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U.S. Economy Grew At 3% Pace For 2nd Straight Quarter

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The Bureau of Economic Analysis (BEA) announced today that the U.S. economy grew at 3.0 percent pace in the third quarter of 2017. This is the second straight quarter that the economy grew at a 3 percent pace – BEA's third estimate for the second quarter showed that the U.S. economy grew at a 3.1 percent pace. The last time the economy grew at a 3 percent pace for two consecutive quarters was...

Remaining Safe in a “Smart” World

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October is National Cyber Security Awareness Month and the Department of Commerce – in partnership with the Department of Homeland Security’s Stop.Think.Connect.™ Campaign – is highlighting the importance of cybersecurity and online safety. Is your robotic vacuum or pet webcam making your home network less safe? We’re surrounded by the internet of things (IoT) where items like thermostats, light...

Tax Reform Means Better Business for America

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Yesterday, U.S. Commerce Secretary Wilbur Ross joined President Donald J. Trump at a White House event honoring the 2017 winners of the National Minority Enterprise Development Week Award. During the event, both President Trump and Secretary Ross addressed how the Unified Framework for Tax Reform will help bring back the competitive edge for American businesses and industries, allowing American...

Commerce Secretary Ross Addresses Importance of Tax Reform in Empowering Minority-Owned Businesses

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U.S. Commerce Secretary Wilbur Ross yesterday addressed minority businesses from across the country and stressed the need for tax reform in advancing economic growth, empowering small business owners and bringing more jobs back to the U.S. During a keynote address to the Minority Business Development Agency’s Minority Enterprise Development (MED) Week, Secretary Ross reaffirmed the Administration...

Cybersecurity in the Workplace is Everyone’s Responsibility

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October is National Cyber Security Awareness Month and the Department of Commerce – in partnership with the Department of Homeland Security’s Stop.Think.Connect.™ Campaign – is highlighting the importance of cybersecurity and online safety. As recent major cybersecurity incidents have occurred, cybercriminals often rely on human error – like failing to install software patches, clicking on...

The Department of Commerce Celebrates National Cyber Security Awareness Month

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October is National Cyber Security Awareness Month and the Department of Commerce – in partnership with the Department of Homeland Security’s Stop.Think.Connect.™ Campaign – is highlighting the importance of cybersecurity and online safety. This October, the Department of Commerce is proud to participate as a partner in National Cyber Security Awareness Month (NCSAM), an effort from coast to coast...

Spotlight on Commerce: Mara Campbell, U.S. Economic and Development Administration (EDA)

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Ed. note: This post is part of the Spotlight on Commerce series highlighting the contributions of Department of Commerce employees during Hispanic Heritage Month. Guest blog post by Mara Campbell, U.S. Economic and Development Administration (EDA) As an attorney at the U.S. Economic Development Administration, I get to have a direct and positive impact on communities throughout the United States...

Foreign Direct Investment Strengthens America’s High-Tech Competitiveness

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By Maureen Book, Research Analyst, SelectUSA SelectUSA recently released its second industry-focused report: “High-Tech Industries: The Role of FDI in Driving Innovation and Growth.” This report provides an in-depth look at high-tech clusters in the United States and gives the first-ever analysis of the role of foreign direct investment (FDI) in high-tech industries. The report’s biggest takeaway...