Commerce at a Glance: April 30, 2021

The Latest News

Statement from U.S. Secretary of Commerce Gina M. Raimondo on Q1 2021 GDP Advance Estimate

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 continued to grow steadily.

U.S. Secretary of Commerce Gina Raimondo Joins Senator Jeanne Shaheen in New Hampshire to Discuss Importance of Rebuilding Travel and Tourism Industry and Strengthening Manufacturing

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 is helping economic recovery efforts. Following the tourism roundtable, Secretary Raimondo and Senator Shaheen toured AeroDynamics manufacturing facility in Seabrook and discussed the importance of the American Jobs Plan in helping to strengthen domestic manufacturing.

Record High Turnout in 2020 General Election

Despite unique challenges to voter registration and voting created by COVID-19 and heightened concerns about turnout as a result, the 2020 election had the highest voter turnout of the 21st century. The 2020 election featured the largest increase in voters between two presidential elections on record with 17 million more people voting than in 2016.

NIST Joins NSF-Led Partnership to Support Next-Generation Communications Technology

The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has joined the U.S. National Science Foundation (NSF), the Department of Defense Office of the Under Secretary of Defense for Research and Engineering and industry partners to spur innovation in next-generation communications systems.

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Around Commerce

EDA Supports Mendocino County’s Independent Retailers Transition to Digital Economy

The U.S. Economic Development Administration has a long history of successfully supporting recovery and resiliency efforts by facilitating the timely and effective delivery of Federal economic development assistance to support long-term community economic recovery planning and project implementation, redevelopment, and resiliency.

Commerce Building Now Part of NOAA, NIST Weather and Greenhouse Gas Tracking Network

The NOAA and the NIST have installed a Doppler lidar instrument to an existing weather station on top of the Commerce’s Herbert Clark Hoover Building in Washington, D.C., to measure wind flow and turbulence in the lowest part of the atmosphere for a research project studying greenhouse gas emissions in the capital area.

Nominations Sought for Prestigious National Medal of Technology and Innovation

The United States Patent and Trademark Office is seeking nominations for the 2021 National Medal of Technology and Innovation (NMTI). The NMTI is the nation’s highest honor for technological achievement and is presented to recipients by the President of the United States at a White House ceremony.

5 Ways NOAA Scientists are Answering Big Questions About Climate Change

Scientists at the National Oceanic and Atmospheric Administration (NOAA) have long worked to track, understand and predict how climate change is progressing and impacting ecosystems, communities and economies. This Earth Day, take a look at five ways scientists are studying this far-reaching global trend.

Commerce Data

The 2020 Census: Our Growing Nation

The U.S. Census Bureau is releasing results from the 2020 Census, marking the 24th time the nation’s population has been counted since the first census in 1790, when there were just 3.9 million people living in the United States. The first census helped build the foundation of our democracy, and the census continues to be a cornerstone for our growing nation.

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Gross Domestic Product, First Quarter 2021

Real gross domestic product increased at an annual rate of 6.4 percent in the first quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic.

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Personal Income and Outlays, March 2021

Personal income increased $4.21 trillion, or 21.1 percent at a monthly rate, while consumer spending increased $616.0 billion, or 4.2 percent, in March. Economic impact payments established by the American Rescue Plan Act of 2021, which was enacted on March 11, 2021, were distributed.

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Upcoming Events

May 3-7, 2021

Export Week

In celebration of World Trade Month, the U.S. Commercial Service will host a number of virtual export sessions throughout the first week of May. The sessions, led by both private and public sector experts, will feature trade-craft programs and industry focused opportunities.

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May 5, 2021

NTIA Grant Program: Tribal Broadband Connectivity Webinar

Join the National Telecommunications and Information Administration staff to hear more about NTIA's Connecting Minority Communities Pilot Program.

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September 2, 2021

BIS 2021 Virtual Update Conference on Export Controls and Policy – Save the Date

The Bureau of Industry and Security will offer a virtual Update Conference on Export Controls and Policy on Thursday September 2, 2021. This 34th annual conference will be a full day virtual experience that will include keynote speakers, plenary sessions, breakout sessions, and live Q&A with BIS and other agency experts.

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