Firs-quarter U.S. Travel and Tourism exports contribute $43 billion to the U.S. economyU.S. Deputy Secretary of Commerce Rebecca Blank highlighted new data today that shows spending by international visitors to the United States in March 2013 totaled more than $14.4 billion, an increase of nearly 3 percent when compared to last year. International visitors spent $43 billion on travel to, and tourism-related activities within, the United States during the first quarter of 2013.Read More
This blog is by Don Graves, Deputy Assistant Secretary for Small Business, Housing, and Community Development Policy at the U.S. Department of Treasury and has served as Executive Director of the President's Council on Jobs and Competitiveness. This blog first appeared at Treasury.Gov.
The United States Patent and Trademark Office (USPTO) had
the exciting privilege of honoring 17 of America’s greatest innovators Wednesday
night, when they were inducted into the National Inventors Hall of Fame in
ceremonies held at the USPTO’s Alexandria, Va., headquarters. Acting Under
Secretary of Commerce for Intellectual Property and Acting Director of the
USPTO Teresa Stanek Rea conferred induction medals to visionary inventors whose
patented innovations include the electronic synthesizer, flat panel plasma
While the U.S. economy continues to see positive signs of growth, consumer spending in one sector is booming – tourism.
Consider the facts – spending by international travelers to and within the U.S. increased 10.5 percent in 2012 (source: U.S Travel Association). Travel also continues to lead export growth, accounting for a 23 percent rise in U.S. exports. Home grown tourism is also experiencing a surge, with more and more Americans opting to take “staycations” – enjoying recreational and entertainment options closer to home – as opposed to hitting the roads and skies.
Cross post from Tradeology, the official blog of the International Trade AdministrationThe following blog post was written by Francisco J. Sánchez, Under Secretary of Commerce for International
May brings warmer weather, longer days, and, most importantly for us at the
Department of Commerce, World Trade Month. For years, this has been a special
time to reflect on the importance of trade to our nation’s economic
Over the past few months, we’ve discussed what an
Are you thinking of purchasing a franchise someday?
If so, you’re going to be focusing on things such as finding a franchise that’s a good fit for you, doing research, scouting out potential business locations and getting a small business loan.*
Do you target children or a youth demographic online? Perhaps you’ve developed or are marketing a mobile app that appeals to a youth market? If so, you should be aware of the Children’s Online Privacy Protection Act (COPPA) – a federal ruling enforced by the Federal Trade Commission (FTC) that gives parents control over what personal information websites can collect from children under the age of 13.
President Barack Obama recently proclaimed April National Financial Capability Month. Recognizing the importance of smart financial planning in achieving the American Dream, this month calls on individuals to empower themselves by seeking knowledge and tools for strong financial capability.
Nowhere is financial literacy more important than in the small business community. Small businesses are the embodiment of the American dream and the backbone of the American economy, creating 64 percent of the net new jobs created between 1993 and 2011.
Export, trade and finance related agencies across the federal government are teaming up during World Trade Month - May 2013 - to host a series of Twitter Q&A’s for U.S. companies. Businesses can participate by tweeting their questions using the hashtag #TradeChat during the scheduled times.Read More
What does your online storefront look like? How are you attracting customers to purchase a product they can’t touch, feel or try until it arrives on their doorstep?
This is a common, yet often overlooked, problem for small business owners who sell exclusively online through their own site or a third party site like Etsy or eBay. You might sell the most exquisite artisan product, but if you don’t present it effectively, shifting inventory might be harder than you think.