THIS IS AN ARCHIVED SITE
This site contains information from January 2009-December 2014. Click HERE to go the CURRENT commerce.gov website.

Blog Category: Jobs

Accelerating Advanced Manufacturing in America

Cross-Posted from The White House

Blog by Secretary of Commerce Penny Pritzker and Director of the National Economic Council and Assistant to the President for Economic Policy Jeff Zients 

On Monday, we had the privilege of participating alongside the President in a meeting with his American Manufacturing Partnership (AMP) Steering Committee.

AMP -- led by its co-chairs, Dow’s Andrew Liveris and MIT’s Rafael Reif -- presented its final report with a set of new recommendations, and we discussed additional policy steps we’re taking to respond to them.

The President created AMP -- a working group of 19 leaders in industry, academia, and labor -- in June 2011 as part of his continuing effort to maintain the competitive edge on emerging technologies and invest in the future of our manufacturing sector. We’ve come a long way since then, and the policies fueled by AMP’s recommendations have been a big contributor to that progress.

When the President first launched AMP, unemployment was at 9.1 percent. We were just starting to see some fragile signs of life in the manufacturing sector after more than a decade of erosion. But not many shared our view that together we could build a foundation to revitalize American manufacturing or that manufacturing could continue to play a central role in our economy and our ability to innovate.

Contrast that picture to today. Growth has steadily strengthened and recently accelerated, with GDP rising 2.6 percent over the past year, faster than the 2.0 percent annualized pace of the preceding two years. Job growth is accelerating too. Unemployment is now down to 5.9 percent, falling 1.3 percentage points in the last year.

Our manufacturing sector is getting stronger too. After more than a decade of job losses, we’ve added more than 700,000 manufacturing jobs over nearly five straight years of job growth. Those jobs lead to others along the supply chain and in local communities. U.S. manufacturing is now growing at nearly twice the rate of the economy, the longest sustained period of outpacing the overall economy since the 1960s.

Last year, for the first time since 2001, the U.S. was ranked first in a survey of business leaders as a destination for investment, a ranking we repeated this year. In another recent study, 54 percent of American manufacturers with operations overseas reported they are considering bringing manufacturing back to the United States. 

And AMP has been central in getting us here.

Lutheran Services in America Works to Strengthen Local Communities

Charlotte Haberaecker, President and CEO of Lutheran Services in America (LSA)

Ed. Note: This post is part of the Commerce in the Community series highlighting the work of community leaders and organizations that are strengthening the middle class and providing ladders of opportunity for all Americans.

Below is an interview with Charlotte Haberaecker, President and CEO of Lutheran Services in America (LSA), one of the nation’s largest health and human services networks. Prior to joining LSA in 2012, Charlotte was the number-two executive at Global Impact, a $110 million non-profit organization that provides funding for critical humanitarian needs at home and around the world. Previously, she held senior leadership positions at Price Waterhouse where she directed a management consulting practice and Fannie Mae where she led an industry transformation initiative. 

Q1: Tell us about Lutheran Services in America. What is your mission and main focus?

Lutheran Services in America (www.lutheranservices.org) is one of the largest health and human services networks in the country. Our more than 300 members provide a broad range of critical services from health care to children and family services, senior services, disaster relief, refugee services, disability support, housing, and employment support, among others.  Collectively, LSA members touch the lives of 1 in 50 Americans each year in thousands of communities across the United States.

Ranked at #25 on the Philanthropy 400, the LSA network represents close to $21 billion in combined annual revenues in the U.S. Our members employ close to 250,000 people in all 50 states and parts of the U.S. Virgin Islands. Our members provide services to all, regardless of their religious affiliation, race, or social or economic background.

LSA works to ensure our members’ resilience in an increasingly evolving environment. Our newly revised mission is to “build valuable connections, amplify our voices and empower our members,” and our vision is a network of “connected, strong and thriving” members that “transform the lives of people and communities.” A distinguishing characteristic of our network is the deep trust and sharing that come from a shared set of values and goals. Our network strives to help people become self-sufficient so they can lead more independent, secure and higher quality lives. The deep trust facilitates rapid innovation and scale.

We help our members to build resilience through specialized programming for CEOs and executives; we also work to help build the capacity and infrastructure of our member organizations, for example by exploring new business models that can create more sustainable revenue streams. We also find opportunities for our 307 members to work together to achieve outcomes they couldn’t achieve on their own so they can grow and continue to serve their communities for generations to come.

Commerce in the Community: Rising Tide Capital works to improve traditionally disadvantaged communities by empowering local entrepreneurs to start and grow their businesses.

Alex Forrester, Co-Founder and Cheif Operations Officer of Rising Tide Capital

Ed. Note: This post is part of the Commerce in the Community series highlighting the work of community leaders and organizations that are strengthening the middle class and providing ladders of opportunity for all Americans.

Below is an interview with Alex Forrester, Co-Founder and Chief Operations Officer of Rising Tide Capital, a nonprofit organization that provides high-quality business education and consulting to low- and moderate-income entrepreneurs in Northern NJ. Rising Tide Capital has achieved national recognition for its approach to economic empowerment of low-income individuals and communities through entrepreneurship. In 2009, Rising Tide Capital was selected as a CNN Hero and recognized by President Barack Obama in a White House speech on innovative non-profit organizations.

Q1: Tell us about Rising Tide Capital. What is your mission and main focus?

Rising Tide Capital is a nonprofit organization committed to the economic empowerment of low-income families and communities through entrepreneurship. By providing high-quality business education and consulting services and by partnering with local microfinance agencies, our goal is to help create jobs and economic opportunity in the neighborhoods that need them most by investing in the success of the talented men and women who live there.

We believe in the value of the work we do at Rising Tide Capital because it leverages an immense amount of entrepreneurial activity that is already going on in low-income neighborhoods and tries to invest in those efforts in ways that can confront the extremely challenging context of working poverty in modern America. Due to unemployment, underemployment, and low-wage work, many urban communities have large numbers of poor and working-poor families. These families struggle with financial self-sufficiency and often have difficulty covering basic expenses like rent and electricity. The emotional and psychological stress of financial insecurity—and the anxiety and depression that so often develops—is at the root of what keeps poor communities poor.

Fishing’s Impacts Ripple across the Broader Economy

1.7 million jobs supported by U.S. commercial and recreational fishing industries in 2012

Guest blog post by Eileen Sobeck, NOAA’s Assistant Administrator for Fisheries

Fishing is big business in the United States. From commercial fisheries to recreational and charter boat business owners, fishing contributes to the United States’ economy and supports jobs. According to new reports issued today by NOAA Fisheries, we continue to see positive economic impacts from commercial and recreational U.S. fisheries as well as progress in rebuilding our nation’s fish stocks.

Between 2011 and 2012 alone, U.S. commercial and recreational saltwater fishing generated more than $199 billion in sales impacts, contributed $89 billion to gross domestic product, and supported 1.7 million jobs.

Breaking down the numbers a little more, the value chain of the commercial fishing industry—harvesters, processors, dealers, wholesalers, and retailers—generated $141 billion in sales, $39 billion in income and supported 1.3 million jobs in 2012.

The recreational fishing sector generated $58 billion in sales, $19 billion in income, and supported 381,000 jobs in 2012.

Surprised? You shouldn’t be. The United States is a world leader in responsibly managed fisheries, and there’s no doubt that our approach to management is directly tied to the positive economic impacts across the broader U.S. economy in the last few years as we see in the Fisheries Economics of the U.S. 2012 report.

Secretary Penny Pritzker Returns to Chicago for First Official Visit

Secretary Penny Pritzker Returns to Chicago for First Official Visit

U.S. Secretary of Commerce Penny Pritzker returned to Chicago yesterday, making her first visit to her hometown in her official capacity as head of the Department.
 
Speaking at an event hosted by Google and World Business Chicago, a public-private partnership that seeks to foster private sector growth and jobs through the advancement of a business-friendly environment, Secretary Pritzker delivered remarks and participated in a “fireside chat” with Chicago Tribune reporter Melissa Harris.

She focused on the Obama administration’s efforts to grow the economy and create jobs, as well as some of her top priorities going forward: the need to invest in infrastructure, help workers develop skills for 21st century jobs, reform the immigration system and support R&D and innovation.
 
As Secretary Pritzker noted, infrastructure is critical to the economy. Unfortunately, the United States has deferred trillions of dollars in infrastructure investment over the years. Under President Obama’s leadership, however, the United States has improved 350,000 miles of roads, 6,000 miles of rail, and 20,000 bridges. The Commerce Department has deployed more than 100,000 miles of broadband since 2009.

Obama Administration Awards $20.5 Million In Make It In America Challenge Grants

Secretary of Commerce Penny Pritzker, along with U.S. Secretary of Labor Thomas E. Perez, and Delta Regional Authority Federal Co-Chairman Chris Masingill, today announced the 10 winners of the Make it in America Challenge, an Obama administration initiative to accelerate job creation and encourage business investment in the United States. The 10 grantees will receive a total of $20.5 million for projects supporting regional economic development, advanced skills training, greater supply chain access and other enhancements. The programs are designed to encourage U.S. companies to keep, expand or re-shore their manufacturing operations—and jobs—in America, and to entice foreign companies to build facilities and make their products here.

The Commerce Department’s Economic Development Administration (EDA), the Labor Department’sEmployment and Training Administration (ETA), and the Delta Regional Authority (DRA) are providing funding for the winning proposals. Additionally, Commerce’s National Institute of Standards and Technology Manufacturing Extension Partnership (NIST MEP) plans to make awards in early FY2014.

“Given our competitive advantages in energy costs, research and development, labor productivity, and intellectual property protection, there is no better place to do business than the United States," said U.S. Secretary of Commerce Penny Pritzker. The Make it in America Challenge grants support innovative, regionally-based strategies that will encourage businesses to capitalize on those advantages.”  Full release

Manufacturing Award Grants Will Invite Lasting Investment for Our Communities

Guest blog post by U.S. Secretary of Commerce Penny Pritzker

This past spring, the Commerce Department launched the Investing in Manufacturing Communities Partnership (IMCP), a first-of-its-kind initiative to provide communities with the resources needed to create and implement development plans and recognize their full economic potential.

I’m so pleased to announce 26 grant award winners have been selected by the Department of Commerce. Along with our agency partners – the Department of Agriculture, the Environmental Protection Agency, and the Small Business Administration – we are awarding $7 million in grants and investments that comprise the first funding phase of the Investing in Manufacturing Communities Partnership.

The communities selected as winners by the Department of Commerce represent 17 different states. They have developed cutting-edge plans that capitalize on these communities' comparative advantages as a place to do business. These plans make investments in public goods, and encourage collaboration between multiple public and private entities to expand the area's commercial appeal to investors. In total, the first funding phase of the program provides 44 planning grants and investments.

The IMCP stemmed from the recognized need to effectively accelerate manufacturing investment in the United States. Too often, communities have relied on the practice of “smokestack chasing” to attract investment, in which communities will offer tax breaks and subsidies to attract the attention of a single firm. Economists have found this approach often yields a low return for taxpayer investment. The Obama administration seeks to encourage and assist American communities to not merely make efforts to attract individual investments but instead to transform themselves into manufacturing hubs that that draw all kinds of businesses.

Secretary Pritzker Completes Third Leg of National Listening Tour

Phot of Prizker touring the EC

Today, U.S. Secretary of Commerce Penny Pritzker wrapped up the third leg of her nationwide listening tour, during which she is traveling across the country to meet with businesses and thought leaders, entrepreneurs, academics and Department of Commerce employees. While in Nashville, Tenn. and Pella and Des Moines, IA, she heard from various groups and industry representatives about their priorities, concerns and ideas on how the public and private sectors can work together to strengthen the economy and create American jobs.

“Nashville, Pella, and Des Moines epitomize the entrepreneurial spirit that is driving economic development and job creation in the United States,” said Secretary Pritzker. “From leveraging the creative economy to making investments in advanced manufacturing, businesses in these states are getting it right. As I continue my listening tour over the next few weeks, I’m looking forward to hearing more from businesses and entrepreneurs about how the Department can serve as a bridge to the business community to protect, promote, inform and anticipate what America needs to be competitive and innovative in the 21st century.”

In Nashville, Secretary Pritzker visited the Entrepreneur Center, a nonprofit business incubator that helps connect entrepreneurs with investors, mentors and resources that are crucial to accelerating the launch of their startup businesses. While at the EC, Secretary Pritzker toured the facilities with its president and CEO Dr. Michael Burcham and met with facility staff and young entrepreneurs working in a wide variety of fields, and heard how funds from a grant from the Department’s Economic Development Administration enabled them to expand capacity three-fold. The secretary was also joined by the team from Commerce’s Minority Business Development Agency’s (MBDA) regional office in Memphis, and encouraged collaboration between MBDA and the entrepreneurs who work with the center.

Secretary Pritzker then headed to Iowa where she visited Jaarsma Bakery and toured operations at Vermeer Corporation in Pella. Over its 65 year history, Vermeer has grown to become competitive on a global scale, earning a Presidential award for exports, in recognition of their efforts to increase exports. Vermeer serves customers with forage, specialty excavation, environmental and underground equipment products to more effectively and responsibly work farms and ranches, improve infrastructure, and manage natural resources. She also visited Dwolla, Inc. and the Iowa State Fair.

Full release

Secretary Pritzker Tours Entrepreneur Center in Nashville, Tennessee

Secretary Pritzker receives a demonstration from one of the entrepreneur inside the Nashville Entrepreneur Center

Today, Secretary Penny Pritzker continued her successful nationwide listening tour with a stop at the Entrepreneur Center in Nashville, Tenn. This was her first stop in “Music City, USA” and provided her with an opportunity to hear how the center supports business start-ups and job growth.

The Entrepreneur Center (EC), a nonprofit business incubator, helps connect entrepreneurs with investors, mentors and resources that are crucial to accelerating the launch of their startup businesses. The EC houses 80 startups and was created through a public-private initiative, the Nashville Chamber of Commerce’s Partnership 2010, in 2007.

Following a catastrophic flood in May 2010, the Commerce Department’s Economic Development Administration (EDA) invested $2.5 million in the EC in 2011 to renovate an historic building, the Trolley Barn, which tripled the facility’s capacity. The investment is also helping mitigate economic impacts of future disasters and helping build a stronger, more disaster-resilient economy.

Secretary Pritzker Speaks with Top Business Leaders on Commerce’s Work to Support American Businesses

Secretary Pritzker speaks with American business CEOs

Since taking office two weeks ago, Secretary Penny Pritzker has made it clear that engaging with the business community is a top priority.  Her commitment to this effort is evidenced by recent calls to top CEOs: Jim McNerney, President and CEO of Boeing, and Ursula Burns, CEO of Xerox Corporation.

Given her extensive experience in the private sector, Secretary Pritzker understands not only the importance of the Department establishing close ties with the business community, but more importantly what can be learned from meeting with local business leaders (both large and small companies).  It is only through these intimate conversations, that one can adequately understand and further address the issues many businesses face.

During her conversations with CEOs, Secretary Pritzker asked what their biggest challenges were and what how she, as Commerce Secretary, could help companies become more competitive both in U.S and abroad.  The Secretary also established an open line of communication, welcoming feedback from CEOs and business leaders to help her develop strategic goals and her agenda over the next few months. 

Secretary Pritzker’s outreach to the business community is just beginning.  This week marks her first trip as part of an overall listening tour. Conversations such as these are part of her overall commitment to being a strong advocate for U.S businesses to help businesses grow and create jobs to strengthen our economy. 

Department of Commerce Helps American Company Secure $42 Million Contract With Colombia

Advocacy Center logo

Contract supports $38 million in U.S. exports

U.S. Acting Secretary of Commerce Rebecca Blank today announced that L-3 Communications Corporation Warrior Systems Sector (Londonderry, New Hampshire) and its distributor Aviation Specialties Unlimited (Boise, Idaho) recently secured a contract from the Government of Colombia worth $42 million. The announcement comes on the heels of Acting Secretary Blank’s trade mission to Brazil, Colombia and Panama, which wrapped up on May 17. The trade mission included 20 U.S. firms with expertise in a wide variety of infrastructure industry sectors, and was intended to help American companies expand their business opportunities in Brazil, Colombia and Panama and promote U.S. exports.

