing Exports Key to Job Creation

Washington, DC – A U.S. Department of Commerce report released today confirms the importance of exports to the U.S. economy and the increasingly globalized marketplace. According to Exports Support American Jobs, in 2008, exports accounted for a record 12.7 percent of U.S. gross domestic product (GDP), and during a period of relatively flat job growth across the economy, supported a record number of jobs – more than 10 million.

Under Secretary Blank First Featured on New White House Web Site

Washington, DC - One of the goals of the Council on Women and Girls is to call attention to the inspirational women working in the Federal Government and to learn more about their paths to their current positions. In the first of this series, Meet the Women of the Administration, we asked Dr. Rebecca Blank to reflect on how she developed an interest and expertise in economics and to weigh in on how she balances work and family. Take a look and find out what keeps Dr. Blank going! (More)

Working for Change Policy Forum Features Under Secretary Blank

Washington, DC – Under Secretary Blank was a featured speaker and panelist at the “Working for Change” poverty policy forum on Capitol Hill.  Blank said, “the new Supplemental Poverty Measure will provide an alternative lens to understand poverty and measure the effects of anti-poverty policies.”  The forum presented information to congressional staffers and other organizations about how poverty is defined, and the new poverty measure that is being implemented in New York.  The “Working for Change” policy forum is sponsored by the Community Service Society (CSS) which is a nonprofit organization that has been fighting poverty in New York for over 160 years.  In recent years, their work has focused on using work and employment opportu

Undersecretary for Economic Affairs Rebecca Blank Promotes Census in Schools in Hawaii

Kalihi, Hawaii —Commerce Under Secretary for Economic Affairs Rebecca Blank urged Hawaiians to participate in the 2010 Census at a Census in Schools event at the Linapuni Elementary School on Tuesday. “As you know, Hawaii was an undercounted state in the 2000 Census, and we don’t want that to happen in 2010,” Blank said. “The complete count of our children nationwide is critical to their health, education and the future strength of our communities and labor force. That’s why it’s so important parents list their children on the 2010 Census form and mail it back.” (More)

U.S.-Chinese Statistics Working Group Reports On Differences in U.S.-China Trade Data

Washington, DC – The U.S. Department of Commerce is today releasing findings of an analytic report on the differences between the official trade statistics produced by the United States and China. This report was prepared cooperatively by analysts in the United States and China as part of the U.S.-China Joint Commission on Commerce and Trade Statistics Working Group (JCCT SWG).

Census Bureau to Develop Supplemental Poverty Measure

New measurement will complement but not replace existing statistic

The Commerce Department’s U.S. Census Bureau is preparing to develop a Supplemental Poverty Measure that will use the best new data and methodologies to obtain an improved understanding of the economic well-being of American families and of how federal policies affect those living in poverty. The initiative to create the new statistic is included in the President’s FY2011 budget proposal.

Under Secretary Blank Updates 2010 Census Partners

Undersecretary Rebecca Blank at the National Congres of American IndiansWashington, DC (March 2, 2010)- Under Secretary of Economic Affairs Becky Blank spoke on behalf of Secretary Locke at the National Conference of American Indians (NCAI) Winter Conference on the importance of participating in the 2010 Census.