United States Department of Commerce

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The United States Department of Commerce (DOC) is a Cabinet Department of the United States government with a sizable mandate to boost economic growth and jobs opportunities for the American people. The US Department of Commerce was established to inspire American businesses to be innovative on the domestic front and competitive on the international front.[1]

The products and services the Commerce Department provides directly or indirectly touch the lives of all Americans and American companies in one way or another. It comprises of 12 different agencies that look after everything from weather forecast trademark, to patent protection for businesses and inventors, to the decennial census, and so on.[2]

The main goal of the DOC, set at its inception in 1903, was the development of commerce to provide new opportunities to Americans as well as American businesses. This remains the main goal of the department today.[2]

Mission

The main mission of the US Department of Commerce is to ensure advanced economic growth and provide jobs and opportunities to American people. It also has some major responsibilities in areas such as entrepreneurship, economic development, environmental stewardship, trade and statistical research and analysis.[2]

The importance of DOC

The US Department of Commerce is assigned with the responsibility of supporting America’s economic growth and stability both at domestic as well as at international levels. This becomes more critical in times of domestic recession or global financial turmoil. The programs of the DOC are initiated with the motive of promoting trade, conducting research, developing technologies, and measuring featuring the financial success of the US economy on a regular basis.

The research conducted by the DOC estimates the seats a state will get in the US House of Representatives. The DOC guides the government as well as industry experts in keeping track of the overall health of the economy and also helps them in framing economic policies. [3]

References

  1. commerce.gov
  2. 2.0 2.1 2.2 commerce.govabout Department of Commerce
  3. whorunsgov.com