“L-3’s export success is a concrete example of the Department of Commerce’s continued efforts to help U.S. firms be more competitive in this growing market,” said Acting Secretary Blank. “L-3 benefited from an aggressive, coordinated interagency commercial advocacy campaign spearheaded by our Advocacy Center to win a contract that will increase U.S. exports and support American jobs. With U.S. exports reaching an all-time high of $2.2 trillion in 2012, and supporting nearly 10 million American workers, the work of our Advocacy Center and U.S. embassies across the world is more important than ever. I congratulate L-3 Communications and their distributor Aviation Specialties Unlimited on winning this valuable contract.”

The contract will support $38 million in U.S. exports, as well as nearly 50 American jobs, according to L-3. Through this contract, L-3 will provide fully-assembled night-vision goggles, spare parts, tooling and test equipment to the Colombian government. Full release

Businesses Need Common Sense Immigration Reform to Keep Growing, Creating American Jobs

Dr. Blank and members of the Silicon Valley Leadership Group (photo: Colin Buckner, Silicon Valley Leadership Group)

Guest blog post by Dr. Rebecca Blank, Deputy Secretary of Commerce

Yesterday, I was in California to talk with business executives who are part of the Silicon Valley Leadership Group. We discussed key issues facing them as they continue to grow, create jobs, and drive both innovation and competitiveness here in the U.S.

They just completed an annual survey of their own membership. The biggest business challenge that they identified was their ability to attract and retain a skilled workforce.

I let them know that President Obama understands that we are in a global competition for talent and we want the best people right here in the U.S.

Commerce Invests $15 Million to Help Protect Businesses in Bloomsburg, Pennsylvania, from Flooding

Deputy Assistant Secretary of Commerce Matt Erskine speaks at Autoneum plant in Bloomsburg, Pennsylvania.

U.S. Senators Casey, Toomey and Congressman Barletta applaud disaster recover investment

U.S. Deputy Secretary of Commerce Rebecca Blank has announced a $15 million Economic Development Administration (EDA) grant to Columbia County, Pennsylvania, to help build control systems that will help protect vital business infrastructure in Bloomsburg, Pennsylvania, from floods. The grant announcement was applauded by U.S. Senators Bob Casey, Pat Toomey and U.S. Representative Lou Barletta, who worked with the Pennsylvania Congressional delegation to support the grant. Bloomsburg was severely impacted by flooding as a result of Tropical Storm Lee in 2011.

"Protecting and improving the infrastructure that is critical to our businesses is a top priority for the Obama administration," said U.S. Deputy Secretary of Commerce Rebecca Blank. "By working with local organizations to fund this project, EDA and the Department of Commerce are helping businesses in Bloomsburg and the surrounding areas save jobs and grow." Full release

ITA Under Secretary Promotes Manufacturing During Three-State Tour

Under Secretary Francisco Sanchez (center) meets with Jet Inc.’s President Ron Swinko (far left) and other staff at their manufacturing facility in Cleveland, OH as part of the “Made in America Manufacturing Tour.” in October 2012.

Ed. note: Cross-posted from ITA's Tradeology blog. Sophia Lu is a Fellow at the International Trade Administration Office of Legislative and Intergovernmental Affairs

On October 2Under Secretary of Commerce for International Trade Francisco Sánchez commenced a four-city tour of American manufacturing cities to promote the benefits of strengthening America’s manufacturers and expanding U.S. exports to create jobs. This “Made in America Manufacturing Tour” supports President Obama’s National Export Initiative (NEI), which seeks to double U.S. exports by the end of 2014. Just last year, exports supported 9.7 million American jobs, an increase of 1.2 million American jobs from 2009.

On his first stop in Toledo, Ohio, Under Secretary Sánchez met with company officials and toured the manufacturing facility of Bionix Development Corporation. Bionix was recently honored with the President’s “E” Award, which was created by Executive Order of the President in 1961 to give recognition to person, firms, or organizations who contribute significantly in the effort to increase U.S. exports.

Sánchez then traveled to Cleveland, Ohio and held a forum at the City Club of Cleveland on the “Resurgence of American Manufacturing.” There he also met with the Northeast Ohio District Export Council and the local business community for a roundtable discussion on the role of exporting and manufacturing in the NEI. While in Cleveland, he also toured the manufacturing facilities of Jet, Inc. and Codonics, Inc., both of which are also “E” Award winners.

Commerce Announces Partnership with Cornell NYC Tech to Help American Entrepreneurs Innovate, Grow, and Create Jobs

Acting Secretary Rebecca Blank announces a first-of-its-kind campus collaboration that will provide Commerce resources directly to students, faculty and industry (photo credit: Lindsay France/University Photography, Cornell)

First-of-its-kind campus collaboration will provide USPTO and Commerce resources directly to students, faculty and industry, help accelerate commercialization of new technologies

Today Acting U.S. Commerce Secretary Rebecca Blank was joined by Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office (USPTO) David Kappos and Cornell University President David J. Skorton to announce a groundbreaking agreement between the Commerce Department and Cornell University that will promote growth for American businesses and entrepreneurs. U.S. Senator Charles Schumer (D-NY), U.S. Representative Carolyn Maloney (D-NY), and New York City Deputy Mayor Robert Steel also participated in the event.

Acting Secretary Blank announced that for the first time, the resources of a U.S. government agency and a major research institution will join forces to give students and researchers at Cornell’s New York City Tech Campus (Cornell NYC Tech) direct access to resources that will help them bring their ideas to market and grow their businesses.

By installing a permanent staff member of the U.S. Commerce Department at Cornell’s NYC Tech campus, the department will be bringing its full suite of resources to the university community, helping connect students, faculty and mentors to early-stage investors, intellectual property strategies, export assistance tools, government grants, and academic partners. The partnership will help Cornell’s new academic institution break down the traditional boundaries that exist between graduate education and the research and development of technology products.  Press release

Acting Secretary Blank Speaks With Council of Foreign Relations on Increasing the Level of Business Investment in the U.S.

Acting U.S. Commerce Secretary Rebecca Blank Answers Questions After Her Remarks at the Council on Foreign Relations

This afternoon, Acting U.S. Commerce Secretary Rebecca Blank spoke before the Council on Foreign Relations about the Obama administration's initiatives to help businesses expand their investment in the United States and bring jobs back home. The Commerce Department works to attract investment across all sectors, but in her remarks Blank focused on manufacturing because that sector has added more than half-a-million new jobs since 2009, compared to the previous decade in which six million manufacturing jobs were lost. In addition after decades of watching American companies take jobs to other countries, more and more manufacturers are making the decision to keep factories and production facilities here in the United States and are bringing jobs back to the U.S. from overseas through insourcing.

Blank mentioned that the renewal of the manufacturing sector is driven by America’s quality infrastructure, skilled labor, and advanced research and innovation that are critical for manufacturers to thrive. Business leaders list a number of reasons why the U.S. looks so attractive to them right now, including the fact that domestic energy production is lowering the cost of oil and natural gas needed in manufacturing. A second reason for investing in the U.S. is a competitive edge in labor productivity. America’s manufacturing workers now produce about nine percent more each hour than they did in 2008.

Blank noted that the list of reasons that CEOs give for investing here is longer still. America has a strong rule of law and a good regulatory environment. Additionally, the U.S. has the strongest level of intellectual property protection–and our patent system is only getting better due to the 2011 passage and implementation of the America Invents Act. America has the best universities in the world, producing graduates that drive entrepreneurship and feed innovation into our private sector.

With EDA Assistance, Communities Have a New, Resource-Rich Tool to Help Them Recover from Disasters

RestoreYourEconomy.org

Guest blog post by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development

To coincide with National Preparedness Month, the International Economic Development Council (IEDC) has just launched the newly redesigned RestoreYourEconomy.org website.

Developed with funding from the U.S. Economic Development Administration (EDA), the website is a one-stop resource for economic development organizations and chambers of commerce seeking to assist businesses after a disaster, rebuild their local economy, and encourage resiliency among local businesses and government.

Since it was first established, EDA has played an important role in helping communities across the country recover from disasters by assisting them in reestablishing their local economies and implementing long-term economic recovery efforts. Earlier this year, EDA announced the availability of $200 million to help communities that received a major disaster designation in fiscal year 2011 with long-term economic recovery and infrastructure support.  Within the context of the administration’s National Disaster Recovery Framework (NDRF), EDA serves as the Coordinating Agency on behalf of the Department of Commerce for the Economic Recovery Support Function (RSF) to coordinate the activities of a diverse group of partner agencies supporting recovery in disaster-impacted communities. The activities consist primarily of improved information sharing and leveraging existing resources to make a positive impact for communities affected by disasters.

Job-Creating Culinary Center Opens in Philadelphia with EDA Support

Artist's rendering of exterior of the new Center

Guest blog post by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development

Providing office space and support for budding entrepreneurs to develop and grow their businesses while boosting the synergies offered by their developing ideas, skills, and products is a critical economic development strategy.

This is exactly what I saw today in Philadelphia, when I attended the opening of the new Dorrance H. Hamilton Center for Culinary Enterprises (CCE), an innovative facility that will provide shared business space for food entrepreneurs from throughout the Philadelphia region. This center was developed by Philadelphia’s The Enterprise Center, a business accelerator that since 1989 has supported local entrepreneurs and spurred economic growth in Philadelphia, and the Economic Development Administration (EDA), which in 2010 provided $1.5 million to support the construction of the CCE.

The new CCE building contains 13,000 square feet of space, and includes four state-of-the-art commercial kitchens that will be available for rent to culinary entrepreneurs, an eKitchen Multimedia Learning Center, and retail space for tenants.

Acting Secretary Blank Delivers Remarks at National Automobile Dealers Association Conference

Acting Secretary Blank Addresses the National Association of Auto Dealers

This morning, Acting U.S. Commerce Secretary Rebecca Blank delivered remarks at the National Automobile Dealers Association Legislative Conference. In her remarks, the Acting Secretary discussed how the Obama administration is working to strengthen the U.S. automobile industry, grow the economy and create jobs.

New car sales are beating expectations, having just seen the best August sales since 2009—nearly 1.3 million cars and trucks were sold last month. So far this year, sales for new cars are up 20 percent and sales for light-duty trucks are up more than 10 percent. Blank noted that, compared to the lowest point in 2009, the number of people employed in auto dealerships has risen by more than 85,000.

She also highlighted Cash for Clunkers, a $3 billion investment that stimulated our economy at a critical time when we needed consumers to go ahead and buy new cars, instead of holding back.  Not only did Cash for Clunkers help auto dealers get through a tough patch, but it also helped auto manufacturers and suppliers who were struggling to keep their workers employed and put safer, cleaner cars on the road.

2011 Income, Poverty and Health Insurance Coverage in the United States Report

Cover: Income, Poverty and Health Insurance Coverage in the United States Report

Today, the U.S. Census Bureau released its report on Income, Poverty, and Health Insurance Coverage in the United States in 2011.

As we continue to fight back from the worst economic crisis since the Great Depression, the Income, Poverty and Health Insurance Coverage report released today provides further evidence of how critical it is that we implement policies that benefit and create security for struggling families and our middle class—and not just the wealthiest Americans. 

Today’s report shows that while too many American families are still struggling, the nation’s poverty rate fell and the percentage of Americans with health insurance coverage rose in 2011. It is clear that had President Obama not taken swift and aggressive action to grow our economy and create jobs, today’s report would have shown much higher poverty rates, lower incomes, and a greater share of the population without health insurance. 

Though our poverty rate remains unacceptably high, this report shows that the poverty rate ticked down in 2011 after rising for several years in the wake of the Great Recession. Poverty fell for all age groups, including children, elderly, and non-elderly adults. A key reason for this decline was that 2.2 million more people had full-time jobs last year, in part because unemployment fell by 0.9 percentage points from December 2010 to December 2011. Government programs also continued to provide a vital safety net. 

Acting Secretary Blank cut the ribbon at the International Manufacturing Technology Show in Chicago

Acting Secretary Blank cut the ribbon at the International Manufacturing Technology Show in Chicago

Yesterday, Acting U.S. Commerce Secretary Rebecca Blank traveled to Chicago, Illinois to deliver remarks at the International Manufacturing Technology Show (IMTS), hosted by the Association for Manufacturing Technology. Acting Secretary Blank discussed the importance of manufacturing to boosting U.S. economic growth, job creation and exports and highlighted the administration's continuing efforts to build things here and sell them everywhere.

Blank noted that President Obama has been committed to U.S. manufacturing since his very first day in office, and shared three key facts that show manufacturing is making a comeback. First, after a decade when America lost six million manufacturing jobs, we’ve now added more than a half million back since January 2010. These are good-paying jobs that strengthen economic security for the middle class. Second, our manufacturing output is up 20 percent since 2009–with big growth in areas like cars and car parts. Third, manufactured exports have increased in nearly all industry categories, jumping over 36 percent from 2009 to 2011.

After finishing her remarks, Blank toured the floor exhibits. She stopped by the Local Motors exhibition to hear about their crowd-sourced car. The Defense Advance Research Project Agency challenged Local Motors, a small company based in Chandler, Arizona to design a vehicle in four weeks and build it in three months. To meet this deadline Local Motors crowd-sourced the vehicle design, selected one of the over 162 high-quality designs that came in and then built it ahead of schedule.

Acting Secretary Blank departed IMTS and traveled to Cree-Racine in Racine, Wisconsin, a local manufacturer of energy-efficient LED lights. They recently formed a partnership with a distributor in India and last year won the President’s E-Award for their success in increasing exports. Because of that success, they’re expanding their facility and creating nearly 500 more jobs in Wisconsin.

Acting Secretary Blank then traveled to Milwaukee, Wisconsin, where she spoke with local business leaders about steps that can be taken to grow the American economy and create jobs. Her remarks focused on the importance of increasing consumer spending, spurring innovation in manufacturing, increasing business investments in the U.S., and growing U.S. exports. She drew attention to a joint venture between five federal agencies, the Departments of Defense, Energy, and Commerce, the National Science Foundation, and NASA, and local manufacturers for a pilot project that is focused on additive manufacturing.   

Additive manufacturing, often referred to as 3D printing, is a new way of making products and components from a digital model, and will have implications in a wide range of industries including defense, aerospace, automotive, and metals manufacturing. Like an office printer that puts 2D digital files on a piece of paper, a 3D printer creates components by depositing thin layers of material one after another using a digital blueprint until the exact component required has been created.  The Department of Defense envisions customizing parts on site for operational systems that would otherwise be expensive to make or ship. The Department of Energy anticipates that additive processes would be able to save more than 50 percent energy use compared to today’s "subtractive" manufacturing processes.

This pilot institute will set a research agenda, driven by private sector needs. It will encourage researchers and entrepreneurs to take risks, test prototypes, fail quickly and get back up to try again. This is a great public-private partnership, with funding from the Federal government, two states and many manufacturers. The Department is tracking this pilot closely, to learn how best to help fund and establish these sort of public-private collaborations all over the country.

In addition to highlighting manufacturing, Blank outlined steps needed to grow the American economy and create jobs. She focused on the importance of increasing consumer spending, increasing business investments in the U.S., and growing U.S. exports. She also highlighted the need for U.S. investments in infrastructure and education to build an economy to last.

Learn More About the Ocean and Great Lakes Economy on BEA’s New Web Portal

Tugboat

Ed. Note: This is cross-posted from the Bureau of Economic Analysis's blog. It highlights the coordination and collaboration between BEA and NOAA to bring value in data and services to the American public.

How many jobs are created from the construction of a new bridge or an increase in tourism?

The Bureau of Economic Analysis’ (BEA) new Web portal on the ocean and Great Lakes economy shows how the Bureau’s Regional Input-Output Modeling System (RIMS II) can be used to provide answers to such questions. The new Web site stems from a joint project with the Commerce Department’s National Oceanic and Atmospheric Administration.

