Commerce Department Effort to Recruit Women in Construction

Secretary Raimondo says CHIPS Act goals will not be achieved without them. The Department of Commerce released its framework for encouraging women to become construction workers, saying that…

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Commerce Department Announces Upcoming National Child Care Summit

Secretary Raimondo says child care is an economic issue. Secretary Gina Raimondo announced that the Commerce Department will co-host the first-ever National Child Care Innovation Summit later this…

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Commerce Department Announces Agreement for Samsung Chip Facilities

Preliminary agreement proposes investing $6.4 billion into facility construction and expansion in Texas. The Department of Commerce announced that it has reached a non-binding domestic manufacturing agreement with…

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Commerce Department Reaches Preliminary Agreement with Intel

 CHIPS funding would support Intel manufacturing in four states. The Commerce Department announced that it has reached a preliminary agreement with Intel Corporation, offering the company $8.5 billion…

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House Committee Calls for Higher Tariffs on Chinese Drones

Also recommends U.S. drone incentives in a letter to the administration. Representatives of the House China Committee wrote a letter to administration officials on Wednesday urging President Biden’s…

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White House Announces $5 Billion for Semiconductor Research

The administration establishes a center for research and a public-private development consortium. President Biden’s administration has announced a $5 billion investment into domestic semiconductor research and development (R&D),…

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SelectUSA Fostered $200 Billion in Foreign Investments

Commerce Department reports a milestone in the program’s 11 years. The Department of Commerce announced that their program SelectUSA reached $200 billion in certified foreign direct investments into…

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Commerce Department Announces Domestic Chip Production Grants

$62 million in funding to support U.S. chip factories. The U.S. Department of Commerce announced a second tranche this week from the Chips and Science Act of 2022…

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Commerce Department Launching Semiconductor Supply Chain Survey

The department will assess the current state of domestic production to develop support methods. The Department of Commerce announced that it is launching a new survey this month…

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Commerce Department Reports Outdoor Recreation Revenue

Record highs within the sector show a bounce-back after the COVID-19 pandemic. The outdoor recreation industry generated $1 trillion in gross domestic product (GDP) for America’s economy in…

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