Guest blog post by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development

Traditionally, the effectiveness of an economic development investment has been measured primarily by the number of jobs created and dollars leveraged. While critically important, the U.S. Commerce Department’s Economic Development Administration (EDA) has partnered with Portland State University to create an innovative, web-based tool that takes into account a broader array of economic, environmental, and social impacts to more fully evaluate the potential impact of projects. This new Triple Bottom Line (TBL) Tool will help economic development practitioners, investors, and decision-makers assess, compare, and communicate the viability of potential investments.

While the TBL approach has been recognized as a valuable analytical tool among businesses—including major U.S. companies such as General Electric, Unilever, Proctor and Gamble, among many others—it has not been widely applied or considered within the public sector or by the economic development profession. The new TBL Tool developed through EDA’s investment represents a significant step forward for expanding the application of the concept by planners, nonprofits, community organizations, and governments to help support the assessment and decision making of critical development decisions.

Guest blog post by Commerce Chief Information Officer Simon Szykman             

Last summer, President Obama launched the Campaign to Cut Waste, saying, “No amount of waste is acceptable, not when it’s your money. Just as families are living within their means, government should too, so we can invest in the things that we know will create good jobs and grow the economy.” 

We’re doing just that at the Commerce Department.

This campaign is an administration-wide effort to make government more transparent and accountable to the American people. As part of this ongoing initiative, the Commerce Department is looking for new ways to boost efficiencies and to be good stewards of taxpayer dollars. The Department’s fiscal year 2013 budget request identified a total of $176 million in savings through lower-cost acquisitions, reduced overhead expenses, and better management of facilities and vehicles. 

Today, we’re launching a blog series to highlight some of these Department-wide efforts to eliminate wasteful spending and support an economy built to last.

The Department of Commerce's Minority Business Development Agency (MBDA) National Director David Hinson wrapped up a five-day trip to Brasilia and São Paulo, Brazil, on August 24. 

The trip provided an opportunity for Commerce’s MBDA to help push forward on the Obama administration’s National Export Initiative (NEI) by fostering greater access to emerging markets in Brazil for minority business enterprises. Helping the administration achieve its NEI goal of doubling exports by the end of 2014 is a top priority for MBDA, because more exports mean more jobs. Through the NEI, MBDA is thinking strategically about the sectors and markets that give America’s minority businesses a comparative advantage globally. Brazil is one of those key markets.

During the trip, Director Hinson met with Brazil’s Ministry of Foreign Relations and Brazilian business owners to discuss how MBDA can help U.S. minority-owned businesses enterprises (MBEs) improve their return on investment through strategic partnerships and gain access to the unprecedented opportunities in the United States and Brazil—the two largest economies in the Western Hemisphere.

Not many 25-year-olds can boast that in their short lifetime they have helped thousands of organizations develop and maintain world-class operations, innovative management, efficient procedures, involved workforces and highly satisfied customers. But one certainly can: the Baldrige Performance Excellence Program, the nation's premier means for organizations of all types to seek, achieve and maintain performance excellence.

On August 20, 1987, President Ronald Reagan signed into law the Malcolm Baldrige National Quality Improvement Act, establishing the Malcolm Baldrige National Quality Award and its supporting program "to spark U.S. competitiveness and create a sustainable economy." Named after Malcolm Baldrige, the 26th Secretary of Commerce, the Baldrige Award and the Baldrige Program have guided organizations worldwide on their journeys toward continuous improvement and enhanced performance through the seven Baldrige Criteria for Performance Excellence—leadership; strategic planning; customer focus; measurement, analysis and knowledge management; workforce focus; operations focus; and results.

To celebrate its silver anniversary, the Baldrige Program has created a special Web page, "Honoring Our Past. . . Building an Even Better Future", that provides numerous links. See the full release

This morning, Acting Secretary Rebecca Blank joined U.S. Representatives Chaka Fattah and Allyson Schwartz on a tour of the job training facilities of Steamfitters Local 420 in Philadelphia, where classes are held for apprentices and journeyworkers to develop and improve their skills so they can better serve clients and become qualified for a broader range of employment opportunities.

The rigorous training and education being offered at the facility has made a difference in the lives of hundreds of people throughout the region. The steamfitters local union 420 training center services the entire state and the work being done by members helps keep the region's infrastructure running smoothly, helping to make southeastern Pennsylvania an attractive place to do business.