RIMS II, a regional economic model, is used by investors, planners, and elected officials to objectively assess the returns to projects ranging from a new sports stadium to a new bridge. The returns include the short- and long-term increases in jobs and spending associated with the projects.

The idea behind the results of RIMS II is that an initial change in economic activity leads to additional changes in economic activity in other parts of an economy—for example, building a new bridge leads to increased production of concrete and steel. The increased production of concrete and steel leads to more mining. Workers benefiting from these increases may also enjoy bigger paychecks, so they may then spend more by eating out at nicer restaurants or splurging more on entertainment.

Acting Secretary Blank Talks Insourcing and Job Creation at Economic Development Forum

Acting Secretary Blank at International Economic Development Summit in Washington

Guest blog post by Dr. Rebecca Blank, Acting Secretary of the U.S. Department of Commerce

This morning, I joined economic development leaders from around the country to discuss ongoing efforts to create jobs and grow the U.S. economy. The Economic Development Forum was hosted by the U.S. Commerce Department’s SelectUSA initiative, in partnership with the White House Business Council and the International Economic Development Council (IEDC), the world’s largest professional organization of economic development practitioners.

The forum provided an opportunity to discuss the Obama administration’s efforts to support U.S. businesses and encourage companies to bring good jobs back to America, a trend called insourcing.

Both American and international firms are increasingly looking for opportunities to invest in the U.S. And businesses are not only choosing to bring jobs back, but they are also making decisions to expand here instead of shipping jobs overseas. These investments mean that more products will be made in America. That means more jobs and greater economic security for families across this nation.

MBDA National Director Hinson Builds Relationships with Brazil In Line with Obama Administration NEI Goals

With Director Hinson (right) are Ms. Reta Jo Lewis, S/Special Representative for Global Intergovernmental Affairs, U.S. Department of State Mr. Julio Semeghini, Secretary of State, São Paulo, Planning and Regional Development


The Department of Commerce's Minority Business Development Agency (MBDA) National Director David Hinson wrapped up a five-day trip to Brasilia and São Paulo, Brazil, on August 24. 

The trip provided an opportunity for Commerce’s MBDA to help push forward on the Obama administration’s National Export Initiative (NEI) by fostering greater access to emerging markets in Brazil for minority business enterprises. Helping the administration achieve its NEI goal of doubling exports by the end of 2014 is a top priority for MBDA, because more exports mean more jobs. Through the NEI, MBDA is thinking strategically about the sectors and markets that give America’s minority businesses a comparative advantage globally. Brazil is one of those key markets.

During the trip, Director Hinson met with Brazil’s Ministry of Foreign Relations and Brazilian business owners to discuss how MBDA can help U.S. minority-owned businesses enterprises (MBEs) improve their return on investment through strategic partnerships and gain access to the unprecedented opportunities in the United States and Brazil—the two largest economies in the Western Hemisphere.

Acting Secretary Blank Applauds Steamfitters’ Job Training as Key to Building a 21st Century Economy

    Acting Secretary Blank Applauds Steamfitters’ Job Training as Key to Building a 21st Century Economy

This morning, Acting Secretary Rebecca Blank joined U.S. Representatives Chaka Fattah and Allyson Schwartz on a tour of the job training facilities of Steamfitters Local 420 in Philadelphia, where classes are held for apprentices and journeyworkers to develop and improve their skills so they can better serve clients and become qualified for a broader range of employment opportunities.

The rigorous training and education being offered at the facility has made a difference in the lives of hundreds of people throughout the region. The steamfitters local union 420 training center services the entire state and the work being done by members helps keep the region's infrastructure running smoothly, helping to make southeastern Pennsylvania an attractive place to do business.

Today's visit was an opportunity for local business leaders, workers and entrepreneurs to showcase all that they are doing to support manufacturing, train a 21st century workforce, and help the American economy recover from the worst recession since the Great Depression. 

While there is still more work to be done, our private sector has now had 29 straight months of job growth, creating 4.5 million new jobs. Over the past two and one-half years, more than a half-million manufacturing jobs have been created in the U.S.— the strongest job growth in that sector since the 1990s.

Pennsylvania alone has gained over 10,000 new manufacturing jobs since January, 2010. And these manufacturing jobs are good jobs that pay more than average and provide greater benefits.

During the visit, Acting Secretary Blank affirmed Commerce’s efforts to build a strong environment for manufacturing and innovation in the U.S. For example, the Obama administration recently announced the launch of a new public-private institute for manufacturing innovation as part of its ongoing efforts to help revitalize American manufacturing and encourage companies to invest in the United States. This new partnership, the National Additive Manufacturing Innovation Institute (NAMII), includes manufacturing firms, universities, community colleges, and non-profit organizations from the Ohio-Pennsylvania-West Virginia "Tech Belt."

Though progress has been made, more work remains. This is why the Obama administration continues to call on Congress to pass legislation to give our companies a tax break if they move operations and jobs back. President Obama has also called for helping state and local governments hire or retain teachers, police, and firefighters; and putting construction workers by to work while repairing crumbling American infrastructure. These proposals would create a million new jobs, according to independent economists.

After visiting the steamfitters' training facilities, Acting Secretary Blank traveled to Allentown, Pennsylvania, to announce a grant to help local small manufacturers lower operating costs and create jobs. She was joined by Allentown Mayor Ed Pawlowski, local business leaders, and entrepreneurs to highlight Obama administration efforts to help local companies and workers build things here so they can sell them everywhere.

EDA: Helping Businesses in Columbus, Ohio, Grow and Hire

Erskine (left) at presentation showing time-lapse sequence of the building of the Ohio Supercomputer Center. (Photo: the Ohio Supercomputer Center)

Guest blog post by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development

By helping regions plan for their economic future, and by giving businesses access to the advanced tools they need to compete in the 21st century, we can make sure that the U.S. economy grows and creates the well-paying jobs that are key to our long-term prosperity. I got a first-hand look at such efforts today in Columbus, Ohio, when I had the opportunity to participate in a roundtable with local economic development leaders and visit the facilities of the Ohio Supercomputer Center.

One of the groups I met with was Columbus 2020, a regional public-private partnership that was created to leverage central Ohio’s research and academic institutions and its diverse industries, with the goal of better positioning the area to be the fastest growing economy in the country. It is doing that by working to retain and expand businesses already located in the region, attracting new businesses, leveraging the region’s research assets (such as its colleges and universities) to make it more attractive to entrepreneurs and startup businesses, and improving the region’s civic infrastructure.

U.S. Patent and Trademark Office Promotes Innovation in Maine

PTO Director David Kappos addresses the Penobscot Bay Regional Chamber of Commerce in Rockport, Maine

Innovation is thriving in Maine, and the U.S. Patent and Trademark Office (USPTO), the Department of Commerce, and the administration are working hard to further foster that environment, Under Secretary of Commerce and USPTO Director David Kappos told the Regional Chamber of Commerce of Penobscot Bay, Maine, on Tuesday.

From 2009 to 2010, the number of patent filings in the Portland, Maine, region nearly doubled, Kappos said. “We’re doing a lot to ensure that creative ideas and groundbreaking innovations, born right here in Maine, can flourish, and that the American innovation system is one that’s built to last.”

Barriers to innovation are being reduced, Kappos said, in part through the Startup America initiative, which includes investment funds, mentoring networks for entrepreneurs, tax breaks for small businesses, and the Department of Commerce’s i6 Green Challenge. That program rewards communities that develop and embrace cutting-edge ideas in green technology development and implementation.

Kappos also highlighted promoting insourcing of U.S. jobs through robust protections of our intellectual property abroad.

Obama Administration to Strengthen Rural Alaskan Community Economy

Aerial view, Bristol Bay Lowlands (Alaska)

Guest blog post by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development

Over the last three and a half years, President Obama has committed his administration to make investments to strengthen rural economies and create jobs. That includes Alaska’s Bristol Bay region.

The Bristol Bay Jobs Accelerator Project, an economic growth effort by the Bristol Bay Native Association in Dillingham, Alaska is one of the winners of the multiagency Rural Jobs and Innovation Accelerator Challenge, an initiative that pools the resources of 13 federal agencies to support innovation in rural regional industry clusters.

While Bristol Bay has a wealth of natural resources, it has struggled to leverage those assets to fuel long-term, sustainable growth. The area, for example, is one of the world’s premier fishing grounds for sockeye and king salmon, with millions of fish returning to Bristol Bay and its tributaries each year to spawn.

The Bristol Bay Jobs Accelerator Project, representing a consortium of 31 Alaskan tribes, will support the fisheries and seafood processing industry cluster located in Bristol Bay. The goal is to assist distressed rural communities in the region by leveraging local assets, building stronger economies, and creating regional linkages.

Obama Administration Holds Rural Swing in North Carolina and Louisiana to Promote Jobs and Innovation

EDA Jobs and Innovation Accelerator Challenge Logo

Guest blog post by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development

Over the next two days, I will join several colleagues for a rural swing in North Carolina and Louisiana to promote jobs and innovation. Along with Deputy Under Secretary for USDA Rural Development Doug O’Brien, Appalachian Regional Commission Federal Co-Chair Earl F. Gohl, and Delta Regional Authority Federal Co-Chairman Christopher Masingill, I will attend events in rural America and tour two projects that were among the 13 winners of this year’s Rural Jobs and Innovation Accelerator Challenge.

The Rural Jobs Accelerator—designed by the Taskforce for the Advancement of Regional Innovation Clusters and the White House Rural Council—is a joint effort of 13 federal agencies, working together to help accelerate economic and job growth across rural regions. It is a great example of collaboration across federal agencies to pool resources and identify new, innovative ways to create an economy built to last.

Since taking office three and one-half years ago, President Obama has been deeply committed to strengthening rural economies all across America—helping to create jobs, support business growth, and expand opportunity for rural Americans. The administration has advanced new policies and initiatives and made significant investments in rural communities. The Rural Jobs Accelerator builds on those goals, seeking to foster job creation and business innovation in these communities.

New Export Data Shows 34 States Reached Record Highs for Merchandise Exports in the First Half of 2012

U.S. map showing 34 states passing exports records

U.S. exports support nearly 10 million jobs across the country

Acting U.S. Commerce Secretary Rebecca Blank announced today that U.S. merchandise exports totaled a record $773.4 billion in the first six months of 2012, up by $50.7 billion from the same period of 2011.

“Comprehensive data from the first half of 2012 demonstrates that exports continue to be a bright spot for America and that we’re making historic progress toward the president’s goal of doubling U.S. exports by the end of 2014,” said Acting U.S. Commerce Secretary Rebecca Blank. “Despite a challenging global economy, these numbers show continued global demand for American goods. While the nation looks to be on track toward exceeding last year’s goods and services export total of $2.1 trillion, we are also seeing some individual states outpace the national average of seven percent growth in merchandise exports. This is good news for the economy, because we know that increased exports create jobs. The jump in exports since 2009 has helped the private sector create 4.5 million jobs over the past 29 months, and, in 2011, jobs supported by exports increased by 1.2 million over 2009. There’s more work to be done to strengthen the economy and put more Americans back to work, and we need to continue to do all we can to support American workers, exporters and businesses so that they can continue to help us rebuild this economy." Full release

U.S. Patent and Trademark Office Helps Atlanta Kickstart Innovation Opportunities

Director Kappos addressing Startup Atlanta (Photo by Bytegraph.com. Used with permission)

Helping set a stage for success to Atlanta’s entrepreneurs, Under Secretary of Commerce and Director of the U.S. Patent and Trademark Office (USPTO) David Kappos was in the Georgia capital this afternoon to help launch Startup Atlanta. Created by the city’s economic development agency, Invest Atlanta, the initiative seeks to connect entrepreneurs with the resources they need to succeed.

A hallmark for Startup Atlanta is an online platform that will serve as a network for entrepreneurs while simultaneously mapping out valuable resources such as incubators, accelerators, service providers and connections.

At the event, Kappos addressed the importance of a vibrant local entrepreneur community. “Not only do the novel ideas of Georgia’s entrepreneurs have the potential to move the pulse of an industry or transform the welfare of a community,” Kappos said, “They can also attract critical resources and capital for additional research and development, creating a host of new markets and new opportunities.”

Rural Jobs and Innovation Accelerator Challenge Awards $9 Million to 13 Projects to Boost Rural Economies, Strengthen Regional Industry Clusters

Jobs & Innovation Accelerator Challenge logo

Guest blog post by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development

Over the last three and a half years, President Obama has been committed to investing in efforts that strengthen rural economies, create jobs, support business growth, and expand opportunity for rural Americans.

Today, the administration announced the 13 winners of a key component of this goal, the Rural Jobs and Innovation Accelerator Challenge. Economic development partnerships and initiatives in Alaska, Arkansas, Connecticut, Illinois, Kansas, Louisiana, Mississippi, New Hampshire, North Carolina, South Carolina, Virginia, and West Virginia will receive awards ranging from nearly $200,000 to more than $1 million.

The projects will promote job creation, accelerate innovation, and provide assistance to entrepreneurs and businesses in a wide range of industrial sectors, including advanced manufacturing, agribusiness, energy and natural resources, technology, and tourism. They range from the Bristol Bay Jobs Accelerator in Alaska, a job training initiative put together by a consortium of 31 Alaskan tribes that will support a fisheries and seafood processing industry cluster; to the I-20 Corridor Regional Accelerator, a project involving the collaboration of institutions in Louisiana and Arkansas to promote science and technology clusters in these states; to the “Project 17: Together We Stand,” a 17-county business development effort led by Kansas State University.

EDA Helps Ohio Auto Community Build a New Future

Economic Development Administration-banner

Guest blog post by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development

Economic recovery in the wake of an economic disaster—such as the closing of a large employer—doesn’t happen overnight. It requires careful planning, the coordination of human and financial resources, and a willingness to consider alternative directions that will benefit the community in the long run.

This is the story that the city of Moraine, Ohio, can tell. For nearly 90 years, Moraine—located in close proximity to Dayton, Ohio—was the location of a single, prominent manufacturing plant whose successive owners read like an honor roll of 20th century American business: Dayton-Wright Airplane (manufacturer of DeHavilland aircraft), Frigidaire (maker of an iconic line of refrigerators), and, since 1981, General Motors (GM).

When GM announced plans in June 2008 to close this plant, the development came as a blow to the local economy. Just think about the impact to suppliers and the distributors that get their business from them.  According to a report published by the International Economic Development Council, the Moraine region, with more than 90 GM suppliers in 14 surrounding communities, lost more than 800 jobs at larger suppliers in addition to the 4,200 jobs that were lost when GM shut down.

Within weeks of GM’s announcement, staff from the Chicago regional office of the U.S. Department of Commerce’s Economic Development Administration (EDA) began working with state and local officials in Ohio to develop a strategy to deal with the effects of the Moraine plant closure. As a first step, an EDA investment helped the city develop a bottom-up Comprehensive Economic Development Strategy (CEDS) to guide the region’s recovery efforts.

Director Kappos Promotes Innovation in Southern California

Director Kappos, seated, being interviewed

Under Secretary and United States Patent and Trademark Office Director David Kappos briefed southern California innovators on the many ways the Obama administration is advancing U.S. innovation. He met with technology entrepreneurs at Powerwave Technologies in Santa Ana, California, hosted by Southern California’s TechVoice chapter in conjunction with CompTIA and locally-based Technology Leadership Political Action Committee (TLPAC). The USPTO is on the eve of publishing a series of new rules implementing the America Invents Act, signed last September by President Obama, which will improve patent quality and make it easier for U.S. innovators to protect their intellectual property (IP) abroad. Attendees were briefed on AIA implementation as well as the USPTO’s plans to open four new satellite offices, including one in the Silicon Valley region of California. “By building partnerships and collaborating with the Orange County Bar and broader community,” Director Kappos said, "the USPTO will better engage its Silicon Valley office with the Southern California IP community.”

