Data on the Fourth Quarter and Annual 2016 GDP by State released today by the Department of Commerce showed some states’ gross domestic product (GDP) to have been impeded by the policies of the Obama Administration, especially in the energy sector. “The Obama presidency left large swaths of our economy in shambles.” said Secretary Ross “Thankfully, the Trump Administration is unshackling our...

U.S. Secretary of Commerce Wilbur Ross issued the following statement today on the release of the real gross domestic product (GDP) quarterly growth by the Department of Commerce. In the first quarter of 2017, the GDP increased 0.7 percent, according to the advance estimate released. Since the first quarter of 2016, the year-over-year increase in real GDP was 1.9 percent. The increase in real GDP...