Today's visit was an opportunity for local business leaders, workers and entrepreneurs to showcase all that they are doing to support manufacturing, train a 21st century workforce, and help the American economy recover from the worst recession since the Great Depression. 

While there is still more work to be done, our private sector has now had 29 straight months of job growth, creating 4.5 million new jobs. Over the past two and one-half years, more than a half-million manufacturing jobs have been created in the U.S.— the strongest job growth in that sector since the 1990s.

Pennsylvania alone has gained over 10,000 new manufacturing jobs since January, 2010. And these manufacturing jobs are good jobs that pay more than average and provide greater benefits.

During the visit, Acting Secretary Blank affirmed Commerce’s efforts to build a strong environment for manufacturing and innovation in the U.S. For example, the Obama administration recently announced the launch of a new public-private institute for manufacturing innovation as part of its ongoing efforts to help revitalize American manufacturing and encourage companies to invest in the United States. This new partnership, the National Additive Manufacturing Innovation Institute (NAMII), includes manufacturing firms, universities, community colleges, and non-profit organizations from the Ohio-Pennsylvania-West Virginia "Tech Belt."

Though progress has been made, more work remains. This is why the Obama administration continues to call on Congress to pass legislation to give our companies a tax break if they move operations and jobs back. President Obama has also called for helping state and local governments hire or retain teachers, police, and firefighters; and putting construction workers by to work while repairing crumbling American infrastructure. These proposals would create a million new jobs, according to independent economists.

After visiting the steamfitters' training facilities, Acting Secretary Blank traveled to Allentown, Pennsylvania, to announce a grant to help local small manufacturers lower operating costs and create jobs. She was joined by Allentown Mayor Ed Pawlowski, local business leaders, and entrepreneurs to highlight Obama administration efforts to help local companies and workers build things here so they can sell them everywhere.

Innovation is thriving in Maine, and the U.S. Patent and Trademark Office (USPTO), the Department of Commerce, and the administration are working hard to further foster that environment, Under Secretary of Commerce and USPTO Director David Kappos told the Regional Chamber of Commerce of Penobscot Bay, Maine, on Tuesday.

From 2009 to 2010, the number of patent filings in the Portland, Maine, region nearly doubled, Kappos said. “We’re doing a lot to ensure that creative ideas and groundbreaking innovations, born right here in Maine, can flourish, and that the American innovation system is one that’s built to last.”

Barriers to innovation are being reduced, Kappos said, in part through the Startup America initiative, which includes investment funds, mentoring networks for entrepreneurs, tax breaks for small businesses, and the Department of Commerce’s i6 Green Challenge. That program rewards communities that develop and embrace cutting-edge ideas in green technology development and implementation.

Kappos also highlighted promoting insourcing of U.S. jobs through robust protections of our intellectual property abroad.

By August, summertime will be winding down and vacations will be coming to an end, signaling that back-to-school time is near. It's a time that many children eagerly anticipate—catching up with old friends and making new ones, and settling into a new daily routine. Parents and children alike scan the newspapers and websites looking for sales to shop for a multitude of school supplies and the latest clothing fads and essentials. This edition of the U.S. Census Bureau's "Facts for Features" highlights the many statistics associated with the return to classrooms by our nation's students and teachers. 

Interesting Fact: $74,000=Median earnings of full-time, year-round workers with an advanced degree in 2009. Workers whose highest degree was a bachelor's had median earnings of $56,000. Median earnings for full-time, year-round workers with a high school diploma was $33,000, while workers with less than a high school diploma had $25,000 median earnings.  Back to School 2012-2013

Today, Acting Commerce Secretary Rebecca Blank joined White House National Economic Council Director Gene Sperling, Undersecretary of Defense Frank Kendall, and other Obama administration officials to announce the launch of a new public-private institute for manufacturing innovation in Youngstown, Ohio as part of ongoing efforts to help revitalize American manufacturing and encourage companies to invest in the United States. This new partnership, the National Additive Manufacturing Innovation Institute (NAMII), was selected through a competitive process, led by the Department of Defense, to award an initial $30 million in federal funding, matched by $40 million from the winning consortium, which includes manufacturing firms, universities, community colleges, and non-profit organizations from the Ohio-Pennsylvania-West Virginia "Tech Belt." The institute focuses on additive manufacturing, often referred to as 3-D printing, which will have implications in a wide range of industries including defense, aerospace, automotive, and metals manufacturing. In her remarks, Acting Secretary Blank discussed the role of American manufacturing in driving economic growth and creating good jobs in the United States.

