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Economic growth in the fourth quarter was consistent with a broad range of other indicators showing solid improvement in the labor market, rising consumer sentiment, increasing domestic energy security, and continued low health cost growth. The combination of consumer spending and fixed investment grew at about the same strong pace as in the third quarter, while more volatile factors that elevated the overall growth rate in the third quarter subtracted from it in the fourth quarter.Read More
Watch Jo Handelsman, Associate Director for Science in the Office of Science and Technology Policy, explain the Precision Medicine Initiative and its significance.
Watch on YouTube
The President's 2016 budget includes investments in an emerging field of medicine that takes into account individual differences in people's genes, microbiomes, environments, and lifestyles -- making possible more effective, targeted treatments for diseases like cancer and diabetes. That's incredibly significant, and this is why:
President Barack Obama, Vice President Joe Biden and Gen. Martin Dempsey, Chairman of the Joint Chiefs of Staff participate in an Armed Forces farewell in honor of Secretary of Defense Chuck Hagel, left, at Joint Base Myer-Henderson Hall in Fort Myer, Va., Jan. 28, 2015.
(Official White House Photo by Pete Souza)Read More
has never been a better time to invest in the United States. With a resurgent economy and a strong economic foundation to
support growth for years to come, it is no wonder the United States is the
world’s top destination for businesses looking to expand.
Guest blog post by
Dr. Willie E. May, Acting Under Secretary of Commerce for Technology and
Standards and Acting Director, National Institute of Standards and TechnologyToday I had the honor of announcing a new public-private
partnership, along with the National
Football League (NFL), GE, and Under Armour. This unusual group of players is
launching an open innovation competition to advance materials that better
absorb or dissipate energy. These new materials could improve the performance
"Behind the Budget" is a series of posts featuring audio stories from staffers from across the Office of Management and Budget, discussing aspects of the budget process that most Americans don't get to see.Read More
Today, the Commerce Department's Economic Development Administration
(EDA) announced the next round of competition for designation as a
“Manufacturing Community” under the Investing in Manufacturing
Communities Partnership (IMCP) initiative. IMCP is designed to
revolutionize the way federal agencies leverage economic development funds. It
encourages communities to develop comprehensive economic development strategies
that will strengthen their competitive edge for attracting global manufacturer
Young adults historically faced unique challenges in obtaining health insurance coverage. In 2009, nearly one-third of young adults ages 19-25 lacked health insurance, more than twice the rate for Americans overall. But the nation has since made dramatic progress in expanding coverage among young adults, thanks to the Affordable Care Act’s provision allowing young adults to remain on a parent’s plan through age 26 and its broader expansion of coverage through the Health Insurance Marketplaces and Medicaid.
Super Bowl XLIX will be played Feb. 1 at University of Phoenix Stadium in Glendale, Ariz. This will be the second time the NFL’s championship game will be held in Glendale and the third time in the Phoenix metropolitan area. To commemorate this event, the U.S.Read More