Admin What does the Commerce Department do?
The Department of Commerce promotes job creation and economic growth by ensuring fair trade, providing the data necessary to support commerce and constitutional democracy, and fostering innovation by setting standards and conducting foundational research and development.
What is commerce data?
Commerce data is a set of purchase and intent data that gives insight into consumer behaviors and journeys. Commerce data can also include contextual data from publishers, such as URLs, contextual categories, and keywords.
When was the Department of Commerce founded?
February 14, 1903
United States Department of Commerce/Founded
The Department of Commerce was originally created as the US Department of Commerce and Labor on February 14, 1903. It was subsequently renamed the Department of Commerce on March 4, 1913, as the bureaus and agencies specializing in labor were transferred to the new Department of Labor.
How does the Department of Commerce affect me?
The U.S. Department of Commerce oversees the nation’s businesses to balance economic growth, create job opportunities, and improve America’s standard of living. Commerce bureaus also watch the climate and monitor consumer income, consumption, and employment levels. All of these factors directly affect the U.S. economy.
Who is the head of Commerce?
Gina Raimondo
| United States Secretary of Commerce | |
|---|---|
| Incumbent Gina Raimondo since March 3, 2021 | |
| United States Department of Commerce | |
| Style | Madam Secretary (informal) The Honorable (formal) |
| Member of | Cabinet |
How much of commerce is online?
Retail e-commerce in the United States In 2018, e-commerce accounted for 9.9 percent of total retail sales in the United States, up from 9.1 percent during the previous year. Online shopping is utilized among all age groups.
Who started the Department of Commerce?
President Theodore Roosevelt
On February 14, 1903, Congress approved legislation (S. 359) creating a Department of Commerce and Labor and President Theodore Roosevelt signed the bill (32 Statute 825) that same day. Two days later, Roosevelt nominated his personal secretary, George B. Cortelyou, to be the first Secretary.
What falls under the Department of Commerce?
The U.S. Department of Commerce oversees the nation’s businesses to balance economic growth, create job opportunities, and improve America’s standard of living.
What is the salary of the US Secretary of Commerce?
US$221,400
Secretary of Commerce is a Level I position in the Executive Schedule, thus earning a salary of US$221,400, as of January 2021.