Innovation in the Marketplace: Dr. Desh Deshpande on Successful Proof of Concept Centers

Portrait of Desh Deshpande

Guest blog post by Nish Acharya, Director of the Office of Innovation and Entrepreneurship in the U.S. Department of Commerce’s Economic Development Administration.

The National Advisory Council on Innovation and Entrepreneurship (NACIE) supports President Obama’s innovation strategy by helping to develop policies that foster entrepreneurship and identifying new ways to take great ideas from the lab to the marketplace to drive economic growth and create jobs.

One of the guiding forces of NACIE is its co-chair, Dr. Desh Deshpande, who is also Chairman and President of the Sparta Group and has been involved with many other companies, such as A123 Systems, Sycamore Networks, Tejas Networks, Sandstone Capital, and HiveFire. He is also the founder of the Deshpande Foundation, and creator and supporter of the Deshpande Center for Technological Innovation at the Massachusetts Institute of Technology (MIT), which is a leading proof of concept center.

In the last of a series of conference calls with members of NACIE, on June 27, participants spoke with Dr. Deshpande, with whom I have worked closely to identify and implement strategies to spur entrepreneurship and innovation.

During the call, Dr. Deshpande defined innovation as coming up with new ideas, while entrepreneurship is putting those ideas into practice. He pointed out that all innovation is contextual, in that no group of individuals can just sit down and solve all the world’s problems. It is important, he noted, that innovators live in the areas where the problems exist. His point echoed one that has been made by several other NACIE members, namely that innovators have a greater chance of success if they begin by solving the problems that exist in their own communities.

The Road to Revitalizing Anderson, Indiana’s Auto Sector

Economic Development Administration-banner

Guest blog post by Thomas Guevara, Deputy Assistant Secretary of Commerce for Economic Development and a native of Indiana

As auto communities across the country work to strengthen and redefine their economies, the Obama administration is making good on the President’s commitment to invest in American innovation and advanced manufacturing to spur growth.

In my home state of Indiana, the city of Anderson, located about 25 miles northeast of Indianapolis, was once home to one of the greatest concentrations (after Flint, Michigan) of General Motors facilities in the United States. Today, not a single one of those plants is in operation.

While this is a significant challenge, there is also opportunity. That was the focus of the Auto Community Revitalization Roundtable at the Flagship Enterprise Center that I recently attended in Anderson: to hear from communities affected by the loss of manufacturing jobs, offer practical tools, share available resources, and explore solutions for auto communities in Indiana that are on the road to revitalization. The forum was organized by the Manufacturing Alliance of Communities, the Obama administration’s Office of Recovery for Auto Communities and Workers, and the RACER Trust, which was established to clean up and redevelop closed General Motors sites.

The road to revitalization requires a change of mindset. Rather than think of the abandoned facilities and their accompanying infrastructure as a disadvantage, cities such as Anderson are finding ways to repurpose these assets for future economic growth. The built industrial environment—including manufacturing plants, warehouses, road and rail links, etc.—can be refashioned and reused to suit the needs of newer, growing industries to replace the industries that departed. These industries are not the traditional manufacturers that employed our parents, but rather are modern advanced manufacturing sites that are leading the way in global competitiveness and attracting foreign direct investment.

EDA: Economic Recovery in Fremont, California's Auto Community

Ed. note: Cross-posted from U.S. Department of Labor's "Auto Communities" blog by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development (EDA)

We all know the situation a few years ago when President Obama took office: the American auto industry was shedding jobs by the hundreds of thousands and General Motors and Chrysler were in financial crisis. In the year before GM and Chrysler filed for bankruptcy, the auto industry lost more than 400,000 jobs. Had President Obama failed to act, conservative estimates suggest that it would have cost at least an additional million jobs and devastated vast parts of our nation's industrial heartland. But that did not happen because the president quickly intervened to save the U.S. auto industry from collapse. Today, GM, Ford and Chrysler have all returned to profitability.

President Obama's decision to respond so boldly was about more than the auto companies. It was about standing behind the countless workers, communities and businesses—large and small—that depend on the automotive industry. It was also about revitalizing American manufacturing.

Across the administration, federal agencies have outlined an agenda to support growth, job creation, and competitiveness in U.S. manufacturing. The U.S. Commerce Department's Economic Development Administration (EDA) has a strong track record of working with automotive communities to develop plans for economic recovery. The agency's efforts to help revitalize the nation's auto industry have been significant in Fremont, California, where a large auto assembly facility operated by the New United Motor Manufacturing, Inc. (NUMMI) was shut down in early 2010. The plant had employed nearly 5,000 workers, with thousands more dependent on it. The blow to the local economy was severe.

Acting Secretary Blank Participates in U.S.-Poland Business Summit in Warsaw, Poland

Acting Secretary Blank Participates in U.S.-Poland Business Summit in Warsaw, Poland

Acting U.S. Commerce Secretary Rebecca Blank and Poland’s Deputy Prime Minister Waldemar Pawlak welcomed participants in the U.S.-Poland Business Summit and Business Roundtable in Warsaw yesterday. This important event fulfills an agreement made during President Obama’s visit to Poland last yearto bring together U.S. and Polish business and government leaders to identify and promote new commercial opportunities and strengthen and expand commercial relations between the two countries.
 
Blank and Pawlak co-chaired the Business Roundtable at an informal session with American and Polish businesses and government officials. They discussed increasing bilateral investment and expanding energy sector cooperation. In her remarks, Acting Secretary Blank called for more cooperation between the two countries to continue vital strides towards creating good paying jobs that will help both economies flourish.
 
In her remarks to the summit, Acting Secretary Rebecca Blank talked about increasing U.S.-Poland economic and commercial ties. She said that over the past ten years, U.S. bilateral trade with Poland has nearly quadrupled and today the U.S. is doing more than ever to link with the E.U.’s fastest growing economy. Complete Readout

Guest Blog Post: Commerce Comes to Your Town – Pittsburgh

Lyn Doverspike, Director of the Commercial Service Pittsburgh Office, Harlan Shober, Washington County Commissioner, Under Secretary Francisco Sanchez, Nate Nevela, District Field Director for U.S. Congressman Tim Murphy , Dennis Gray, Aquatech Vice President of Operations and R.Suresh Kumar, Vice President (Projects) Infrastructure – Major Projects.

Ed. note: Cross-posted from ITA Tradeology blog by Francisco Sánchez, Under Secretary of Commerce for International Trade

Yesterday I toured Aquatech International’s facility in Canonsburg, right outside of Pittsburgh. The company has been working with Commerce Department staff to export more of their products, and it was great to see up close the great work being done at their facilities.

Established in 1981, Aquatech is a global leader in water purification technology for the world’s industrial and infrastructure markets, with a focus on desalination, water reuse and zero liquid discharge. Aquatech is also a socially responsible company. Their products help to solve the problem of water scarcity abroad. They also help support numerous nonprofits that work to provide clean water to those without access to drinkable water.

Our visit to Aquatech is a part of wider Department of Commerce campaign, announced last month, called “Commerce Comes to Your Town.” Here at the International Trade Administration (ITA), we stand ready to provide American businesses the tools and resources they need to export their goods and services all around the globe, grow their businesses, and create more good-paying manufacturing jobs for Americans.

I can’t stress enough how important exports are for America’s economic future. Forty-one companies that successfully grew their exports recently received the President’s “E” Award during a ceremony at the White House. As part of “Commerce Comes to Your Town,” I’ve spoken in towns across the country and met with business leaders to get their input and spread our message. In fact, earlier in the day, I attended the TechBelt Export Summit in Youngstown, Ohio, where I was able to speak about how important exports are to that region.

NIST: Creating Jobs with Innovation

Image: NIST Under Secretary and Director Patrick Gallagher tours Omega Plastics

Guest blog post by Patrick Gallagher, Under Secretary  of Commerce for Standards and Technology and Director, National Institute of Standards and Technology

We’ve been hearing a lot about manufacturing, especially advanced manufacturing, these days. Things like U.S. manufacturing :

  • Is critical to innovation since it’s responsible for most of our private sector research and development;
  • Is increasingly about sophisticated computer-driven, highly productive worksites requiring skilled workers; and
  • Is a growing source of good jobs.

What we don’t hear about as often are specific cases where U.S. manufacturers are using new technologies to diversify their markets, improve their products, and create or retain jobs. I was fortunate today to visit one such company, Omega Plastics Inc., located in Clinton Township, MI, about an hour outside Detroit.

The event was part of a “Best Practice Tour” sponsored by the Michigan Manufacturing Technology Center (MMTC), an affiliate of NIST’s Manufacturing Extension Partnership (MEP).

New $6 Million Strong Cities, Strong Communities Challenge to Spur Economic Growth in Six Cities

Economic Development Administration-banner

Guest blog post by Acting Assistant Secretary of Commerce for Economic Development Matt Erskine

Today, at the annual meeting of the U.S. Conference of Mayors in Orlando, Florida, I joined Erika Poethig, the Assistant Secretary for Policy Development and Research at the U.S. Department of Housing and Urban Development (HUD), to launch the latest key components of the Obama administration’s Strong Cities, Strong Communities (SC2) initiative, which was announced in July 2011 to help strengthen local capacity and spark economic growth in local communities while ensuring taxpayer dollars are used wisely and efficiently.

The Commerce Department’s Economic Development Administration (EDA)—an SC2 Federal partner—announced the $6 million Strong Cities, Strong Communities Visioning Challenge to help economically distressed cities leverage innovative strategies to spur local economic and job growth.

The challenge will start with the competitive selection of six cities, one in each of EDA’s regions. Each of the winners will receive up to $1 million to conduct their own two-phase competitions. In the first phase, winning cities will encourage teams of experts in such fields as transportation planning, economic and community development, business incubation, and engineering to submit economic development proposals for their city or region. The highest-rated proposals, as evaluated by a city-appointed review panel, will receive cash awards. In the second phase, the finalists from the first round will compete for a cash prize by developing comprehensive economic development plans.

Acting Secretary Blank Highlights Competitions As a Tool For Improving American Competitiveness

This morning, Acting Secretary Rebecca Blank spoke before the Department of Energy’s National Clean Energy Business Plan Competition. The competition is part of the Obama administration's Startup America Initiative, the White House campaign to inspire and promote entrepreneurship. Launched in December 2011, the National Clean Energy Business Plan Competition included six regional competitions that served as platforms for college students to present business plans that transform great clean energy ideas into great businesses. The goal of building regional networks of student-focused businesses, as well as its inclusion of corporate leaders in the clean energy and venture capital sectors, builds squarely on existing partnerships with the Department of Commerce to spur domestic innovation and entrepreneurship.

Blank told the audience, which included the six regional winning teams, that the key to America’s success is innovation. . . new products, new processes, new ways of thinking.  Since the 1940s, over two-thirds of America’s economic growth has been directly related to increased productivity due to innovationthat’s both new products and new production processes.

Commerce's ITA Releases Data Showing International Visitor Spending Continues at Record-Setting Pace

Graph: U.S. Travel and Tourism-Related Exports

Rate is twelve percent increase over last year

Commerce’s International Trade Administration (ITA) today released tourism data revealing that international visitors spent an estimated $14 billion on travel to, and tourism-related activities within, the United States in April 2012—$1.5 billion more (12 percent) than was spent in April 2011.

The new data reaffirms the importance of the Obama administration’s efforts to increase travel and tourism in the United States and comes on the heels of the release of the National Travel and Tourism Strategy (PDF) last month. The National Strategy is a blueprint for the Federal government to welcome 100 million international visitors each year by the end of 2021. The visitors would spend an estimated $250 billion per year, supporting more jobs and spurring economic growth in communities across the country.  Read the full ITA release here.

Secretary Bryson Encouraged by President’s Export Council Recommendations to Help Strengthen U.S. Economy

Secretary Bryson addresses the President's Export Council

Yesterday, Secretary John Bryson met with the President’s Export Council (PEC) with two goals in mind: to discuss further ways to strengthen the U.S. economy; and to update PEC members on the actions taken by the Department and the administration to increase exports.

As the principal national advisory committee on international trade, the PEC provides a forum for public-private interaction at all levels of government and business. It is responsible for advising the president on government policies and programs affecting U.S. trade performance, covering topics that range from export promotion to deliberations over specific trade challenges in various industries and sectors.

Since the PEC last met, the Obama administration has made great strides in creating jobs, increasing exports and growing the economy. For example, the U.S.-Korea and U.S.-Colombia free trade agreements were implemented earlier this spring, and will drive billions of dollars in additional annual exports and create tens of thousands of American jobs.

A Collaborative Effort to Support Ogden, Utah’s Growing Software Applications Sector

EDA logo-banner

Guest blog post by Acting Assistant Secretary of Commerce for Economic Development Matt Erskine

Today, I joined Mayor Mike Caldwell in Ogden, Utah, to announce a $1 million investment by the Department of Commerce’s Economic Development Administration (EDA) with the Ogden City Corporation to help create a lab that will train workers and provide space for business startups in the growing field of software applications for mobile computing devices.

This new facility will be strategically located in Ogden’s downtown and will be operated by a consortium of experienced, capable partners, including the city of Ogden, Weber State University, the Weber State University Research Foundation, and private-sector industry leaders. It is exactly the type of collaborative partnership that EDA is excited to invest in.

Over a 10-year period, the new facility is expected to create 750 jobs and generate up to $4.6 million in private investment, according to grantee estimates. Its focus on software applications is very timely: You can’t walk down any street today, or sit in any coffee shop for long, without seeing smart phones and tablet computers all around you. And while it’s only been a few years since these devices first came on the market, they’ve been a runaway hit ever since: Demand for them has skyrocketed, and with it the demand for applications, or “apps,” that run on them.

Europe Travel Log: Secretary Bryson Takes Key Meetings in Dusseldorf and Visits Training Facility in Berlin, Germany

Consul General Janice G. Weiner; Commerce Secretary John Bryson; NRW Economics Minister Harry K. Voigtsberger; U.S. Ambassador to Germany, Philip D. Murphy.

Following his visit to Paris, France earlier this week, U.S. Commerce Secretary John Bryson visited Dusseldorf, Germany on Wednesday, before taking off for Berlin. Secretary Bryson is in Europe this week to meet with government and business leaders, reaffirm the United States’ commitment to lowering trade barriers, and encourage European businesses to invest in the U.S.

In the morning, Secretary Bryson led a roundtable discussion with key members of the U.S. and German business community, including representatives from UPS, FedEx, and the American Chamber of Commerce, among others, as well as the Economics Minister of North Rhine Westphalia. The group discussed successes and challenges in trade and investment, as well as opportunities for continued cooperation and public-private partnerships, such as the Commerce Department partnerships with FedEx and UPS, to promote exports and build greater awareness of Commerce programs and initiatives to help small businesses. Secretary Bryson took the opportunity to encourage further German investment in the United States, highlighting the attractiveness of the investment climate and resources for potential investors, including SelectUSA, the first coordinated effort by the U.S. government to attract new business investments to America.

U.S. Commerce Secretary John Bryson Delivers Remarks to Steel Manufacturers Association

This afternoon, Commerce Secretary Bryson delivered keynote remarks at the Steel Manufacturers Association (SMA) 2012 Annual Members conference, where he discussed the importance of the steel industry and the administration’s efforts to support U.S. manufacturers.

As the Secretary said, this administration understands the importance of supporting U.S. manufacturers. When President Obama came into office, the United States was at risk of losing over one million auto industry jobs. The ripple effect on the supply chain would have been devastating, potentially eroding the U.S. manufacturing base and driving the economy from a deep recession into depression. Instead, due to the president’s leadership, the auto industry survived and is now thriving, adding more than 200,000 jobs over the last two and one-half years.

There is an inextricable link between America’s ability to produce and America’s ability to innovate, compete and create jobs. Manufacturing is responsible for 70 percent of U.S. private sector R&D, 90 percent of patents, and 60 percent of our exports. In addition, the Commerce Department released a report just last week showing that manufacturing workers earn pay and benefits about 17 percent higher than other workers.

U.S.-Colombia Trade Promotion Agreement Now in Force!