Youngstown, Ohio and the surrounding region knows what happens when manufacturing production declines. But in this area once known as the "rust belt," investments like this new pilot institute demonstrate the potential within a region to bring together the capabilities of America’s companies and universities, in partnership with the federal government, to invest in the cutting-edge technologies and skills our manufacturers need to compete. With this initiative, Youngstown is poised to become the epicenter of burgeoning new industries from its leadership in additive manufacturing or 3-D printing.

Guest blog post by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development

Over the next two days, I will join several colleagues for a rural swing in North Carolina and Louisiana to promote jobs and innovation. Along with Deputy Under Secretary for USDA Rural Development Doug O’Brien, Appalachian Regional Commission Federal Co-Chair Earl F. Gohl, and Delta Regional Authority Federal Co-Chairman Christopher Masingill, I will attend events in rural America and tour two projects that were among the 13 winners of this year’s Rural Jobs and Innovation Accelerator Challenge.

The Rural Jobs Accelerator—designed by the Taskforce for the Advancement of Regional Innovation Clusters and the White House Rural Council—is a joint effort of 13 federal agencies, working together to help accelerate economic and job growth across rural regions. It is a great example of collaboration across federal agencies to pool resources and identify new, innovative ways to create an economy built to last.

Since taking office three and one-half years ago, President Obama has been deeply committed to strengthening rural economies all across America—helping to create jobs, support business growth, and expand opportunity for rural Americans. The administration has advanced new policies and initiatives and made significant investments in rural communities. The Rural Jobs Accelerator builds on those goals, seeking to foster job creation and business innovation in these communities.

Helping set a stage for success to Atlanta’s entrepreneurs, Under Secretary of Commerce and Director of the U.S. Patent and Trademark Office (USPTO) David Kappos was in the Georgia capital this afternoon to help launch Startup Atlanta. Created by the city’s economic development agency, Invest Atlanta, the initiative seeks to connect entrepreneurs with the resources they need to succeed.

A hallmark for Startup Atlanta is an online platform that will serve as a network for entrepreneurs while simultaneously mapping out valuable resources such as incubators, accelerators, service providers and connections.

At the event, Kappos addressed the importance of a vibrant local entrepreneur community. “Not only do the novel ideas of Georgia’s entrepreneurs have the potential to move the pulse of an industry or transform the welfare of a community,” Kappos said, “They can also attract critical resources and capital for additional research and development, creating a host of new markets and new opportunities.”

As the 2012 Olympic Games wind to a close, American athletes have racked up nearly 40 gold medals against the best of their international competition. They achieved those victories with hours of practice, dedication, and partnership with coaches and mentors. Like America’s Olympians, American businesses are also competing on the global stage, and the Commerce Department is partnering with them through our Gold Key Matching Service to help them win.

Gold Key Matching Services, run through the International Trade Administration’s U.S. Commercial Service, is a low-cost service for American businesses to expand their global reach by making contacts with foreign firms and potential business partners.

Before business leaders go oversees to meet with prospective trade partners, the Gold Key Matching Service arranges appointments with pre-screened overseas agents, distributors, sales representatives and business partners. This cuts the time and cost to businesses in locating and vetting prospective trade partners.

The Gold Key Matching Services provide a host of other benefits for U.S. companies, including market research, industry briefings with U.S. Commercial Service trade specialists, and assistance with travel, accommodations, and interpreter services. In addition, for business leaders who aren’t able to make a trip overseas, video services are available to meet with potential business partners via videoconferencing.

Updated outlook calls for near- or above-normal Atlantic season

This year’s Atlantic hurricane season got off to a busy start, with 6 named storms to date, and may have a busy second half, according to the updated hurricane season outlook issued today by NOAA’s Climate Prediction Center, a division of the National Weather Service. The updated outlook still indicates a 50 percent chance of a near-normal season, but increases the chance of an above-normal season to 35 percent and decreases the chance of a below-normal season to only 15 percent from the initial outlook issued in May.

