U.S. Department of Commerce (DOC)
The U.S. Department of Commerce (DOC) is responsible for promoting economic growth, job creation, and sustainable development in the United States. It supports businesses, enhances international trade, provides economic data, and fosters technological advancements.
DOC Agencies and Their Functions
Economic Development and Business Support
- Economic Development Administration (EDA) – Provides grants and technical assistance to foster regional economic growth.
- Minority Business Development Agency (MBDA) – Supports the growth and competitiveness of minority-owned businesses.
International Trade and Business Expansion
- International Trade Administration (ITA) – Promotes U.S. exports and enforces trade laws.
- Bureau of Industry and Security (BIS) – Regulates the export of sensitive goods and technologies to protect national security.
Economic Data and Analysis
- Bureau of Economic Analysis (BEA) – Produces key economic statistics, including GDP and trade balances.
- Census Bureau – Conducts the U.S. Census and provides demographic and economic data.
Technology, Standards, and Innovation
- National Institute of Standards and Technology (NIST) – Develops standards and promotes innovation in science and technology.
- United States Patent and Trademark Office (USPTO) – Grants patents and registers trademarks to protect intellectual property.
Oceans, Climate, and Weather
- National Oceanic and Atmospheric Administration (NOAA) – Monitors weather, climate, and marine resources.
Each agency within the DOC plays a crucial role in fostering economic growth, supporting businesses, and ensuring the United States remains competitive in the global market.