Colombian porches superimposed on map of Colombia

Ed Note: The following is a cross-post that originally appeared on ITA's blog, "Tradeology."

Christopher Blaha is a Senior International Economist within the Office of Trade and Policy Analysis and Julie Anglin is the Colombia Desk Officer within the International Trade Administration.

Today more than 80 percent of U.S. exports of consumer and industrial products to Colombia become duty-free as part of the U.S.-Colombia Trade Promotion Agreement. This includes agricultural and construction equipment, building products, aircraft and parts, fertilizers, information technology equipment, medical scientific equipment and wood. Also, more than half of U.S. exports of agricultural commodities to Colombia become duty-free, including wheat, barley, soybeans, high-quality beef, bacon and almost all fruit and vegetable products.

The agreement also provides significant new access to Colombia’s $180 billion services market, supporting increased opportunities for U.S. service providers. For example, Colombia agreed to eliminate measures that prevented firms from hiring U.S. professionals, and to phase-out market restrictions in cable television.

Prior to the enactment of this agreement, the average tariff that U.S. manufactured goods faced entering Colombia was 10.8 percent. With entry into force today, Colombia’s average tariff rate for manufactured goods from the United States has been reduced to 4 percent.

Department of Commerce and Environmental Protection Agency Announce New Initiative to Boost exports and Create Jobs

Secretary Bryson, second from right, poses with government and university officials

Today, at a Technology Market Summit held at American University, Commerce Secretary John Bryson and U.S. Environmental Protection Agency Administrator Lisa P. Jackson launched an environmental technology initiative to help create American jobs in the growing environmental industry.

The Environmental Technologies Export Initiative builds on President Obama’s National Export Initiative, which aims to double U.S. exports by the end of 2014 and support millions of American jobs.

As Secretary Bryson pointed out in his remarks at the event, the American environmental industry generates approximately $312 billion in revenues each year, with a global market of more than $800 billion. This growing industry employs nearly 1.7 million Americans and includes over 60,000 small businesses across the country.

The initiative will include a web-based tool, which is scheduled to be launched in the fall at export.gov. This will help environmental firms find the tools and information they need to sell their goods abroad.

Secretary Bryson Discusses the Future of U.S. Manufacturing at MIT

Secretary Bryson Discusses the Future of U.S. Manufacturing at MIT

There is a powerful link between America’s ability to make things and America’s ability to innovate, compete, and create good jobs, as Secretary John Bryson said today when he spoke to CEOs, students and faculty at “The Future of Manufacturing in the U.S.” conference at the Massachusetts Institute of Technology. The Secretary took the opportunity to discuss the importance of manufacturing in boosting U.S. economic growth, job creation and exports, as part of the administration's ongoing efforts to encourage companies to build things in America and sell everywhere around the globe.

Bryson also released a new U.S. Commerce Department Economics and Statistics Administration (ESA) report titled “The Benefits of Manufacturing Jobs,” an analysis of wages and benefits of manufacturing workers, which provides fresh evidence that manufacturing jobs encourage innovation and support economic security for America’s middle class. The report finds that total hourly compensation for manufacturing workers is 17 percent higher than for non-manufacturing workers. It also shows that manufacturing jobs are becoming more skilled and heavily reliant on science, technology, engineering and math (STEM) fields, and that manufacturing is responsible for 70 percent of our private sector R&D, 90 percent of our patents, and 60 percent of our exports.

After a decade in which the United States lost many manufacturing jobs, American manufacturers have added back 489,000 jobs since January 2010—the best streak since 1995. In the first four months of 2012 alone, the U.S. manufacturing sector added 139,000 jobs. At the same time, the number of job openings in manufacturing has more than doubled.

Manufacturing: Key to an Innovation-Based Economy

Under Secretary of Commerce and NIST Director Patrick Gallagher (left) participates in panel on advanced manufacturing

Scientists, industry leaders and public officials came together this week for a dialogue on innovation at The Atlantic's “From Inspiration to Innovation Summit,” held at Ronald Reagan Washington National Airport in Arlington, Va. Under Secretary of Commerce for Standards and Technology and National Institute of Standards and Technology (NIST) Director Patrick Gallagher was among the invited speakers on the panel, “Advanced Manufacturing: Made in America. . . Again?”

Responding to a question about NIST’s role in supporting manufacturing, Gallagher pointed out that the agency’s mission goes back more than 110 years. Then, and now, that mission has been to ensure that U.S. industries have the infrastructure of measurements, standards, and technology they need to be competitive in global markets, particularly manufacturing-based industries. That mission is even more important today, when so much manufacturing is tied to advanced technology, and our research and development—our ability to innovate—is deeply embedded in our manufacturing capability.

Economic and Statistics Administration Releases Report on "The Benefits of Manufacturing Jobs"

Stats and figures in Visual Form

Today the Economic and Statistics Administration released a report entitled "The Benefits of Manufacturing Jobs" (PDF) that explores benefits to workers and to our nation of a strong manufacturing sector. The current economic recovery has witnessed a welcome return in manufacturing job growth.  Since its January 2010 low to April 2012, manufacturing employment has expanded by 489,000 jobs or 4 percent— the strongest cyclical rebound since the dual recessions in the early 1980s.  From mid-2009 through the end of February 2012, the number of job openings surged by over 200 percent, to 253,000 openings. Coupled with attrition in the coming years from Baby Boomer retirements, this bodes well for continued hiring opportunities in the manufacturing sector.

The rebound in manufacturing is important, not only as a sign of renewed strength, but also because manufacturing jobs are often cited as “good jobs:” they pay well, provide good benefits, and manufacturing workers are less likely to quit than workers in other private sector industries. In fact, our analysis finds evidence in support of these claims.  Specifically, this report shows that:

Secretary Bryson Declares May World Trade Month

Photo of manufacturing materials at Port of Baltimore)

Today, Commerce Secretary Bryson issued a statement in honor of May 2012 World Trade Month, which is marked annually by a series of state and local events across the country to promote U.S. trade relationships and provide resources to U.S. businesses looking to export their goods and services around the world.  World Trade Week, which falls in the third week of May, is recognized by a presidential proclamation annually.

Two years ago, the president set a goal of doubling our nation’s exports in five years through the National Export Initiative (NEI). On the second anniversary of the NEI, we announced that 1.2 million more Americans have export-supported jobs due to U.S. exports increasing by one-third from 2009 to 2011.  This is particularly good news because export-related jobs–like manufacturing jobs–pay higher than average.

To keep this momentum, this administration is committed to giving American workers and businesses a fair shot in the global economy by supporting trade agreements that will open up markets to U.S. companies, working to aggressively investigate unfair trade practices taking place anywhere in the world, and continuing to work to ensure that our workers and businesses are competing on a level playing field.

Secretary Bryson Keynotes Manufacturing Summit Hosted by Senator Gillibrand in Rochester, New York

Secretary Bryson keynotes manufacturing summit, tours site with Senator Gillibrand

This morning, U.S. Commerce Secretary John Bryson delivered remarks at an upstate New York manufacturing summit hosted by U.S. Senator Kirsten Gillibrand and the Rochester Institute of Technology (RIT) at RIT’s Center for Student Innovation. He delivered the keynote address, discussing the administration’s initiatives to help businesses “build it here and sell it everywhere” around the world. Rochester, New York, has a long tradition of leadership in manufacturing and technology. Fueled by a well-educated workforce and commitment to entrepreneurship, Rochester has provided a great example of what American innovation can bring to the U.S. economy.
 
While in Rochester, the Secretary had a chance to tour RIT’s construction of their brand new facility, where students will soon be performing cutting-edge research in sustainability. The Commerce Department helped make this facility possible through a $13.1 million grant from Commerce's National Institute of Standards and Technology (NIST).
 
In the afternoon, the Secretary visited a business called Schlegel Systems, Inc., a company that specializes in seals, gaskets and brushes for the building products, automotive and copier industries. The Commerce Department’s Manufacturing Extension Partnership (MEP) in New York is working with Schlegel Systems, Inc. to accelerate new products into the marketplace and expand their markets, along with many other companies. Recent annual data shows that businesses that teamed up with the New York MEP had over $400 million in sales, helping to keep or create nearly 4,000 jobs.

U.S. Commerce Secretary John Bryson Delivers Remarks to Silicon Valley Business Leaders

Secretary Bryson addresses the Silicon Valley Leadership Group in San Jose, CA.

Commerce Secretary John Bryson delivered remarks and participated in a discussion today at the Silicon Valley Leadership Group (SVLG) annual “CEO Business Climate” Summit at IBM in San Jose, Calif. Bryson focused on the ways the administration is supporting American competitiveness and innovation.

In the past 25 months, the United States has added nearly four million jobs, and SVLG reported today that more than 60 percent of their members had added jobs last year. These jobs help continue to strengthen the country’s economic recovery, and Bryson laid out a few of the ways to helping businesses keep that momentum going.

Bryson discussed the importance of investment in the U.S. by both domestic and foreign firms, including through the Commerce Department’s SelectUSA initiative.

He also emphasized the importance of science, technology, engineering and mathematics (STEM) fields, where many job openings exist. The president’s 2013 budget requests $3 billion in STEM programs across the federal government. In addition, this week, President Obama is calling on Congress to pass legislation that would prevent interest rates from doubling for seven and one-half million students starting July 1.

U.S. to See Boost in International Tourism

Secretary Bryson Speaking at the U.S. Travel Association's International Pow Wow

U.S. Commerce Secretary John Bryson has announced that the U.S.’ number-one services export, travel and tourism, is growing stronger, creating jobs and boosting the American economy.

The Secretary announced today that the United States can expect to see a 4-5 percent average annual growth in tourism over the next five years, predicting that 65.4 million foreign travelers are projected to visit the United States in 2012 alone.

The Spring 2012 Travel and Tourism Forecast, released semi-annually by the International Trade Association (ITA), predicts continued strong growth in tourism to the U.S. following two consecutive record-setting years.

Secretary Bryson announced the Forecast at the U.S. Travel Association’s International Pow Wow annual event in Los Angeles, where he delivered remarks before more than 5,000 people from 70 countries from the travel and tourism industry.

Commerce’s Office of Innovation and Entrepreneurship Invests in the Jobs and Industries of the Future

EDA logo-banner

Guest blog by Matt Erskine, Acting Assistant Secretary for Economic Development

To mark the one-year anniversary of the White House Startup America Initiative, in January President Obama sent Congress a proposal to expand tax relief and unlock capital for startups and small businesses that are creating jobs.

When he launched the initiative a year ago, the president sought to promote the success of entrepreneurs across the country. The private sector responded with the Startup America Partnership, launching new entrepreneurial networks all across the country. AOL co-founder and member of the President’s Jobs Council, Steve Case, and the Kauffman Foundation joined to form the Startup America Partnership, which is a nonprofit alliance of entrepreneurs, major corporations and service providers that has mobilized more than $1 billion in business resources to serve as many as 100,000 startups over the next three years.

This year, the administration unveiled several new agency actions to accelerate the growth of young, job-creating companies, at the same time that new entrepreneur-led regional coalitions are launching throughout the nation.

One of those efforts will fuel regional innovation. In the coming months, the Department of Commerce’s Economic Development Administration (EDA), along with several Federal partners, will launch the third round of the i6 Challenge, a multiagency competition which funds regional collaborations to bring innovative, ground-breaking ideas from the lab to the marketplace, creating new startups and jobs across the country. Commerce is also launching a new initiative to connect entrepreneurs with the resources made available through the Startup America Partnership and its partners.

Creating High-Quality Jobs in Growing Industries through Public-Private Partnerships

Sandia Science and Technology Park

Guest blog post by Acting Assistant Secretary for Economic Development Matt Erskine

There are dynamic collaborations and initiatives supporting regional growth strategies across the country. Today, I addressed a group of entrepreneurs, venture capitalists and technology commercialization leaders brought together by Technology Ventures Corporation during their Deal Stream Summit. This premier conference seeks to facilitate investment partnerships between federal labs, start-ups, innovators, and the venture community to bolster commercialization of technology and increase competitiveness. I discussed the Obama administration’s commitment to advancing innovation and accelerating the commercialization of new technologies to the marketplace.

Earlier in the day, I visited the Sandia Science and Technology Park in Albuquerque, New Mexico. With their focus on advanced technologies, technology parks such as this are vital to America’s economic future. These public-private ventures bring together innovators with entrepreneurs and transform theoretical ideas for the marketplace. It’s quite a dynamic environment for the businesses located there, such as ATA Aerospace, Emcore Photovoltaics, and Nanogenesis. And the end results? They include the development of new and unique products, the creation of high-quality jobs, the growth of vibrant communities, and an improvement in the quality of life—both in the immediate region and well beyond.

$200 Million Post-Disaster Funding to Help Jumpstart Regional Economies

Official EDA seal

Guest blog post by Acting Assistant Secretary for Economic Development Matt Erskine

When a natural disaster hits a community—whether it is a flood, a tornado, or any other kind of disaster—it does more than wreak havoc on homes and personal lives. It also has devastating, long-term effects on the economic life of those communities, destroying vital infrastructure, such as public utilities, transportation links, and communications systems on which businesses depend.

I’m happy to announce today that the U.S. Department of Commerce’s Economic Development Administration (EDA) is making available $200 million in funds for communities affected by disasters in fiscal year 2011. These funds are designed to mitigate those long-term effects on business infrastructure and allow communities to bring their economies, and the jobs that come with them, back to life.

It’s no secret that the funding EDA provides is vital to ensuring the long-term economic health of communities affected by a disaster. In Joplin, Missouri, for example, EDA provided $341,000 after that community was devastated by tornadoes in 2010. Those funds allowed the state to hire economic recovery coordinators who were instrumental in building strong public-private partnerships that have been critical to restoring the economic vitality of that region.

Making America a Top Tourist Destination: Commerce and Interior Keep Up Efforts to Increase Visitation

Guest blog post by Commerce Secretary John Bryson and Interior Secretary Ken Salazar

This month, more than a million visitors from across the country and around the world are coming to our nation’s capital to see the cherry blossom trees that bloom each spring among some of America’s most treasured historical landmarks. From the purchase of airline tickets to dining in area restaurants to staying in hotels, these visitors are infusing millions of dollars into the community and supporting local businesses.
 
As we search for ways to grow our nation’s economy, we must not overlook the travel and tourism industry as a source for economic opportunity. According to data released by the Commerce Department earlier today, tourism spending increased 8.1 percent in 2011 and supported an additional 103,000 jobs, for a total of 7.6 million jobs.
 
A big factor in the increase was a surge in international visitors to our country: in 2011, 2.5 million more international visitors came to the United States compared with the previous year. These international visitors spent an all-time record of $153 billion on U.S. travel and tourism-related goods and services.
 
As this data reveals, the travel and tourism industry is one of the most important engines of our economy—in fact, it is our number-one service export. That is why President Obama recently announced the creation of a Task Force on Travel and Competitiveness, which charged us with leading efforts to develop recommendations for a National Travel and Tourism Strategy to promote travel throughout the United States.

NACIE Promotes Innovative Lab-to-Market Strategies to Spur Economic Growth

Erskine and Kappos at NACIE meeting

Guest blog post by Acting Assistant Secretary Matt Erskine, Economic Development Administration

Today I joined my colleagues, Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office David Kappos and Associate Director for Innovation and Industry Services at the National Institute of Standards and Technology Phillip Singerman, at a meeting of the National Advisory Council on Innovation and Entrepreneurship (NACIE) in New Orleans. The quarterly meeting of NACIE’s board coincided with local Entrepreneurship Week activities and brought together over 250 entrepreneurs, innovators and business leaders to discuss how we can best support them.

NACIE is a public-private partnership started by the Department of Commerce to provide guidance on how we can best support the growing businesses that will create the jobs and industries of the future. When I addressed the forum, I highlighted the Obama administration’s commitment to making investments in innovation and entrepreneurship including the recently announced $15 million Rural Jobs and Innovation Accelerator Challenge, which will boost rural innovation clusters and the soon-to-be-announced next round of the i6 challenge to reward innovative, groundbreaking ideas that accelerate technology commercialization.

