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Press Releases

Announcements from the U.S. Department of Commerce

Statement from Acting U.S. Commerce Secretary Rebecca Blank on U.S. International Trade in Goods and Services in August 2011

WASHINGTON – Acting U.S. Commerce Secretary Rebecca Blank issued the following statement today on the release of the August 2011 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis.  Today’s report showed that U.S. exports of goods and services in August 2011 decreased 0.1 percent from July 2011 to $177.6 billion.  This month’s exports of petroleum products ($10.3 billion) were the highest on record.  This month’s exports of services ($50.9 billion) were also the highest on record leading the U.S. trade surplus in services to reach a record $15.8 billion in August.  U.S. imports of goods and services also decreased $111 million to reach $223.2 billion, causing the U.S.

Acting U.S. Commerce Secretary Rebecca Blank Highlights Key Role of Education in Promoting Racial and Ethnic Equality in STEM

Commerce’s Economics and Statistics Administration Releases Third and Final STEM Report

WASHINGTON, D.C. – Acting U.S. Commerce Secretary Rebecca Blank unveiled findings from the Economics and Statistics Administration’s (ESA) third and final report on science, technology, engineering and math (STEM) jobs and education today at a Brookings Institution forum on advancing STEM education in the United States. Education Supports Racial and Ethnic Equality in STEM analyzes the demographic composition and educational background of STEM workers, looking at representation disparities within these critical fields that promote U.S. innovation and economic competitiveness.

Statement from Acting U.S. Commerce Secretary Rebecca Blank on U.S. International Trade in Goods and Services in July 2011

WASHINGTON, D.C. – Acting U.S. Commerce Secretary Rebecca Blank issued the following statement today on the release of the July 2011 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports of goods and services in July increased 3.6 percent from June to $178.0 billion. The value of exports in July, as well as the individual export values for goods and services, was the highest on record. Exports of capital goods ($42.1 billion) and exports to South and Central America were also the highest on record in July ($14.7 billion). U.S. imports of goods and services decreased 0.2 percent over this period to $222.8 billion, causing the U.S.

Statement from Acting U.S. Commerce Secretary Dr. Rebecca Blank on Retail Sales in July 2011

WASHINGTON – The Commerce Department’s U.S. Census Bureau today released retail sales data for July 2011. Retail sales increased 0.5 percent, similar to private-sector expectations, and sales in May and June were revised upward, each by 0.2 percent. Motor vehicle sales increased 0.5 percent in July, and sales at gasoline stations jumped 1.6 percent. Sales excluding those at motor vehicle and parts dealers and gasoline stations also rose 0.5 percent.

Statement from Acting U.S. Commerce Secretary Rebecca Blank on U.S. International Trade in Goods and Services in June 2011

WASHINGTON, D.C. – Acting U.S. Commerce Secretary Rebecca Blank issued the following statement today on the release of the June 2011 U.S. International Trade in Goods and Services report by the Commerce Department's U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today's report showed that U.S. exports of goods and services in June 2011 decreased 2.3 percent from May 2011 to $170.9 billion. The monthly export value for U.S. consumer goods ($15.0 billion) was the highest on record. U.S. imports of goods and services decreased 0.8 percent over this period to $223.9 billion, causing the U.S. trade deficit to increase 4.4 percent since May 2011 to reach $53.1 billion in June 2011.