Rising Wages and Historic Small Business Growth Add to Strong American Economy The Labor Department’s Bureau of Labor Statistics reported that consumer prices dropped 0.1% in June, with core inflation being the lowest in more than three years. In addition, BLS reported that the U.S. economy added 206,000 jobs in June, exceeding expectations. In total, a record 15.7 million jobs have been created...

As evidenced by record high jobs and low unemployment, President Biden has placed an important emphasis on creating good quality and high-paying jobs for all Americans. And thanks to funding from the historic CHIPS and Science Act, the Bipartisan Infrastructure Law, and the Inflation Reduction Act, construction jobs are in high demand. To fill these jobs, Commerce Secretary Gina Raimondo continues...

Last week, U.S. Commerce Secretary Gina Raimondo and Deputy Secretary Don Graves provided opening remarks at the Minority Business Development Agency’s (MBDA) second annual AANHPI Business Summit . They reaffirmed the Biden Administration’s commitment to an equitable and prosperous future for Asian American (AA), Native Hawaiian, and Pacific Islander (NHPI) workers, entrepreneurs, and businesses...

The Department of Commerce ranked in Top 5 in the 2023 Best Places to Work in the Federal Government Amongst Large Agencies for the 12th year in a row! The Partnership for Public Service and Boston Consulting Group joined the Washington Post to release rankings for the 2023 Best Places to Work in the Federal Government . It is our honor to announce that the Department of Commerce was ranked the...

U.S. Secretary of Commerce Gina Raimondo recently led members of the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) to Nairobi , where she announced various commercial deals with U.S. companies and a historic partnership with Kenya to facilitate data flows, empower digital upskilling, and harness the potential of AI. The partnership is the first-of-its-kind with an African...

Today, U.S. Secretary of Commerce Gina Raimondo celebrated World Trade Month by reaffirming the Biden-Harris Administration’s commitment to creating a more sustainable and inclusive economy through international trade. “International trade is essential to our nation’s economic growth and helps Americans build more resilient businesses and communities,” said Secretary Raimondo. “Throughout World...

April is Sexual Assault Awareness and Prevention Month (SAAPM) and there are a myriad of ways to demonstrate your support for safe and healthy environments free of sexual assault, sexual harassment, and other harmful behaviors. One way is to participate in Denim Day. Denim Day is a long-running internationally recognized grassroots sexual violence awareness and education campaign. It calls for...

The United States has been ranked as the top destination for foreign direct investment for the 12th consecutive year according to Kearney’s Global Business Policy Council’s 2024 Foreign Direct Investment (FDI) Confidence Index . The annual survey of global senior executives and investors found that the United States maintains its lead ranking for over a decade due to the growing strength of the U...