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Blog Category: Goods and services

Secretary's Statement on March U.S. International Trade in Goods and Services

The Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis today released a report on March 2010 U.S. International Trade in Goods and Services. Today’s report showed that U.S. exports in March 2010 increased by 3.2 percent to $147.9 billion from their February 2010 level. Imports in March increased 3.1 percent over February to $188.3 billion.

“The rise in imports shows increasing consumer confidence in America's economic recovery,” Commerce Secretary Gary Locke said. “It's heartening to see a corresponding increase in exports.

“This administration is focused on helping American businesses take advantage of the worldwide recovery underway, ramping up trade advocacy on all fronts – from providing credit to small businesses that want to export to increasing the number of trade experts who will help U.S. companies find buyers abroad to the continued rigorous enforcement of our trade laws.” (Full statement)

Secretary Locke Holds Exports Town Hall with Philadelphia Businesses

National Export Initiative logo. Click for more NEI information.

U.S. Commerce Secretary Gary Locke visited PENN Fishing Reels to discuss President Obama’s National Export Initiative and how it can help companies sell more of their goods and services overseas and create new jobs at home. Following a tour of the company’s manufacturing facility, Locke held a town hall meeting to highlight government resources available to businesses interested in selling their goods and services abroad. Locke was joined by U.S. Sen. Robert Casey, U.S. Rep. Chaka Fattah, Pennsylvania Gov. Ed Rendell and Mayor Michael Nutter. (More) (NEI) (Remarks)

Secretary Locke Statement on February 2010 U.S. International Trade in Goods and Services

Department of Commerce seal

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the February 2010 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 in February 2010 increased by 0.2 percent to $143.2 billion from their January 2010 level. Imports in February increased 1.7 percent over January to $182.9 billion. (More) (Release) (Fact sheet)

Secretary Locke Visits Chicago, Outlines Plans to Create American Jobs Through Exporting

Secretary Locke with participants.

U.S. Commerce Secretary Gary Locke is at the University of Chicago for an export promotion forum with U.S. Sen. Dick Durbin to discuss President Obama’s National Export Initiative (NEI) and what it will do to help U.S. companies, especially small- and medium-sized businesses, sell more of their goods and services overseas. Also speaking at the forum are U.S. Trade Representative Ron Kirk, SBA Administrator Karen Mills, and Export-Import Bank Chairman Fred Hochberg. The NEI aims to double U.S. exports over the next five years while supporting two million American jobs. (Remarks)

Secretary Locke, Senator Brown Highlight Effort to Boost Exports and U.S. Jobs in Ohio

Secretary Locke at microphone. Click for larger image.

U. S. Commerce Secretary Gary Locke traveled to Dublin, Ohio to talk to Americans about the administration’s plan to increase the sales of exports and support the creation of high-paying jobs through President Obama’s recently announced National Export Initiative (NEI). Locke was joined by Senator Sherrod Brown. Officials from the State and Agriculture Departments, the Office of the U.S. Trade Representative, the Export-Import Bank, and the U.S. Trade and Development Agency, also met with business leaders across the country to discuss the steps the Administration is taking to help businesses sell more U.S.-made goods and services abroad. (Remarks) (Release) (Export Promotion Cabinet release)

Secretary Locke Statement on January 2010 U.S. International Trade in Goods and Services

Department of Commerce seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the January 2010 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 in January 2010 decreased by 0.3 percent to $142.7 billion since December 2009. Imports in January decreased 1.7 percent over December to $180.0 billion. (More) (Fact sheet) (Release)

President Obama Signs the Travel Promotion Act of 2009 into Law

Secretary Locke at far left watches as President Obama signs Act. Click for larger image.

White House photo

President Obama signed the Travel Promotion Act of 2009 (TPA) into law, putting into place a new public-private partnership between the U.S. government and the nation’s travel and tourism industry. The U.S. Department of Commerce stands ready to work with the private sector to promote international travel to the United States. “When international visitors come to the United States they spend money on a wide range of goods and services that support U.S. jobs,” said Secretary of Commerce Gary Locke. “Creating a global tourism promotion program to encourage international visitors to vacation in America will help spur economic growth and create more jobs,” Locke said. (More)

Secretary Locke Statement on December 2009 U.S. International Trade in Goods and Services

Locke speaking from lectern.

