WASHINGTON – The U.S. Commerce Department’s Bureau of Economic Analysis today released personal income and outlays for June 2010. Personal income remained unchanged in June, and real disposable income increased 0.2 percent. Real personal consumption expenditures increased 0.1 percent in June and at a 1.6-percent annual rate in the second quarter.

“Employment in private industry is growing at a modest pace and this growth is helping to raise incomes among American families,” said U.S. Commerce Under Secretary for Economic Affairs Rebecca Blank. “Healthy consumer spending goes hand-in-hand with income and job growth, and the administration remains focused on boosting employment to ensure every American who wants a job can get one.” (Release)

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.

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 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.

Washington, DC —A new report from the Commerce Department’s Economics and Statistics Administration examines the possible effects of the 2010 Census on the U.S. economy.The report describes the complexities associated with arriving at precise estimates when considering a project of the magnitude and duration of the Decennial enumeration.