Political Capital

Posts tagged: Commerce Department


Lifeguards survey the crowded waters at Horseneck Beach in Westport, Mass, on July 6, 2014.

Photograph by Dina Rudick/The Boston Globe via Getty Images

Lifeguards survey the crowded waters at Horseneck Beach in Westport, Mass, on July 6, 2014.

Summer Jobs? Try a Marina

Summertime, and the employment’s easy — in some places. In a display that has the feel of a vital-signs monitor in some hospital ward, the Bureau of Labor Statistics reports a pretty healthy pulse of summer employment gains in certain...

Read more »

A job seeker fills out an application during the start of the HireLive career fair on June 4, 2014 in San Francisco.

Photograph by Justin Sullivan/Getty Images

A job seeker fills out an application during the start of the HireLive career fair on June 4, 2014 in San Francisco.

White House: The Good News in the GDP Slowdown

It’s only natural. When the U.S. economy contracts the most it has since the depths of the worst recession since the Great Depression, the White House starts looking for ways to fill the glass. Remember that unusually severe winter weather?...

Read more »

A tug boat moves the APL Singapore container ship to dock at the Port of Oakland in California.

Photograph by David Paul Morris/Bloomberg

A tug boat moves the APL Singapore container ship to dock at the Port of Oakland in California.

Bloomberg by the Numbers: 3.5%

The U.S. economy will expand at a 3.5 percent annualized rate in the second quarter, according to a median projection of economists. Gross domestic product fell at a 1 percent rate in the first quarter, according to revised Commerce Department...

Read more »

Georgia Chopsticks LLC ships two million chopsticks per day to China, Japan, Korea and the U.S.

Photograph by Chris Rank/Bloomberg

Georgia Chopsticks LLC ships two million chopsticks per day to China, Japan, Korea and the U.S.

Bloomberg by the Numbers: 10.5%

That’s how much U.S. exports to China were up, year-to-date earlier this month, compared with the same period last year. Those exports to China — totaling $31 billion in value so far this year — ranked third behind exports to...

Read more »

A model Shadow M2 unmanned aerial vehicle, manufactured by Textron Systems Corp., during the Singapore Airshow on Feb. 11, 2014.

Photograph by Brent Lewin/Bloomberg

A model Shadow M2 unmanned aerial vehicle, manufactured by Textron Systems Corp., during the Singapore Airshow on Feb. 11, 2014.

Textron’s Lord Seeks Relaxed Export Controls

Textron Systems, the defense division of Textron Inc., has plans to grow its international sales to 50 percent of revenue by 2016, up from more than 35 percent in 2013.  The overseas business will help offset the loss of U.S....

Read more »

Auto mechanics at a small shop in the Queens borough of New York City.

Photograph by Andrew Burton/Getty Images

Auto mechanics at a small shop in the Queens borough of New York City.

Bloomberg by the Numbers: 95.2

The National Federation of Independent Business’s Small Business Optimism Index rose to 95.2 last month, a post-recession high. The index improved from 93.4 in March to its highest level since 2007, before a credit crisis took hold. While the NFIB...

Read more »

Shipping containers at the Port of Virginia APM Terminal in Portsmouth.

Photograph by Luke Sharrett/Bloomberg

Shipping containers at the Port of Virginia APM Terminal in Portsmouth.

Bloomberg by the Numbers: 1.34%

That is the relative drag that the U.S. trade deficit is putting on economic growth, the biggest since this data was first tracked in 1947. Alan Tonelson, a U.S. Business and Industry Council research fellow, offers this read on the...

Read more »

Penny Pritzker, left, and Robbie Myers attend ELLE's annual Women in Washington Power List dinner hosted by Myers, ELLE Editor-in-Chief, with Gucci at Villa Firenze, the home of the Italian Ambassador, on March 25, 2014 in Washington, DC.

Photograph by Paul Morigi/Getty Images for Elle

Penny Pritzker, left, and Robbie Myers attend ELLE's annual Women in Washington Power List dinner hosted by Myers, ELLE Editor-in-Chief, with Gucci at Villa Firenze, the home of the Italian Ambassador, on March 25, 2014 in Washington, DC.

Pritzker’s Priorities: ‘Grow Exports’

Commerce Secretary Penny Pritzker’s priority for 2014 is to “grow exports and to work with more foreign exports to grow the economy and grow jobs,” she says. Pritzker, honored last night at a dinner hosted by Elle Magazine and Gucci, took some time...

Read more »