Secretary Bryson Meets with Advanced Manufacturing Partnership Steering Committee

Nanofabrication facility at NIST where manufacturers come to study new ways to make advanced computer chips, nanoscale batteries, and other high-tech products.  Photo credit:  Photo by Kristen Dill

Yesterday, U.S. Commerce Secretary John Bryson delivered remarks at a meeting of the Advanced Manufacturing Partnership (AMP) Steering Committee. At yesterday’s meeting, held at the White House, the Steering Committee discussed recommendations targeting issues in manufacturing, focusing on technology development, policy, education and workforce development, and shared facilities and infrastructure.

AMP is a collaboration between industry, academia and government leaders to accelerate the development of the U.S. advanced manufacturing sector and to shape the administration’s Advanced Manufacturing Strategy. AMP is guided by a Steering Committee, which is co-chaired by Andrew Liveris, President, Chairman and CEO of the Dow Chemical Company, and Susan Hockfield, President of the Massachusetts Institute of Technology. Their final report will be reviewed by PCAST, the President’s Council of Advisors on Science and Technology, in April. Though AMP is still at work on the recommendations, several were prioritized for early action and implementation by Secretary Bryson.

Acting Deputy Secretary Rebecca Blank Swears In Nine New Patent Judges to Help Reduce Patent Backlogs

Acting Deputy Secretary Blank Delivers Remarks at Swearing-In Ceremony for New Patent Judges

Guest blog post by Acting Deputy Secretary of Commerce Rebecca Blank

As part of our ongoing efforts to make government more accountable to the American people and cut wasteful spending, this afternoon I had the honor of swearing in nine new administrative patent judges who will help reduce patent backlogs. These nine talented and dynamic individuals will serve on the Board of Patent Appeals and Interferences in the U.S. Patent and Trademark Office (USPTO), joining the dedicated public servants at USPTO who support millions of jobs in the intellectual property industry.

Today, a high share of companies regularly relying on robust intellectual property (IP) protections to attract investor capital and stay competitive. These IP-intensive firms create an average of three million U.S. jobs per year. More than ever, we must be efficient and effective in helping entrepreneurs protect their intellectual property.

America’s entrepreneurs are the primary source of new ideas that drive innovation. Entrepreneurs provide us with better production processes, new advances in health, and improved consumer products. These are people who can move from ideas to products and from products to the marketplace. These activities strengthen our economy and our global competitiveness. And they create jobs.

President Obama Announces New Steps to Promote Manufacturing, Increase U.S. Exports

Jim Albaugh, President and CEO of Boeing Commercial Airplanes, President Obama with Jim McNerney, CEO and chair of the PEC (Photo: Boeing)

Last Friday, President Obama visited the Boeing assembly facility in Everett, Washington to announce new steps to promote American manufacturing and increase U.S. exports. Manufacturing represents nearly 60 percent of total U.S. exports, and Boeing, whose CEO Jim McNerney is Chair of the President's Export Council (PEC), is one of the country’s leading exporters of manufactured goods with more than $34 billion in total exports in 2011. The PEC is chartered  to advise the president on real ways to boost innovation, competitiveness, and trade for American businesses. Mr. McNerney brings great skill and know-how to the PEC.

The Obama administration has provided important support to Boeing’s export success, and the president has made unprecedented efforts to open up markets for American goods and to level the playing field for all American companies.  Over the past year, the president has signed into law a series of trade agreements that will provide a major boost to our exports by making it easier for American companies to sell their products in South Korea, Colombia, and Panama. In addition, record-setting efforts at the Export-Import Bank–through direct loans, credit guarantees, and credit insurance–have helped U.S. exports remain on target to meet the president’s goal to double exports between 2010 and 2015.

Secretary Bryson Highlights Balanced Trade Growth, Promotes Exports at U.S.-China Trade Forum in Los Angeles

Secretary Bryson greets Chinese Vice President Xi Jinping prior to the U.S.-China Business Cooperation Forum.

Commerce Secretary John Bryson spoke today at the U.S.-China Economic and Trade Cooperation Forum in Los Angeles, highlighting ways the U.S. and China can cooperate to establish a level playing field, generate economic growth and create good jobs. In his remarks, he addressed the need to achieve balanced trade growth and increase U.S. exports to China.

Bryson also highlighted the progress of President Obama’s SelectUSA initiative, led by the Commerce Department, which is designed to help businesses from around the world, including China, make direct investments in the U.S. and create jobs for American workers.

Los Angeles Mayor Antonio Villaraigosa, California Governor Jerry Brown, and Under Secretary of Commerce for International Trade Francisco Sánchez also spoke. Vice President Xi Jinping of the People’s Republic of China was the keynote for the event.

The forum was part of Vice President Xi’s week-long visit to the U.S., the second of the planned reciprocal visits between the Vice Presidents announced by President Obama and Chinese President Hu Jintao during the latter’s state visit to Washington last year.

Also today, President Obama announced new steps aimed at promoting American manufacturing and increasing U.S. exports to help U.S. companies build things here and sell them everywhere.  

In case you missed it, you can read an op-ed published today by Secretary Bryson highlighting the fact that American manufacturing and exporting are showing signs of growth, and how the president and the Commerce Department are helping to build on this progress and create an economy that's built to last.

Commerce's EDA Promotes American Manufacturing

EDA logo

Manufacturing represents nearly 60% of total U.S. exports and will play a vital role in America’s economic recovery.

During his State of the Union address, President Obama laid out a blueprint for an "America Built to Last." That starts with American manufacturing. And in his FY2013 budget request, the president outlined strong support for manufacturers by increasing investments in advanced manufacturing, new trade promotion efforts, and innovation.

Today, the president toured the Boeing assembly facility in Everett, Washington, to announce new steps aimed at promoting American manufacturing and increasing U.S. exports. This visit comes on the heels of his trip to Milwaukee, Wisc., where he toured Master Lock, a company that is insourcing and selling their products all over the world.

Federal agencies are making significant investments in innovation and American manufacturing. During the past two years, we have begun to see positive signs in American manufacturing, with the manufacturing sector adding more than 400,000 jobs-the first period of sustained job growth in manufacturing since the 1990s.

Leading the Way for U.S. Aerospace Companies at the Singapore Air Show

Assistant Secretary Nicole Y Lamb-Hale (third from left) with the staff of the U.S. International Pavilion at the 2012 Singapore Air Show.

Guest blog post by Nicole Y. Lamb-Hale, Assistant Secretary for Manufacturing and Services, International Trade Administration

This week I’m in Singapore leading a delegation of fifteen small and medium sized U.S. aerospace companies to the 2012 Singapore Air Show. The delegation is part of the overall presence of U.S. companies at the U.S. International Pavilion, which this year featured more than 70 companies, 27 of whom are first time exhibitors. In total, more than 170 U.S. companies are exhibiting at the air show, which is Asia’s largest aerospace and defense event and one of the top three air shows in the world.

One of the highlights of my trip was witnessing a signing ceremony between Boeing and Indonesia’s Lion Air. Lion Air has agreed to buy 230 new 737-model aircraft from Boeing, valued at $21.7 billion, making it the largest commercial deal in company history. The sale is estimated to support 110,000 industrial jobs in the U.S.

Acting Deputy Secretary Blank Tours Factory in Flint, Mich.

Photo: Veronica Artis, Executive Vice President, Genesee Packaging; Flint Mayor Dayne Walling; Dr. Blank; Jane Worthing, Chief Operating Officer, Genesee Packaging, Terence Broussard, Operations/Sales Manager, Genesee Packaging

Yesterday, Acting Deputy U.S. Commerce Secretary Rebecca Blank traveled to Flint, Michigan, to tour the factory floor at Genesee Packaging, Inc., along with Flint Mayor Dayne Walling, Genesee Packaging President and CEO Willie Artis, and other employees. Her visit followed the release of President Obama’s fiscal 2013 budget request Monday, where the president laid out his blueprint for an economy built on American manufacturing, American energy, and skills for American workers.

Following the tour, Blank highlighted investments in the new budget proposal that will support U.S. manufacturers and help more American companies like Genesee Packaging keep making their goods here and sell them in markets abroad–both of which are top priorities of President Obama and U.S. Commerce Secretary John Bryson. In addition, Blank participated in a roundtable with area business leaders at the Genesee Regional Chamber of Commerce.

Acting Deputy Commerce Secretary Rebecca Blank Highlights Skills Initiatives in Madison, Wisconsin

Image of a "truck classrom": Bringing the Classroom to the Community

President Obama recently laid out plans in his State of the Union address to foster an economy that’s built to last by ensuring that America has the highly skilled workers necessary for 21st century jobs. Yesterday, Acting Deputy Commerce Secretary Rebecca Blank traveled to Madison, Wisconsin, where she visited the Madison Area Technical College, a training ground for students that leads directly to skilled manufacturing jobs nationwide. Blank met with students and sat in on a training class focused on hybrid vehicle technology. Blank also delivered remarks on science, technology, engineering and mathematics (STEM) workforce training and met with business and university leaders. Commerce’s Economic Development Administration recently teamed up with Madison College to provide mobile technical training opportunities both on-campus and throughout the region. The training focused on advanced manufacturing and automotive technology.

Blank also visited with several business and academic leaders, who are vital partners in the area of technical training at the Wisconsin Institutes for Discovery.

Colorado Manufacturers & Obama Administration Officials Discuss Efforts to Build a Recovery That Lasts

Guest blog post by Commerce Assistant Secretary for Economic Development John R. Fernandez

On February 7, 2012, my colleague Phil Singerman, Associate Director for Innovation and Industry Services at the Department of Commerce’s National Institute of Standards and Technology, and I joined local manufacturers in Colorado to discuss lab-to-market strategies during an innovation and commercialization forum hosted by the Colorado Association for Manufacturing and Technology.

In his State of the Union address, President Obama noted that “Innovation also demands basic research. Today, the discoveries taking place in our federally-financed labs and universities could lead to new treatments that kill cancer cells but leave healthy ones untouched. New lightweight vests for cops and soldiers that can stop any bullet.”

Manufacturers in Colorado and across the nation are developing new ideas, research and products to solve the pressing issues we face and create the jobs and industries of the future. Over the last three years, the Obama administration has been making smart investments to accelerate the process for taking research from labs to the marketplace and create jobs for America’s workers.

Working with Florida Businesses to Create an Economy Built to Last

Sánchez speaking with Vaughn after a White House Hispanic Community Action Summit

Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International Trade, International Trade Administration

It’s always good to be back in my hometown of Tampa, Florida.

This morning, I was proud to participate in a powerful and productive discussion at a White House Hispanic Community Action Summit, which took place at the University of Tampa. It was another great opportunity for Obama administration officials and community leaders to exchange thoughts and perspectives about the challenges currently facing our nation.

Although a number of topics were discussed, there was one that was near the top of everybody’s agenda—the economy.

Sure, there’s been a lot of good news lately; all of us were very encouraged by today’s jobs report which showed that 257,000 private sector jobs were created in January and the unemployment rate fell to 8.3 percent.

Thanks to President Obama’s leadership, the United States has had 23 straight months of private sector growth, for a total of 3.7 million jobs over that period.

But, there’s still a lot of work to do to ensure that everybody who wants a job can get one.

Commerce Secretary John Bryson Visits Manufacturing Facility in Columbus, Ohio

Secretary Bryson learning about the newest line of Entrotech lacrosse handles

Today, three days after attending the president’s State of the Union address, Commerce Secretary and former CEO John Bryson traveled to Columbus, Ohio, where he toured Entrotech, a manufacturing facility, and met with local business leaders. The Secretary also toured EWI before giving brief remarks about the Department of Commerce’s focus on supporting American manufacturers so they are able to build their products in America and sell them everywhere around the globe.

Following his remarks, the Secretary participated in a White House Business Council Roundtable discussion with business leaders. The final stop was at the Battelle Memorial Institute in Columbus, directly adjacent to Ohio States campus, where the Secretary saw old innovations, such as one of the first Xerox copiers, to the latest technologies in development.

The Commerce Department’s SelectUSA program is helping ensure that more domestic and foreign firms are investing here in the U.S. We want to build on the momentum that we see in bringing jobs back. That’s exactly what companies like Entrotech are poised to do. They are generating innovative ideas on product design and development that can change entire industries, making them more globally competitive.

Acting Deputy Secretary Rebecca Blank Visits Tech Town in Dayton, Ohio

Acting Deputy Secretary Blank Inspects an Unmanned Aerial Vehicle

Two days after President Obama laid out plans in his State of the Union address to support innovation and bolster U.S. manufacturing, Acting U.S. Deputy Commerce Secretary Rebecca Blank visited Tech Town, a premier commercial technology campus, in Dayton. There, she toured UA Vision and Persistent Surveillance, startup companies that are commercializing federally-supported research, and delivered remarks about the importance of investing in innovation and a skilled labor force to create jobs in a 21st century economy.

While in Dayton, Blank also participated in a roundtable with local business leaders to discuss how Department of Commerce resources can help them become more innovative and competitive. In addition, she toured the Wright-Patterson Air Force Research Laboratory, a major area job magnet which conducts critical research and development work, among other services.

The Commerce Department is also working hand-in-hand with local companies to continue innovating and exploring. Through the Ohio Manufacturing Extension Partnership, Commerce has worked with more than 300 companies in southwest Ohio. Commerce’s Economic Development Administration even teamed up with the state to help build Tech Town. 

North Carolina Manufacturing is Supporting an Economy Built to Last

Sanchez tours manufacturing plant in North Carolina

Guest blog post by Francisco J. SánchezUnder Secretary of Commerce for International Trade

Good things are happening here in North Carolina.  

Today, I’ve had the pleasure of spending some time in the Tar Heel state, visiting companies, meeting with business and community leaders, and seeing up close just how a thriving manufacturing sector is positively impacting jobs and the economy.

The morning began with a tour of Parkdale Mills, a yarn company that was founded nearly a century ago with one mill and less than 200 employees.

In the years since—despite all the changes that have occurred in the industry—Parkdale has done more than survived. It’s thrived. The numbers are staggering.

Federal Investments Catalyzing the Growth of the Critical, Job-Creating St. Louis Biosciences Cluster

Guest blog by Matthew S. Erskine, U.S. Deputy Assistant Secretary of Commerce for Economic Development

Today, I was pleased to join St. Louis Mayor Francis Slay and colleagues from the U.S. Small Business Administration (SBA) and the Department of Labor’s Employment and Training Administration (DOL/ETA) at an event to spotlight federal investments that are catalyzing the growth of the critical, job-creating St. Louis biosciences cluster.

The day was focused on the partnership between the St. Louis County Economic Council, the St. Louis Agency on Training and Employment, and the St. Louis Minority Supplier Development Council to establish the St. Louis Biosciences Jobs and Innovation Accelerator project.

With more than $1.8 million in federal investment, including $702,765 from EDA, $973,015 from SBA, and $150,000 from the DOL/ETA, this project will work to accelerate the growth of the region’s biosciences cluster and spur the formation of new companies and associated job creation.

EDA’s funding for the project will bring early-stage technologies into the commercialization pipeline by addressing identified gaps and challenges, including access to a skilled workforce of experienced entrepreneurs that are needed to enable companies to grow.

President Obama Meets with the Council on Jobs and Competitiveness

Cross post to the White House Blog

Today, President Obama convened a meeting of the Council on Jobs and Competitiveness, a group of 27 leaders from business, labor and academia tasked with providing the President advice on strengthening our nation’s economy.

Since its first meeting about a year ago, the Council has put forward a host of recommendations that foster growth, competitiveness, innovation, and job creation, both now and for the future. Of the 35 specific recommendations the Council has made that don’t require legislative action, President Obama has taken action on 33 of them and his administration has already implemented 16.

Some of the implemented recommendations include proposing new tax rules that encourage businesses to invest and create jobs in the United States instead of overseas, expediting job-creating infrastructure projects across the country, eliminating inefficient and burdensome federal regulations, and streamlining government.

