represents nearly 60% of total U.S. exports and will play a vital role in
America’s economic recovery.
his State of the Union address, President Obama laid out a blueprint for an
"America Built to Last." That starts with American manufacturing. And in his
FY2013 budget request, the president outlined strong support for manufacturers
by increasing investments in advanced manufacturing, new trade promotion
efforts, and innovation.
Over the past three years, business owners and entrepreneurs
have told us that they don’t have the time or resources to navigate the maze of
government agencies and need a one stop shop where they could go for all the
assistance they need at every stage of their development. As President
Obama said in his State of the Union address last month, we need to give U.S.
businesses every opportunity and tool to succeed and not a maze to navigate. And as Secretary Bryson has said multiple times
Today, the Obama Administration is launching a new online platform, BusinessUSA, to help small businesses and exporters of all sizes find information about available federal programs without having to waste time and resources navigating the federal bureaucracy.
BusinessUSA, currently in “beta”, combines information and services from 10 different government agencies through one consolidated website and coordinate telephone support through a single 800#. The site already presents hundreds of business resources, in one place.
In his 2010 State of the Union address, President Obama set
a goal of doubling exports by the end of 2014 – an increase that will support
two million additional jobs here at home. In a time when millions of Americans
are out of work, boosting U.S. exports is a short-term imperative because
exports support millions of good, high-paying American jobs. And for companies
looking to expand, looking beyond our borders only makes sense because 95% of
the world’s customers are outside our borders.
Guest blog post by Nicole Y. Lamb-Hale, Assistant Secretary for Manufacturing and Services, International Trade AdministrationThis week I’m in Singapore leading a delegation of fifteen small and medium sized U.S. aerospace companies to the 2012 Singapore Air Show. The delegation is part of the overall presence of U.S. companies at the U.S. International Pavilion, which this year featured more than 70 companies, 27 of whom are first time exhibitors. In total, more than 170 U.S.
Today Secretary Bryson returned to his home city and led a roundtable with Los Angeles-area businesses about trade with China. Bryson delivered the message that the U.S. and China need greater balance in our trade and economic relationship – and a level playing field for American businesses. To ensure a level playing field, the President has requested funding for an Interagency Trade Enforcement Center coordinated through Commerce Department’s International Trade Administration and the U.S. Trade Representative’s office.
One of the Chief
Architects of the Obama Administration's
Bottom-Up Innovation Strategies, U.S. Department of Commerce Assistant
Secretary for Economic Development John R. Fernandez to Return to Private
Sector to Promote Innovation, Job Creation and Global CompetitivenessU.S.
Commerce Department Assistant Secretary for Economic Development John R.
Fernandez has spent the last two and a half years – amid the most severe
economic downturn in generations – successfully guiding the Economic
Yesterday, two NTIA Recovery Act broadband grantees were among 11 local leaders from across the country honored at the White House as “Champions of Change.” Joe Freddoso, President and CEO of MCNC, and Donald Welch, President and CEO of Merit Network Inc, were recognized for using innovative techniques to develop valuable projects helping to improve America’s infrastructure.
Right now, small businesses across America pay an average of 18 percent more to provide health insurance than large businesses. While the insurance exchanges included in the Affordable Care Act will bring these costs down starting in 2014, we need to make it easier for small business owners to provide insurance to their employees right now. One important part of President Obama’s Fiscal Year 2013 budget proposal expands a tax credit that does exactly that.
Yesterday, Acting Deputy U.S. Commerce Secretary Rebecca Blank traveled to Flint, Michigan, to tour the factory floor at Genesee Packaging, Inc., along with Flint Mayor Dayne Walling, Genesee Packaging President and CEO Willie Artis, and other employees. Her visit followed the release of President Obama’s fiscal 2013 budget request Monday, where the president laid out his blueprint for an economy built on American manufacturing, American energy, and skills for American workers.Following the tour, Blank highlighted investments in the new budget proposal that will support U.S.