File photo

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the December 2009 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 in December 2009 increased by 3.3 percent to $142.7 billion since November 2009. Imports in December increased 4.8 percent over November to $182.9 billion. Total U.S. exports decreased by 15 percent to $1.55 trillion for 2009 from 2008. The final trade deficit for 2009 was $381 billion with total U.S. imports of $1.93 trillion. (More) (Release)

Secretary Locke Statement on November 2009 Trade in Goods and Services Report

Department of Commerce seal

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the November 2009 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 increased by 0.9 percent to $138.2 billion since October 2009. Imports increased 2.6 percent to $174.6 billion. (More) (Fact Sheet) (Release)

Secretary Locke Statement on October 2009 Trade Numbers

Department of Commerce seal

On the eve of his trip to Copenhagen, U.S. Commerce Secretary Gary Locke issued the following statement on the release of the October 2009 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 increased by 2.6 percent to $136.8 billion since September 2009. Imports to the U.S. increased 0.4 percent to $169.8 billion. The trade deficit shrank 7.6 percent to $32.9 billion from a revised $35.7 in September. (More) (Release) (Fact sheet)

Secretary Locke Statement on U.S. International Trade in Goods and Services in September 2009

Portrait of Secretary Locke.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the September 2009 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 increased by 2.9 percent to $132.0 billion since August 2009. Imports increased 5.8 percent to $168.4 billion. (More)

Secretary Locke Addresses National DEC Conference on Importance of Exporting

District Export Council logo. Click to go to Web site.

U.S. Commerce Secretary Gary Locke spoke at the National District Export Council Conference (DEC). Locke discussed efforts to promote the sale of U.S. goods and services overseas, efforts that will create sustainable economic growth and good-paying jobs. Exporters from around the country discussed trade issues and exporting best practices. This year’s theme was “Global Competitiveness and the Opportunities for U.S. Exporters.” U.S. Trade Representative Ron Kirk, U.S. Small Business Administration Administrator Karen Mills, and Export-Import Bank Chairman and President Fred Hochberg joined Locke at the conference. (More) (Remarks)

Secretary Locke Statement on Trade Numbers

Department of Commerce seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the August 2009 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 increased by 0.2 percent to $128.2 billion since July 2009. Imports declined 0.6 percent to $158.9 billion. (More) (Release) (Fact Sheet)

Secretary Locke Statement on July 2009 Trade Numbers

Department of Commerce seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the July 2009 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 increased by 2.2 percent to $127.6 billion since June 2009. Imports increased 4.7 percent to $159.6 billion. (More) (Fact Sheet)

Secretary Locke Statement on Trade Numbers

Department of Commerce seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the June 2009 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 increased by 2 percent to $125.8 billion, which closely tracked the increase in imports, which rose 2.3 percent to $152.8 billion. The trade gap widened to $27 billion from $26 billion, better than analysts’ expectations. (More) (Release) (Fact Sheet)

Secretary Locke Statement on Trade Numbers

Photo of Secretary Locke.

File Photo

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the May 2009 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 increased by 1.6 percent to $123.3 billion since April 2009. Imports decreased 0.6 percent to $149.3 billion. The goods and services trade deficit has fallen to the lowest level in this decade. Overall, the trade deficit declined by 9.8 percent during the month. (More) (Fact Sheet)

U.S. Commerce Secretary Gary Locke Statement on Trade Numbers

U.S. Department of Commerce seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the April 2009 U.S. International Trade in Goods and Services that showed that U.S. exports decreased by 2.3 percent to $121.1 billion since March 2009. Imports decreased 1.4 percent to $150.3 billion. Overall, the trade deficit grew 2.2 percent during the same time period. “Today’s numbers remind us just how challenging the world economic environment is.That’s why it’s important we continue supporting American businesses by removing trade barriers and encouraging other countries to resist protectionist impulses.” (More)

Secretary Locke Statement on March 2009 Trade Numbers

Department of Commerce seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the March 2009 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 decreased by 2.4 percent to $123.6 billion since February 2009. Imports decreased 1.0 percent to $151.2 billion. Overall, the trade deficit grew 5.5 percent during the same time period. “Today’s numbers are better than many economists predicted, and it’s worth noting that the trade deficit is half of what it was in the first quarter of 2008.” (More) (Fact Sheet)

Commerce Secretary Gary Locke Statement on Trade Numbers

DOC seal.

U.S. Commerce Secretary Gary Locke issued the following statement on the release of the February 2009 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 increased by 1.6 percent to $126.8 billion since January 2009. Imports decreased 5.1 percent to $152.7 billion. Overall, the trade deficit shrank 28.3 percent during the same time period. (More)

BEA and Census Release Data on U.S. International Trade in Goods and Services

Department of Commerce seal.

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total December exports of $133.8 billion and imports of $173.7 billion resulted in a goods and services deficit of $39.9 billion, down from $41.6 billion in November, revised. December exports were $8.5 billion less than November exports of $142.3 billion. December imports were $10.2 billion less than November imports of $183.9 billion. (More) (U.S. Export Fact Sheet)