After her listening sessions today with CEOs and senior executives from companies that represent the full scope of the semiconductor supply chain and customer base, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “Semiconductors play a unique role in our economic and national security, and when semiconductor supply chains are disrupted, the impact is felt across the...

NOAA’s Climate Prediction Center is predicting another above-normal Atlantic hurricane season. Forecasters predict a 60% chance of an above-normal season, a 30% chance of a near-normal season, and a 10% chance of a below-normal season. However, experts do not anticipate the historic level of storm activity seen in 2020. For 2021, a likely range of 13 to 20 named storms (winds of 39 mph or higher)...

Cabinet members, CEOs, and global investors gather to drive business interest to America U.S. Secretary of Commerce Gina Raimondo will host the 2021 SelectUSA Investment Summit, June 7-11, to be held virtually for the first time. She will be joined by several Cabinet members, Governors, top CEOs and small business leaders seeking to attract global companies to invest in the U.S. economy and...

Yesterday, U.S. Secretary of Commerce Gina M. Raimondo participated in a virtual listening session with Navajo Nation President Jonathan Nez and other Navajo officials on the barriers to reaching one hundred percent broadband access across the Navajo Nation. The conversation was moderated by U.S. Senator Ben Ray Luján, and Raimondo was joined by New Mexico Governor Michelle Lujan Grisham and Rep...

U.S. Secretary of Commerce Gina M. Raimondo joined U.S. Secretary of Labor Marty Walsh on Monday in Connecticut to meet with business and labor leaders and elected officials on the importance of strengthening America’s workforce development infrastructure through investments in the American Jobs Plan. Raimondo and Walsh started the day with a tour of General Dynamics-Electric Boat in Groton...

Today, the Department of Commerce’s Bureau of Economic Analysis (BEA) released the advance estimate for gross domestic product (GDP) for the first quarter of 2021, finding that real gross domestic product increased at a 6.4-percent annual rate. Personal consumption expenditures increased by a robust 10.7-percent annual rate, while business investment in equipment and intellectual property products...

U.S. Secretary of Commerce Gina Raimondo joined New Hampshire Senator Jeanne Shaheen yesterday in Hampton, New Hampshire to meet with local travel and tourism business leaders on the impact of COVID-19 on their businesses and how the American Rescue Plan (ARP) is helping economic recovery efforts. Following the tourism roundtable, Secretary Raimondo and Senator Shaheen toured AeroDynamics...

Raimondo to reaffirm U.S. commitment to advancing technology leadership domestically and internationally U.S. Secretary of Commerce Gina M. Raimondo will lead the United States’ virtual delegation at the Group of Seven (G7) Digital and Technology Ministerial on April 28 through April 29. The meeting will underscore the necessity of connectivity and digital technologies in facilitating the...