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Remarks by Commerce Secretary Wilbur L. Ross at the Greater Houston Partnership and the Houston Regional Economic Development Alliance Virtual Roundtable

演讲
Thank you Susan for co-hosting this teleconference with HREDA. I had planned to be in Houston with you, but the coronavirus continues to present challenges. However, we all know that when Houston confronts such obstacles, it always prevails. It last happened in August 2017, when Hurricane Harvey dumped 40 inches of rain on your city. It was the wettest storm ever to hit the United States, and it...

Op-Ed by Commerce Secretary Wilbur L. Ross: Under Donald Trump’s 领导, the U.S. Economy Will Come Back Strong

专栏文章
There is no doubt the coronavirus pandemic has dramatically impacted our day-to-day lives. Americans are making adjustments to everything from their morning routines to how they’re managing their money. Families have yearned for good economic news for several months now, and last week we saw the beginning of an economic revival they’ve so desperately needed. By multiple predictions, May and June...

Statement from Secretary of Commerce Wilbur Ross on 总裁唐纳德·Ĵ。王牌’s Budget: A Budget for America’s Future

新闻稿
President Trump’s dedication to the success of all Americans has fostered an unprecedented period of growth for our economy and created the biggest economic boom in our nation’s history. The President’s 2021 Budget for America’s Future exemplifies his bold leadership and commitment to tackling the big structural issues that will allow every American to have equal and limitless opportunities to...

Gross Domestic Product by Industry: Second Quarter 2019

博客
Professional, scientific, and technical services; real estate and rental and leasing; and mining were the leading contributors to the increase in U.S. economic growth in the second quarter of 2019. The private goods‐ and services‐producing industries, as well as the government sector, contributed to the increase. Overall, 14 of 22 industry groups contributed to the 2.0 percent increase in real GDP...

U.S. Current Account Deficit Narrows in Second Quarter 2019

博客
The following is a cross-post from the Bureau of Economic Analysis (BEA) The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, narrowed by $8.0 billion, or 5.9 percent, to $128.2 billion in the second quarter of 2019. The narrowing mainly reflected an expanded surplus on...

Real Consumer Spending Rises in July

博客
个人收入 increased 0.1 percent in July after increasing 0.5 percent in June. Wages and salaries, the largest component of personal income, increased 0.2 percent in July after increasing 0.5 percent in June. Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in July after increasing 0.4 percent in June. Real DPI, income adjusted for taxes and inflation...

Op-Ed by Commerce Secretary Wilbur L. Ross: American Workers are Winning

专栏文章
There is a significant body of evidence showing that the U.S. economy is strong. The 我们。经济 has added millions of jobs, and even long-neglected sectors like manufacturing are having a resurgence. Among the continuous good economic news, wage growth for America’s workers has taken center stage. For the first time since 2009, year over year nominal hourly wage growth met or surpassed 3 percent...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the Florida Chamber of Commerce, Miami International Airport

演讲
Introduced by Ken Pyatt, Deputy Director of the Miami-Dade County Aviation Department. Thank you, Ken, for the kind introduction. Thank you all for being here today. And a special thank you to Eduardo Torres and your team at the U.S. Export Assistance Center of South Florida for all you do for the business community in this region of the country. On behalf of President Trump, I am delighted to...

Statement from U.S. Secretary of Commerce Wilbur Ross on Q1 2019 GDP Growth

新闻稿
WASHINGTON – Today, the U.S. 澳门皇冠体育’s Bureau of Economic Analysis (BEA) released the first quarter 2019 Gross Domestic Product (GDP) numbers. The Bureau found that the real gross domestic product increased at an annual rate of 3.2 percent in the first quarter of 2019. “This blockbuster GDP report shows that 总裁唐纳德·Ĵ。王牌’s policies are unleashing the vitality of the...

U.S. Economic Growth Reached 3.1 Percent Growth In 2018

博客
No economic analysis can be considered complete without appreciation for the many different estimates and assessments that go into evaluating our country’s economy. The 澳门皇冠体育 provides many of the economic indicators that business, government and Americans of all stripes rely on, including our regular estimates of U.S. GDP growth. During 2018, real GDP grew 3.1 percent, the fastest...