At today’s meeting, President Obama praised the Jobs Council for the work they are doing to help our country move forward.

"I recognize a lot of these issues are difficult. They’ve proven challenging for decades. The good news is on each of these fronts we’ve made progress this year. I feel confident in being able to say that every one of the agencies in this government has been focused on how do they improve, get smarter, get better, get faster, become more focused on delivering good value to the end user. And I believe that we’ve made genuine progress on all these fronts. We would not have made this progress without this Jobs Council."

The Jobs Council released a new report in advance of today's meeting that details recommendations to improve our nation's long-term competitiveness by investing in our education system, building on our strengths in manufacturing and energy, and reforming our regulatory and corporate tax systems. Read the full report here.

Acting Deputy Secretary Blank Tours CES Promoting American Innovation and Competitiveness

Acting Deputy Secretary Blank and Dean Kamen Listen on a Panel

On Thursday, Acting Deputy Commerce Secretary Rebecca Blank visited the Consumer Electronics Show in Las Vegas, where she delivered opening remarks and participated in a panel discussion. The panel, titled “Getting Us Back on Track: How Technology and Innovation Can Save America” focused on the integral role innovation and technology play to the U.S. economy.

Blank said, “Innovation is crucial to the economy.  And while private citizens and private businesses are the primary source of new ideas—from concept to commercialization—the government plays a key role in this effort. The returns in new jobs and new technologies have traditionally far exceeded the money invested on the front end by the federal government.”

Referencing the recently released COMPETES report, Blank stated, “Only with a laser-sharp focus on education, innovation and infrastructure, will we build the basis for a 21st century economy that allows American businesses to flourish in an increasingly competitive global market. And only when American businesses flourish will we see the sort of job growth and income growth that assures economic opportunity to middle class Americans.”

Also while at the show, Blank toured the International Trade Agency’s International Buyer Program’s International Commerce Center and met domestic and foreign commercial service officers who assist American businesses in exporting. Afterwards, she presented an Export Achievement Award to Meridrew Enterprises. Meridrew Enterprises is a small, woman-owned company that is an industry leader in high performance screen cleaning technology. Their products have been used on the windows of the Space Shuttle and International Space Station.

Insourcing American Jobs Forum at the White House

President Obama at the Insourcing American Jobs Forum (WH photo)

Cross post to the White House Blog

At today's "Insourcing American Jobs" forum, President Obama talked about his hope for the future:

I don’t want America to be a nation that’s primarily known for financial speculation and racking up debt buying stuff from other nations. I want us to be known for making and selling products all over the world stamped with three proud words:  “Made in America.”  And we can make that happen.

I don’t want the next generation of manufacturing jobs taking root in countries like China or Germany. I want them taking root in places like Michigan and Ohio and Virginia and North Carolina. And that’s a race that America can win. 

There are signs that the country might be moving closer to that vision, and the President is hard at work to help deliver it.

"[My] message to business leaders today is simple: ask yourselves what you can do to bring jobs back to the country that made our success possible," the President said. "And I'm going to do everything in my power to help you do it. We're going to have to seize this moment."

Learn more:

Brundage Post: Resurgence of the American Auto Industry

Cross post blog by Amy Brundage, White House Deputy Press Secretary for the Economy

Yesterday, the North American International Auto Show kicked off in Detroit, with companies unveiling their new vehicles and folks eager to get their first peek. Transportation Secretary Ray LaHood was on hand for the opening events, and Commerce Secretary John Bryson, Energy Secretary Steven Chu, EPA Administrator Lisa Jackson, and the Labor Department’s Director Office of Recovery for Auto Communities and Workers Jay Williams are all taking part in auto show activities this week.

The auto industry had a strong year in 2011. It’s easy to forget, but just a few years ago many people doubted whether there would even be an American auto industry in 2011.

When President Obama took office, we faced the worst recession since the Great Depression, and the American auto industry was hit hard. Hundreds of thousands of jobs were lost in the auto industry, and entire communities that depended on a dealership or a parts manufacturer were affected.

Both GM and Chrysler faced the stark choice of seeking government support or facing almost certain uncontrolled liquidations, which would have had a ripple effect across the industry, causing at least one million more jobs to be lost. The President refused to let that happen.

In the face of stiff opposition, the president made a tough choice to help provide the auto industry the temporary support it needed to rebuild their companies and get moving again. This was a difficult decision, and came with significant risk. But the president was not willing to walk away from these workers and this great American industry.

Obama Administration Invests $2 Million to Spur Advanced Manufacturing in South Central Kansas

Assistant Secretary Fernandez participates in roundtable discussion at Wichita State University

Guest blog post by U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez

The Obama administration recently announced a $2 million Jobs and Innovation Accelerator Challenge award to the Center for Innovation and Enterprise Engagement to support the south central Kansas region’s efforts to jumpstart advanced manufacturing and create the jobs of the future. The $37 million Jobs Accelerator competition leverages funding from three federal agencies and technical assistance from 13 additional agencies to support the development of 20 high-growth industry clusters across the country. Funding for workforce training and technical assistance is provided by the Department of Labor’s Employment and Training Administration (ETA), the Department of Commerce’s Economic Development Administration (EDA), and the Small Business Administration (SBA).

Two manufacturing industries—wind turbine and medical equipment—are specific targets of the initiative being led by Wichita State University. The effort encourages the migration of technology into the region’s economy to develop composite and advanced materials products and processes and bring with it new, high-paying jobs. But other opportunities will undoubtedly come from exploitation by other industries of the composite materials sector in the region.

The investment will help assure that south central Kansas will remain a dynamic center of manufacturing and a generator of jobs for years to come.

EDA Investments and Programs Help Strengthen America’s Economic Ecosystem, Create Jobs

i6 Challenge logo

Guest blog post by U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez

With the private sector creating more than three million new jobs over the last 21 months, and nine straight quarters of positive GDP growth, the U.S. economy is showing signs of recovery. But with millions of people across the nation still unemployed, there is nothing more important right now than working to accelerate business development and job growth.

In the 2011 fiscal year, Commerce's U.S. Economic Development Administration (EDA) continued its important work of investing in competitive projects across the country that are spurring innovation at the regional level, helping to create jobs, and mitigating the effects of natural and man-made disasters.

Commerce’s EDA Investing to Strengthen Tennessee Businesses and Grow Nashville’s Hospitality Industry

Workers prepare to reconstruct flooded road (File photo: National Park Service)

Guest blog post by U.S. Assistant Secretary of Commerce for Economic Development John Fernandez

Between March and May of 2010, severe storms and floods devastated many parts of Tennessee, Kentucky, Nebraska and Rhode Island. While Commerce’s Economic Development Administration (EDA) is not a first responder to such disasters, the agency quickly got to work assessing the damage and connecting with local leaders regarding their needs as they began to pick up the pieces and rebuild. Recognizing the critical role that EDA can play for these communities, Congress provided $49 million in supplemental funding for EDA to award to these states to help them in their recovery efforts.

Last week, businesses in Tennessee got some good holiday news, when EDA announced its investment of $5.8 million to help build critical infrastructure to support Tennessee businesses and jobs and to develop a strategic marketing strategy to grow the Nashville hospitality sector following the floods of 2010.

These grants will assist in Tennessee’s recovery and redevelopment efforts by funding the necessary improvements that will ensure the resilience of physical and economic infrastructure and include:

  • $2 million to the Jackson Energy Authority to build core sewer infrastructure to protect major regional employers, including the Jackson-Madison Hospital and numerous industrial and manufacturing businesses, from flooding. The project is expected to result in the retention of 9,690 jobs, according to grantee estimates;
  • $1.49 million to the city of Dyersburg to help build an elevated water storage tank that will improve water capacity for manufacturing and industrial businesses and will serve new tracts of land being developed outside of the flood plain to accommodate business needs. The project is expected to save 433 jobs, create 200 jobs and generate $4 million in private investment, according to grantee estimates;
  • $1.3 million to Conexion Americas of Nashville to help build the Casa Azafran Community Center, which will provide expanded business startup or expansion assistance to Latino small business owners and aspiring entrepreneurs;
  • $1 million to the Nashville Convention & Visitors Bureau to implement a regional marketing strategy that will support the city’s economic recovery by promoting the hospitality industry, which lost hundreds of millions of dollars in the wake of the flooding that impacted the city in 2010.

In announcing the grant, U.S. Commerce Secretary John Bryson said “The Obama administration is committed to helping communities impacted by natural disasters rebuild stronger and smarter to protect businesses and jobs. These critical EDA investments will provide the infrastructure needed to help keep businesses running and workers productive in the event of future floods, expand vital business assistance to Nashville’s Latino community and help Nashville revitalize its critical hospitality sector to create new jobs.”

In May 2010, President Obama signed the Tennessee Disaster Declaration and ordered Federal aid to supplement state and local recovery efforts in the area struck by severe storms, flooding, straight-line winds, and tornadoes beginning on April 30, 2010, and continuing. The president's action made Federal funding available to help individuals and business owners recover from the effects of the disaster.

Secretary Bryson: "Build it Here, Sell it Everywhere"

Bryson, gesturing during Chamber remarks, on podium (photo: U.S. Chamber of Commerce)

U.S. Commerce Secretary John Bryson today laid out his vision for how the Department of Commerce can best partner with the business community to support the president’s jobs agenda at a speech at the U.S. Chamber of Commerce. In his remarks, Bryson outlined his top three priorities to help American businesses "build it here and sell it everywhere," focusing on supporting advanced manufacturing, increasing our exports, and attracting more investment to America from all over the world. The former Chairman and CEO of Edison International, Bryson also served as a director on the boards of Boeing and the Walt Disney Company, and as a senior advisor to the private equity firm KKR, and he spoke about his experiences in the private sector and how the Department of Commerce is uniquely situated to support job creation.

“At the Commerce Department, we aren’t waiting to act. . . .We have a major role to play at this critical time to support job creation in America. We have an array of tools to help make our businesses more innovative, more efficient, and more competitive around the world,” he said. “I want to know how this administration and the Commerce Department can best help you. From these conversations, my discussions with the president and my own personal experience, I will prioritize one simple imperative. . . to help American businesses build it here and sell it everywhere.”

The Secretary's remarks at the Chamber marked his first major address, laying out his vision for the Department, focusing on manufacturing, exports and investing in America. Read about the new or recently announced Commerce Department initiatives to support these prioritiesPress release  |  Remarks | Video

President Obama Names Commerce Secretary John Bryson as Co-Chair of White House Office of Manufacturing Policy

President Obama today announced that Secretary John Bryson would join National Economic Council Director Gene Sperling as co-chair of the White House Office of Manufacturing Policy. The Office of Manufacturing Policy is part of the National Economic Council in the White House and works across federal government agencies to coordinate the execution of manufacturing programs and the development of manufacturing policy.

“At this make or break time for the middle class and our economy, we need a strong manufacturing sector that will put Americans back to work making products stamped with three proud words: Made in America,” said President Obama. “I am grateful that Secretary Bryson and Gene Sperling will head up this office to continue our efforts to revitalize this great American industry and fight for American workers and jobs.”

“John Bryson brings to this role decades of business leadership, a passion for manufacturing, and a strong understanding of its importance for jobs and our nation's economic competitiveness. He will play a key leadership role for the president and his economic team on these critical issues,” said Gene Sperling.

“Supporting the manufacturing sector will further our ability to innovate at home and compete around the world while generating more high-wage American jobs,” Secretary Bryson said. “Since day one, President Obama has been focused on supporting the entire United States manufacturing sector but especially small- and medium-sized businesses on the cutting edge of advanced manufacturing. We are introducing an ‘all hands on deck’ approach that coordinates all of our assets - public and private, federal, state, and regional.”

The White House Office of Manufacturing Policy will convene Cabinet-level meetings to aggressively implement the administration’s priority manufacturing initiatives. Release

Investments in the Seattle Region’s Innovation Clusters Spur Economic and Job Growth

Deputy Assistant Secretary for Economic Development Matthew Erskine with i6 Green Seattle winners from Puget Sound Regional Council, South Seattle Community College and Cleantech Open.

Guest blog post by Matthew S. Erskine, U.S. Deputy Assistant Secretary of Commerce for Economic Development

The Seattle region is noted as one of our nation’s hotbed of innovation and entrepreneurship with world-class cleantech, health sciences, biotechnology and advanced manufacturing clusters. It is home to the headquarters of companies like Microsoft, Amazon and Starbucks and its regional assets are fueling job growth.

This week, I traveled to Seattle to spotlight Obama administration investments to advance these critical innovation clusters, promote entrepreneurship and small business development and create the jobs and industries of the future.

I met with the leaders of the Washington Clean Energy Partnership, awardees of the i6 Green competition. This collaboration between the Puget Sound Regional Council, South Seattle Community College, Cleantech Open and the Innovate Washington Foundation will work to foster collaboration between industry and institutions of higher education to expand the clean energy cluster.  This will spur the creation of new jobs, companies and export opportunities in the market for energy efficient technologies.

U.S.-China Joint Commission on Commerce and Trade (JCCT) Concludes with Significant Agreements

Vilsack, Bryson, Wang and Kirk in stage with JCCT logo

This week marked the conclusion of the 22nd sssion of the U.S.-China Joint Commission on Commerce and Trade (JCCT) in Chengdu, China. U.S. Secretary of Commerce John Bryson and United States Trade Representative Ron Kirk co-chaired the JCCT along with Chinese Vice Premier Wang Qishan. The trip was highlighted by meaningful progress on key elements of the U.S.-China trade relationship, though much more work remains to be done to open China’s market to U.S. exports and investment.

The work done at JCCT will help boost U.S. exports and jobs through:

  • the removal of important barriers related to electric vehicles,
  • strengthened measures to eliminate discriminatory indigenous innovation policies,
  • and stricter enforcement of intellectual property rights in China. 

“Both sides worked hard to produce some meaningful progress that will help provide a needed boost to U.S. exports and jobs,” Secretary Bryson said.  “This is a step in the right direction.  But we must continue to actively engage our Chinese counterparts to open additional opportunities for U.S. businesses.”

Specifically, China agreed to make a significant systemic change in its enforcement of intellectual property rights. Through a high-level central government enforcement structure, China will make permanent its 2010 Special IPR Campaign.  China will continue high-level involvement that will enhance its ability to crack down on intellectual property rights infringement. And in addition, China’s leadership committed to increased political accountability–the performance of provincial level officials will be measured based on enforcement of intellectual property rights in their regions.

Promoting Competitiveness in the U.S.-Mexico Relationship

Sánchez on podium, gesturing

Guest blog post by Francisco J. Sánchez, Under Secretary of Commerce for International Trade Secretary, Department of Commerce

One billion dollars.

That number represents the two-way trade that happens between the United States and Mexico—every day. 

It’s a remarkable statistic, and a powerful symbol of the growing trade relationship and friendship between our two countries. Clearly, the story of the U.S. and Mexico is a story of progress. And, many from both countries are committed to ensuring that the next chapter of this story is full of greater opportunities for both peoples.

That’s why, earlier today, I was privileged to co-host the California Mexico Binational Mayor’s Conference with Los Angeles Mayor Antonio Villaraigosa.

We were joined by U.S. and Mexican government and business leaders who came together to identify ways to strengthen our trade relations. Thankfully, we already have a solid foundation to build on.

Combined two-way trade in goods and services was nearly $400 billion dollars in 2010. From the United States’ vantage point, Mexico is our third-largest trading partner. It’s our-second largest export market. And, in California alone, $21 billion in merchandise exports went to Mexico last year—15 percent of the state’s total merchandise. 

Clearly, this partnership has been a key to the success of President Obama’s National Export Initiative, which has the goal of doubling U.S. exports by the end of 2014. Last year, exports supported 9.2 million jobs—and Mexico has obviously helped fuel this positive economic activity. 

But, today’s global economy is moving fast. And, no country can afford to stand pat and be satisfied. We’ve got to keep changing and evolving. 