Across the entire Atlantic Basin for the season—June 1 to November 30—NOAA’s updated seasonal outlook projects a total (which includes the activity-to-date of tropical storms Alberto, Beryl, Debbie, Florence and hurricanes Chris and Ernesto) of:

• 12 to 17 named storms (top winds of 39 mph or higher), including:
• 5 to 8 hurricanes (top winds of 74 mph or higher),
• 2 to 3 could be major hurricanes (Category 3, 4 or 5; winds of at least 111 mph)

The numbers are higher from the initial outlook in May, which called for 9-15 named storms, 4-8 hurricanes and 1-3 major hurricanes. Based on a 30-year average, a normal Atlantic hurricane season produces 12 named storms, six hurricanes, and three major hurricanes.  See NOAA's full release

Guest blog post by Matt Erskine, Acting Assistant Secretary of Commerce for Economic Development

A look at the recent national weather map underlines the reason for the Obama administration’s comprehensive response and action plan: large sections of the country are experiencing one of the worst droughts in decades—with levels ranging from “severe” to “extreme” and “exceptional.”

The consequences of drought don’t just affect farmers and their crops and livestock, but have ripple effects throughout the regional economies that depend on them. It is with this in mind that President Obama convened a recent meeting of the White House Rural Council to coordinate an administration-wide response to the drought and focus agency activities to partner and support Americans impacted by it.

The U.S. Commerce Department’s Economic Development Administration (EDA), with its decades of experience helping communities stricken by natural disasters, will play an important role to help rural communities with economic recovery. Along with the Small Business Administration (SBA), the U.S. Department of Agriculture (USDA), and other federal partners, it will leverage its resources, economic tool box, and expertise to help implement initiatives to alert drought-stricken communities to the federal resources that are already available to them.

Drought expands to cover nearly 63 percent of the Lower 48; wildfires consume two million acres

The average temperature for the contiguous U.S. during July was 77.6°F, 3.3°F above the 20th century average, marking the hottest July and the hottest month on record for the nation. The previous warmest July for the nation was July 1936 when the average U.S. temperature was 77.4°F. The warm July temperatures contributed to a record-warm first seven months of the year and the warmest 12-month period the nation has experienced since recordkeeping began in 1895.

Precipitation totals were mixed during July, with the contiguous U.S. as a whole being drier than average. The nationally-averaged precipitation total of 2.57 inches was 0.19 inch below average. Near-record dry conditions were present for the middle of the nation, with the drought footprint expanding to cover nearly 63 percent of the Lower 48, according to the U.S. Drought Monitor.  See full report

Guest blog post by Mark Doms, Department of Commerce Chief Economist, Economics & Statistics Administration

Earlier today, the Bureau of Labor Statistics (BLS) released a report showing that the private sector added 172,000 jobs last month, and overall employment rose by 163,000. While there’s more work to be done, the economy is creating jobs on a consistent basis. The economy has added private sector jobs for 29 straight months, for a total of 4.5 million jobs. In fact, since the beginning of the year, the economy has added over 1.1 million private sector jobs. Today’s employment report provides further evidence that the U.S. economy is continuing to recover from the deepest recession since the Great Depression.

Additionally, the BLS report also showed that the manufacturing sector continues to be a bright spot, which is especially important for middle class families, because these jobs pay high wages and provide high levels of benefits.

The good news is that the U.S. manufacturing sector’s recovery continues: 532,000 new manufacturing jobs have been created over the past 30 months, with 25,000 being added in July. In terms of production, manufacturing output is up 19.8 percent from the trough reached in June 2009.

A part of manufacturing that has been consistently strong is the motor vehicles and parts industry, which has added 165,000 jobs since June 2009. Further, production of cars and trucks in the U.S. reached 10.5 million units at an annual rate in June, a sharp contrast to the shockingly low level of 3.7 million units witnessed in January, 2009.  To continue the revival in manufacturing jobs and output, it is crucial that we implement President Obama’s proposals providing tax incentives for manufacturers, supporting training for the workforce, creating manufacturing hubs, and ending tax breaks for companies that send jobs overseas and provide tax incentives for companies bringing jobs back to the United States.