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Commerce at a Glance [ [link removed] ]
The Latest News
Substantial Conclusion of Negotiations on Landmark IPEF Supply Chain Agreement

Recently, the United States joined its IPEF partners – Australia, Brunei, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam – in announcing the substantial conclusion of negotiations on a landmark IPEF Supply Chain Agreement.

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NOAA Predicts a Near-Normal 2023 Atlantic Hurricane Season

NOAA forecasters with the Climate Prediction Center, a division of the National Weather Service, predict near-normal hurricane activity in the Atlantic this year. NOAA’s outlook for the 2023 Atlantic hurricane season, which goes from June 1 to November 30, predicts a 40% chance of a near-normal season, a 30% chance of an above-normal season and a 30% chance of a below-normal season.

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Biden-Harris Administration Launches First Tech Hubs Funding Opportunity

The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today launched the Regional Technology and Innovation Hubs (Tech Hubs) competition. This program will create tech hubs in regions across the country by bringing together industry, higher education institutions, state and local governments, economic development organizations, and labor and workforce partners to supercharge ecosystems of innovation for technologies that are essential to our economic and national security

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2023 SelectUSA Investment Summit Concludes

Earlier this month, the 2023 SelectUSA Investment Summit came to a close, marking the largest Investment Summit in SelectUSA history, with 4,900 attendees spanning 83 international markets represented.

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U.S. Departments of Commerce, Labor, and Education Announce SelectTalentUSA, New Partnership to Increase Quality Jobs through FDI

This month, Secretary of Commerce Gina Raimondo, Secretary of Education Miguel Cardona, and Acting Secretary of Labor Julie Su announced the launch of SelectTalentUSA, a joint initiative to help build a pipeline of skilled workers to meet the growing workforce needs of foreign multinationals as they establish new – or expand existing – operations in the United States.

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Commerce Expands and Aligns Restrictions with Allies and Partners and Adds 71 Entities to Entity List in Latest Response to Russia’s Invasion of Ukraine

The Department of Commerce’s Bureau of Industry and Security (BIS) released two rules that continue efforts to impose powerful and coordinated restrictions on Russia for its ongoing full-scale invasion of Ukraine by expanding controls to additional items in alignment with international partners and allies, and adding 71 entities to the Entity List, primarily for supporting Russia’s military and defense sectors.

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NIST Team Demonstrates Novel Way to Convert Heat to Electricity

Researchers at the National Institute of Standards and Technology (NIST) have fabricated a novel device that could dramatically boost the conversion of heat into electricity. If perfected, the technology could help recoup some of the heat energy that is wasted in the U.S. at a rate of about $100 billion each year.

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Around Commerce


Organic, Vegetarian or Carnivore: Whatever You Eat, My Lab Is Working to Keep It Safe [ [link removed] ] Organic, Vegetarian or Carnivore: Whatever You Eat, My Lab Is Working to Keep It Safe The levels of contaminants in our food supply are, generally, decreasing. That’s the good news. But we still need to measure those contaminants and make sure our food is safe. And measuring tiny things (and big things) is what we do best here at NIST. Read More → [ [link removed] ]


 

Cultivating community-driven change: Olin Kealoha Lagon [ [link removed] ] Journeys of Innovation: Cultivating Community-Driven Change: Olin Kealoha Lagon After enduring a violent and poverty-stricken childhood, serial social entrepreneur and Native Hawaiian Olin Kealoha Lagon oscillates between creating patented new technology and conducting philanthropic work to improve the standard of living for Native Hawaiians/Pacific Islanders in Hawaii. Read More → [ [link removed] ]








[link removed] A Day in the Life of a NOAA Hurricane Hunter There is more to the job of a Hurricane Hunter than meets the eye. Researchers, pilots, and crew from the National Oceanic and Atmospheric Administration (NOAA) bravely fly into one of the most dangerous environments on Earth to collect data inside a tropical cyclone, which helps to improve forecast models and protect lives and property. Read More → [ [link removed] ]


 

The Total Package: ITA Helps Packaging Machinery Reflect Excellence by Design [ [link removed] ] The Total Package: ITA Helps Packaging Machinery Reflect Excellence by Design They say you can’t judge a book by its cover. Well, that’s not the case when it comes to packaged foods and other goods – in general, the packaging reflects the quality of the product inside. Read More → [ [link removed] ]










Commerce Data and Reports *March 2023 Trade Gap is $64.2 Billion
*The U.S. goods and services trade deficit decreased from $70.6 billion in February (revised) to $64.2 billion in March, as exports increased and imports decreased. The goods deficit decreased $6.4 billion to $86.6 billion, and the services surplus decreased less than $0.1 billion to $22.4 billion.

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*New Dashboard Highlights Coordinated Federal Investments in High-Speed Internet Programs* The Department of Commerce’s National Telecommunications and Information Administration (NTIA) released a new dashboard and two reports today highlighting federal investments in high-speed Internet programs.

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*2022 Building Permit Data Available for Every U.S. County
*

For the first time, the U.S. Census Bureau has created an interactive map of national, state and county building permit data.The recently released tool allows quick access and insight into the dynamics of permits issued for new residential construction.

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In Case You Missed It

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June 1, 2023 NOAA's Atlantic Hurricane Season 
It's that time again! Check out NOAA hurrican safety tips and resources to make sure you're prepared.


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May, 2023 National Minority Enterprise Development Week

National MED Week has been a gathering place for minority businesses for 40 years. Be a part of the last 40 years of history, and celebrate the 40th Annual National MED Week by nominating an outstanding minority business for a MED Week Award at [link removed]!



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May 22, 2023 EDA Celebrates Asian American and Native Hawaiian/Pacific Islander Heritage Month

Through its equity-focused mission, EDA is committed to supporting AANHPI business entrepreneurs as they contribute to the creation of an economic ecosystem that amplifies the promise of American prosperity to all.



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