Highlighting Opportunities in India’s Renewable Energy Market

Sanchez on podium (video image)

Guest blog post by Francisco J. Sánchez, Under Secretary of Commerce for International Trade Secretary, Department of Commerce

India has a bright future in solar energy.

Its renewable energy market is currently valued at $17 billion dollars, and is growing at an annual rate of 15 percent.  And remarkably, there is potential for even bigger things.

According to one estimate, to keep economic growth at current levels, India will need to add 150 gigawatts of capacity over the next five years. Clearly, there is both a market and a need for clean energy in India.  And, U.S. companies have the technology and products to meet these needs and help spur economic development. 

It’s a natural partnership.  

That’s why, yesterday, during my keynote speech at SOLARCON India 2011, I urged all parties to consider new partnerships with each other so that we can build a clean future together.  

Hosted in the city of Hyderabad, the trade event brought together a wide-range of business leaders, academics and government officials to exchange ideas about the clean energy sector. Although estimates about the attendance are unavailable at this time, just last year, it drew over 4,000 people from over 30 countries.    

This year, there was incredible energy and excitement in the air. For U.S. firms, India’s solar market represents a huge opportunity to get involved in a booming sector in a growing market, resulting in thousands, if not millions, of jobs for people in both countries.

Driving Innovation and Economic Growth in West Virginia and Virginia

Erskine speaking from the podium

Guest blog post by Matthew S. Erskine, U.S. Deputy Assistant Secretary of Commerce for Economic Development

Today, I had the pleasure of joining U.S. Congressman Nick Rahall at Concord University in Athens, West Virginia to formally announce a major EDA investment to create a new EDA University Center in Southern West Virginia. Following the announcement, Congressman Rahall and I engaged in a roundtable discussion with regional businesses leaders to discuss strategies to foster local growth and increase regional competitiveness.

Congressman Rahall was instrumental in helping Marshall University, Concord University, and the Robert C. Byrd Institute for Advanced Flexible Manufacturing partner and apply to join the U.S. Department of Commerce Economic Development Administration’s (EDA) University Center program–a competitive initiative that awards grants to universities across the country to help make the resources of these institutions available to the economic development community.

Congressman Rahall said, “Placing faith and funding in American higher education is nothing new. In fact, it has a proven track record that continues to be the envy of the world. Not only did our land grant colleges and universities usher in the greatest agricultural economy the world has ever known, the first G.I. Bill equipped the greatest generation with the tools that crafted the world’s largest economy. Our training grounds, workshops, research and product development revolve around an alliance of business, industry and universities.”

NIST: Presidential Memorandum Outlines Commerce's Role in Speeding Tech Transfer

Young scientist works on a collaborative project

Accelerating innovation is the key to creating more high-wage jobs. And the Commerce Department's National Institute of Standards and Technology (NIST) will play a significant role in helping federal labs and U.S. industry speed up the innovation process under a new Presidential Memorandum issued Oct. 28.

Through its existing role coordinating the Interagency Workgroup on Technology Transfer, NIST will help lead agencies with federal laboratories to develop plans that establish performance goals to increase the number and pace of effective technology transfer and commercialization activities in partnership with non-federal organizations. The group also will be responsible for recommending opportunities to improve technology transfer from federal labs and for refining how tech transfer is defined, to better capture data on all of the ways it happens.

NIST will coordinate development and analysis of appropriate metrics and will continue to report and analyze results through its annual report on technology transfer, which covers 11 federal agencies.

NIST has had its own success transferring technology, for example, one licensed technology is helping build a new confinement structure at the Chernobyl Nuclear Power Plant and another is treating heart arrhythmias and uterine conditions—and generating millions of dollars in revenue for the licensee. Free software from NIST, Building for Environmental and Economic Sustainability (BEES), is helping architects, engineers and the construction industry select environmentally-preferred and cost-effective products.

Read more about NIST’s role in tech transfer in the latest issue of TechBeat.

ESA: Tough Economic Times Continue for State and Local Governments

State and Local Government Expenditures and Employment

Cross post by Commerce Chief Economist Mark Doms

Last week’s gross domestic product (GDP) report confirmed that our economy continues to grow (2.5 percent in the third quarter), although not as quickly as we would like. The fears of a “double dip” recession didn’t come to pass (if anyone in the DC area is interested in a triple dip, head to Ben and Jerry’s from 4 to 7 for their 3-dips-for-3-bucks special.).  One reason why the economy isn’t growing faster is that budget constraints are forcing continued and historically deep contractions in state and local government spending.  Measures within the American Jobs Act can help bridge the gap.

These cuts in state and local government spending are evident in the GDP data and also in the employment data (the October payroll data will be released this Friday).  State and local spending and investment decreased 5.3 percent in real terms since spending peaked in the fourth quarter of 2007, by far the deepest 15-quarter decline in spending in the post-WWII era.  Job losses that have followed from these budget cuts total 646,000, or 3.3 percent, since state and local employment peaked in August 2008. 

So far this year state and local governments have been cutting jobs at the same pace that private sector firms are adding them.  Over the first 9 months of the year, private payroll employment has grown 1.2 percent (1.3 million jobs) while employment in state and local governments declined by 1.2 percent (234,000 jobs). 

Honoring Invention: the World’s Only Inexhaustible Resource

President Obama with receipients at Meddal Award ceremony.

Guest blog post by David Kappos, Under Secretary For Intellectual Property and Director, United States Patent and Trademark Office, Department of Commerce

At a ceremony at the White House Friday, I had the pleasure to join President Obama as he honored recipients of the National Medal of Technology and Innovation—the highest honor bestowed by the United States government on our nation’s brightest innovators and inventors.

Whether unraveling the information intertwined in a DNA helix, improving the safety of air travel, or digitizing the way we capture memories of loved ones—the medal recipients have offered humanity new tools to tackle some of the toughest challenges we confront as a planet. Moreover, by improving our understanding of the world around us, they have rewritten textbook fundamentals—and inspired a new generation of thinkers to explore unfamiliar terrain.

Much like the thousands of patent and trademark applications, the Commerce Department's United States Patent and Trademark Office (USPTO) carefully examines each and every day, the National Medal of Technology & Innovation serves as a reminder that our nation continues to be built by those willing to challenge traditions—willing to push the boundaries of convention and willing to test new limits in design and thought.

Pushing for Progress in the Middle East and North Africa

(Photo: ©  WEF)

Guest blog post by Francisco J. Sánchez, Under Secretary of Commerce for International Trade Secretary, Department of Commerce

Recent events have reaffirmed just how extraordinary this period is for the Middle East and North Africa (MENA).  The Arab Spring has generated a lot of hope for people across the region. However, it’s also presented a number of questions that need to be answered, many of which center around economic issues like unemployment and slow growth. 

As the World Economic Forum (WEF) put it, “Recent shifts in the Arab world, coupled with an economic contraction at the global level, have created renewed urgency for decision-makers across the region to address the unfolding economic situation.”

So, it’s fitting that, this past weekend, King Abdullah of Jordan hosted a WEF event to address job creation. World leaders gathered to discuss pressing issues including the advancement of youth and women, the impact of social media, and, of course, U.S.-Arab relations.

EDA: Working with the Private Sector to Create Jobs

NASVF logo

Guest blog post by by John Fernandez, Assistant Secretary of Commerce for Economic Development, Department of Commerce

The Obama administration is collaborating with the private sector in an unprecedented way to promote American innovation, ignite entrepreneurship, and spur small business development to get the economy moving and put people back to work.

And we are seeing results. Private sector payrolls increased by 137,000 in September. And despite a slowdown in economic growth from substantial headwinds experienced throughout the year, the economy has added private sector jobs for 19 straight months, for a total of 2.6 million jobs over that period. While the economy is growing modestly, we understand that it is not fast enough for Americans who are struggling to make ends meet.

That is why it is more important than ever for the federal government to work with industry to create new jobs.

Acting Secretary Blank Delivers Keynote Address at League of Wisconsin Municipalities Conference, Discusses American Jobs Act

Touring: Palermo President & Ceo Fallucca, Blank and Mayor Barrett

Blank also toured Palermo’s Pizza with Mayor Barrett and met with local business leaders as part of White House Business Council outreach effort

Acting U.S. Commerce Secretary Rebecca Blank traveled to Milwaukee today to deliver the keynote address at the 113th League of Wisconsin Municipalities Annual Conference to discuss the American Jobs Act–how it will spur economic growth, accelerate job creation and benefit Wisconsin.  The League is a nonprofit and nonpartisan association of cities and villages that serves as an information clearinghouse, advocacy organization and legal resource for Wisconsin municipalities; it is comprised of 190 cities and 392 villages.

At the Conference, Blank discussed details of President Obama’s American Jobs Act.  Blank highlighted the different ways the plan would make an immediate impact on job creation: cutting taxes for small businesses, putting more money in the pockets of consumers through an expanded payroll tax cut, and preventing the layoffs of teachers, firefighters and policemen, while putting construction workers to work through much-needed renovations to school, roads, rail and airports renovations. Blank underlined the need for Congress to act quickly on the bipartisan measures in the Jobs Act.

“Outside experts say the American Jobs Act would put nearly two million people to work, while putting more money in the pockets of workers and repairing infrastructure vital to enhancing America’s competitiveness,” Blank said. “It’s time for Democrats and Republicans in Congress to come together and swiftly pass the measures in the Jobs Act, which will put people back to work right away and put more money in the pockets of American families.”

Earlier in the day, Blank joined Milwaukee Mayor Tom Barrett on a tour at Palermo’s Pizza, a rapidly growing regional company that added almost 100 jobs last year and is leading the “Earn to Learn” program with the Mayor’s Office, which gives high school-aged youth a chance to develop marketable skills through direct work experience and training seminars. 

The American Jobs Act: Preventing Teacher Layoffs and Keeping First Responders on the Job

President Barack Obama delivers remarks on the American Jobs Act at West Wilkes High School in Millers Creek, North Carolina, Oct. 17, 2011 (Official White House Photo by Pete Souza)

This morning’s USA Today noted that budget cuts claim hundreds of thousands of county and city jobs due to shortfalls in local sales and property taxes. Each of these layoffs hurts the local community. Those laid off don’t spend at local businesses and they don’t purchase local services. That’s the crux of Ezra Klein’s case for rehiring public workers and why the President has put forth his American Jobs Act, to provide communities with some support while the economy gains speed.

Today President Obama is traveling to North Carolina and Virginia talking about his plan to put Americans back to work and keep teachers and emergency responders on the job. He urged Congress to pass his proposal to provide funding to prevent teacher layoffs and keep police officers and firefighters on the job. The American Jobs Act includes $30 billion in teacher stabilization funds which will support state and local efforts to retain, rehire, and hire educators as well as $5 billion for first responders.

In the afternoon, the President will travel to Greensville County High School in Emporia, Virginia. Virginia would receive more than $740 million of the $30 billion included in the American Jobs Act to prevent teacher layoffs, which would support 10,800 jobs across the Commonwealth. Greensville County Public Schools would receive an estimated $1.6 million of this funding for teacher jobs. Greensville County High School has lost six teachers over the last three years due to budget cuts and is at risk of losing additional teachers next year.

See how your state would benefit under the American Jobs Act.

Commerce and Transportation Departments Forge Partnership to Boost Domestic Manufacturing Across America

NIST logo

Partnership will help revitalize the domestic railway manufacturing sector, support Obama Administration’s historic investments in transportation and create jobs

U.S. Transportation Secretary Ray LaHood and Acting Commerce Secretary Rebecca Blank today announced a partnership to encourage the creation of domestic manufacturing jobs and opportunities for U.S. suppliers through transportation investments. 

The Department of Commerce’s Manufacturing Extension Partnership (MEP) will help to ensure manufacturers meet the U.S. Department of Transportation’s (U.S. DOT) strict “Buy America” and “Buy American” standards, connecting U.S. manufacturers and suppliers for work on highways, railways and transit projects, and in the process help to create jobs.

“Investment in transportation is a critical piece of President Obama’s American Jobs Act,” said Secretary LaHood.  “Not only are we improving how we move people and goods, but we are strengthening our economy by providing opportunities for American companies and their employees to build our transportation system here at home.”

With a network in all 50 states and Puerto Rico, MEP serves more than 34,000 American suppliers, helping them to retool their manufacturing capabilities to meet demand, compete in the global marketplace and sell American-made products all over the world. 

“This initiative is a win for workers and communities across America,” said Acting Secretary Blank. “The Manufacturing Extension Partnership will connect U.S. manufacturers and suppliers with hundreds of millions of dollars in upcoming highway, railway, and airport projects, providing new job opportunities in every corner of the country.”

MEP will leverage over 1,300 expert manufacturing assistance field staff in over 350 locations to provide knowledge of local manufacturing capabilities from across the nation. MEP will identify suppliers’ production and technical capabilities to match them up with viable business opportunities that may have otherwise gone to foreign suppliers, ensuring maximum economic benefit for taxpayer-funded transportation investments across all modes.

Acting Secretary Blank Highlights the Obama Administration's Pro-Business Record

Acting U.S. Commerce Secretary Rebecca Blank Delivering the Keynote Address at the Greater Fort Lauderdale Alliance Annual Meeting

Acting U.S. Commerce Secretary Rebecca Blank today delivered the keynote address at the Greater Fort Lauderdale Alliance Annual Meeting, where she highlighted the different ways the American Jobs Act would make an immediate impact on job creation: cutting taxes for small businesses, putting more money in the pockets of consumers through an expanded payroll tax cut, and preventing the layoffs of teachers, firefighters and policemen, while putting construction workers to work through much-needed renovations to school, roads, rail and airports renovations.

Blank also discussed the Obama administration’s record supporting business expansion, highlighting the 17 different small business tax cuts implemented by the administration, major reform of the patent system that will bring the ideas of innovators to market faster, and investments in education and infrastructure that will help businesses thrive.

The American Jobs Act would:

  • Slash the payroll tax in half for 98 percent of businesses, benefitting 410,000 Florida companies;
  • Allow localities to avoid laying off teachers, firefighters and cops – 25,900 in Florida alone;
  • Modernize at least 35,000 public schools, supporting renovations across the country and as many as 16,600 jobs in Florida;
  • Put the long-term unemployed – a group that totals 498,000 in Florida – back to work by making the most innovative reforms to unemployment insurance in 40 years;
  • Extend unemployment insurance, preventing 5 million Americans, including 148,500 in Florida, from losing their benefits; and,
  • Cut payroll taxes in half for 160 million workers next year, giving the typical Florida family a $1,730 tax cut.

Remarks

The American Jobs Act: Full of Bipartisan Ideas

View of Joint Session from birds-eye view (White House photo)

The American people understand that the economic crisis and the deep recession weren’t created overnight and won’t be solved overnight. The economic security of the middle class has been under attack for decades. That’s why President Obama believes we need to do more than just recover from this economic crisis—we need to rebuild the economy the American way, together, based on balance, fairness, and the same set of rules for everyone from Wall Street to Main Street. Members of Congress on both sides of the aisle should lend their bipartisan support for the American Jobs Act—because it is full of bipartisan ideas.   White House fact sheet and overview

Acting Secretary Blank Visits University of Toledo to Highlight the American Jobs Act

Blank and Dean of College of Business and Innovation Thomas G. Gutteridge

Blank also meets with local business leaders as part of White House Business Council outreach effort

Acting U.S. Commerce Secretary Rebecca Blank today toured the University of Toledo Clean and Alternative Energy Business Incubator, a program that supports collaboration between clean energy companies and the university in order to help grow the clean and alternative energy industry in the region.  Since its opening in 2005, the incubator has had a regional economic impact of more than $700 million.   

At the University of Toledo, Blank discussed details of President Obama’s American Jobs Act.  Blank highlighted the different ways the plan could make an immediate impact on job creation: cutting taxes for small businesses, putting more money in the pockets of consumers through an expanded payroll tax cut, and preventing the layoffs of teachers, firefighters and policemen, while putting construction workers to work through much-needed renovations to school, roads, railways and airports. Blank underlined the need for Congress to act quickly on the bipartisan measures in the Jobs Act.