Commerce News Updates

GovernmentBusiness

Economic Growth for Q1 Is Revised Up to a 1.4% Annual Rate

WASHINGTON — The economy expanded at a 1.4% annual pace from January through March, the government said in a slight upgrade from its previous estimate.

June 27, 2024
GovernmentBusiness

Commerce Department Touts Indo-Pacific Pact

The U.S. Commerce Department is pitching its landmark multinational pact to strengthen supply chains with 13 Indo-Pacific nations.

September 13, 2023
GovernmentBusinessTechnology

Commerce Department to Award Grants to Fund Tech Hubs

WASHINGTON — The Commerce Department is launching the application process for cities to receive a total of $500 million in grants to become technology hubs.

May 12, 2023
GovernmentBusinessTechnologyFuel

Clean Energy Investments Touted at Commerce Summit

NATIONAL HARBOR, Md. — President Joe Biden cited supply chain achievements and urged foreign investment as the Commerce Department held a networking event that included 70 countries.

May 4, 2023
GovernmentBusiness

Rhode Island Gov. Gina Raimondo Confirmed as Commerce Secretary

Gina Raimondo easily won Senate confirmation as Commerce secretary, placing the Rhode Island governor at the heart of President Joe Biden’s efforts to revive the U.S. economy and confront alleged unfair trade practices by China.

March 2, 2021
GovernmentBusiness

Senate Committee Schedules Vote on Raimondo’s Nomination

A U.S. Senate panel scheduled a vote to consider the nomination of Gov. Gina Raimondo to become the country’s next secretary of commerce.

January 29, 2021
GovernmentBusiness

Biden Selects Boston Mayor Marty Walsh for Labor Secretary

President-elect Joe Biden has selected Boston Mayor Marty Walsh to serve as secretary of the Department of Labor.

January 7, 2021
GovernmentBusiness

Biden Taps Rhode Island Gov. Gina Raimondo as Commerce Chief, Source Says

President-elect Joe Biden has chosen Rhode Island Gov. Gina Raimondo as his nominee for commerce secretary, a person familiar with the matter said Jan. 7.

January 7, 2021
Government

Commerce Department Grants Target Infrastructure Improvements in Texas, California

Texas and California are the recipients of federal grants meant to enhance infrastructure projects essential for freight connectivity, the Department of Commerce’s Economic Development Administration announced.

October 2, 2019
BusinessEquipment

Business-Equipment Orders Show First Decline in Five Months

Orders placed with U.S. factories for business equipment unexpectedly declined in August, the first drop in five months, marking a pause from solid gains in manufacturing, Commerce Department figures showed Sept. 27.

October 1, 2018