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Commerce Hosts Roundtable with VA Exploring Better Veterans Data for Better Veterans Care and Support

Under Secretary Doms discusses Census data on veterans with Veterans Service Organizations’ leaders and officials from the Departments of Commerce and Veterans Affairs.The Census Bureau collects data through the American Community Survey (ACS) that is incredibly valuable to serving our nation's veterans. This week we convened a meeting with the Department of Veterans Affairs (VA), led by Dat Tran, Deputy Assistant Secretary for Data Governance and Analysis, and representatives from leading Veterans Service Organizations (VSOs), such as the VFW, Disabled American Veterans, The Retired Enlisted Association and the National Military Family Association, to discuss how our data assets, including the ACS, can benefit their missions.

Supply Chains Take on Larger Role in Manufacturing

In March, the Department of Commerce and the White House released "Supply Chain Innovation: Strengthening America's Small Manufacturers." One of the figures in that paper showed that supply chain costs, as a percentage of manufacturing shipments, have grown over the past two decades, from 52 percent in 1992 to 59 percent in 2012.1 Those percentages were gleaned from Economic Census data published every five years, and they paint an interesting picture of the growing importa

New Advance Report on International Trade Available Today

Today, the U.S. Census Bureau released the first-ever Advance Report: U.S. International Trade in Goods. The Department of Commerce is "America's Data Agency," and this report is part of our ongoing efforts to release U.S. trade data to the public as quickly as possible. The Advance Report of U.S. trade data will be published up to a week before the full FT-900: U.S. International Trade in Goods and Services that is jointly issued by the Census Bureau and the Bureau of Economic Analysis (BEA).

Brainstorming Natural Capital in Cleveland

GM's Dr. Susan Smyth and DOC Chief Economist Dr. Sue Helper confab in ClevelandOn June 12th, a team from the National Oceanic and Atmospheric Administration (NOAA) and the Economics and Statistics Administration (ESA) headed to Cleveland, OH for the second of five Department of Commerce Natural Capital Business Roundtables. The roundtables will inform development of a DOC website to help businesses incorporate natural capital in their planning and operations. Natural capital includes the air, water, soil and living resources that provide a range of goods and services on which the global economy depends. 

White House Supply Chain Innovation Roundtable Brings Together Manufacturers Committed to Strengthening Small Manufacturers in Domestic Supply Chains

White House Supply Chain Innovation RoundtablePost by Dr. Sue Helper

On July 9, I attended a gathering of two dozen manufacturing executives to discuss ways to improve the competitiveness of America's supply chains. This exciting event is part of the White House Supply Chain Innovation Initiative that the President announced in March.

What Do We Know About Temporary Help Workers in the United States?

Employment in the temporary help services industry continues to grow and reached an all-time high in June, after adding 20,000 jobs. This industry now accounts for 2.4 percent of all private sector jobs in the U.S. economy. 

Data Jobs Will Keep Adding Up

Simple arithmetic tells us that data jobs are good.  They pay well, have low unemployment rates, and are expanding across many industries. More complicated arithmetic projects a bright future of growth.  Over the decade ending 2022, employment in data occupations—in which data analysis and processing are central to the work performed—is projected to grow 14.5 percent, faster than the 10.4 percent projected growth of ("for") non-data jobs. Research first published in The Importance of Data Occupations in the U.S. Economy highlights that these jobs not only are multiplying, but that they pay more than $40 an hour on average.  Data workers also are very unlikely to be unemployed.   This blog examines projected future growth in this field, courtesy of the Bureau of Labor Statistics' 2012-2022 employment projections.

Second Natural Capital Business Roundtable Set for June 12th in Cleveland

First roundtable held in Houston on April 16th and hosted by the Center for Energy Studies at Rice  University's Baker Institute for Public Policy.On June 12th, a joint team from the National Oceanic and Atmospheric Administration (NOAA) and the Economics and Statistics Administration (ESA) will head to Cleveland, OH, for the second in a series of five Department of Commerce Natural Capital Business Roundtables. The information needs that businesses identify during the roundtables will shape the development of a Commerce Department website to help businesses improve their bottom lines by considering natural capital in planning and operations. Natural capital includes the air, water, soil, and living resources that provide a range of goods and services on which the global economy depends.

Recent Trends in Manufacturing

Since the Great Recession, manufacturing has experienced a period of growth. In our June 2014 report, Manufacturing Since the Great Recession, Ryan Noonan and I provided an overview of recent trends in manufacturing. This blog updates those facts.  What we find is that while manufacturing is still recovering, the rebound has slowed somewhat in recent months.

Digitally Deliverable Services Remain an Important Component of U.S. Trade

Last year, DOC economist Jessica Nicholson and I wrote "Digital Economy and Cross-Border Trade: The Value of Digitally-Deliverable Services." In that report, we estimated the total value of U.S. trade in digitally-deliverable services—i.e., services that may be, but are not necessarily, delivered digitally. Since the publication of our report, we have received many requests to provide updated data on this valuable sector of our economy.

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