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Commerce at a Glance [ [link removed] ]
The Latest News
Honoring the Nations First Responders

Every day, first responders across the country put their lives on the line to keep Americans safe. An estimated 4.6 million people serve as career and volunteer firefighters, police, emergency medical technicians, and paramedics in the United States. Their daily jobs come with extraordinary challenges that they face with bravery and dedication.

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Secretary Ross Highlights Business Strength and American Optimism in Florida

U.S. Commerce Secretary Wilbur Ross traveled to Ft. Lauderdale, Florida Friday and toured a local business that has successfully overcome many challenges of doing business in the wake of COVID-19. City Furniture continued to work through the economic downturn caused by the pandemic and becameanexample of a successful business that contributed to Septembers strong retail sales [ [link removed] ] in both Florida and across the country.

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U.S. Secretary of Commerce Wilbur Ross Honors U.S. Companies With Presidential Award for Export Achievements

Recently, U.S. Secretary of Commerce Wilbur Ross honored 39 U.S. companies and organizations, recognizing their contributions to American export growth by naming them winners of the 2020 Presidents E Awards. Winners hail from 19 states, and of this years 39 honorees, 31 are small and medium-sized businesses, while 24 firms are manufacturers.

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Secretary Ross Visits Pennsylvania-Based Company and Stresses Importance of the Commercial Space Industry to the U.S. Economy

U.S. Commerce Secretary Wilbur Ross traveled to Pittsburgh on October 19 and attended the grand opening of Astrobotic Technology, Inc., a 47,000 square foot facility that will be the primary hub for lunar logistics in the United States. Secretary Ross emphasized the important role of the commercial space sector in the growing global space economy.

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Around Commerce


NOAA Google AI [ [link removed] ] NOAA and Google Announce New Data Partnership NOAAs Satellite and Information Service (NESDIS) has signed an agreement with Google to explore the benefits of Artificial Intelligence (AI) and Machine Learning (ML) for enhancing NOAAs use of satellite and environmental data. Read More [ [link removed] ]




NISTSecurity [ [link removed] ] NIST Offers Quick-Start Guide for Its Security and Privacy Safeguards Catalog If youve ever tried to set up a home entertainment system by poring over a thick manual, you might appreciate the manufacturer also providing you with a quick-start guide so you can get your party going in short order. Read More [ [link removed] ]








Census World Stats Day [ [link removed] ] Celebrating World Statistics Day 2020 This years theme is Connecting the world with data we can trust, and the United Nations is inviting governments to recognize the importance of trust, authoritative data, innovation and the public good in national statistical systems. Read More [ [link removed] ]




Gross Domestic Product [ [link removed] ] Gross Domestic Product, Third Quarter 2020 (Advance Estimate) Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 31.4 percent. Read More [ [link removed] ]










Commerce Data & Reports *New Benchmark USPTO Study Finds Artificial Intelligence in U.S. Patents Rose by More than 100% Since 2002*

The number of artificial intelligence (AI) patent applications received annually by the United States Patent and Trademark Office (USPTO) more than doubled from 2002 to 2018, according to a new report published today by the USPTO, Inventing AI: Tracing the diffusion of artificial intelligence with U.S. patents.

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*Celebrating the Economic Impact of Opportunity Zones Across the U.S.
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The Economic Development Administration (EDA) is proud of its role in bolstering the American economy through its Opportunity Zones work. To date, EDA has invested more than $750 million in more than 500 Opportunity Zone projects across the country. Created by President Donald J. Trumps Tax Cuts and Jobs Act of 2017, Opportunity Zones are spurring economic development and job growth in economically-distressed communities across the country.

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*Safeguarding Critical Infrastructure: NIST Releases Draft Cybersecurity Guidance, Develops GPS-Free Backup for Timing Systems
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Taking another step toward strengthening the nations critical infrastructure, the National Institute of Standards and Technology (NIST) has drafted guidelines for applying its Cybersecurity Framework to critical technologies such as the Global Positioning System (GPS) that use positioning, navigation and timing (PNT) data.

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In Case You Missed It

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October 23, 2020 Minority Business Development Agency Awards $5.1 Million in Grants The U.S. Department of Commerces Minority Business Development Agency (MBDA) awarded $5.1 million in grants to 11 organizations under three Agency initiativesthe Entrepreneurship Education for Formerly Incarcerated Persons, the MBDA Enterprising Women of Color Business Center,and the Inner-City Innovation Hub programs.


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October 30, 2020 Personal Income and Outlays, September 2020

Personal income increased $170.3 billion (0.9 percent) in September according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) increased $150.3 billion (0.9 percent) and personal consumption expenditures (PCE) increased $201.4 billion (1.4 percent).



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