A bureau within the U.S. Department of Commerce
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Senior Administration Officials and Kentucky Governor Steve Beshear Announce the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative [Read More]

Assistant Secretary Williams meets with representatives for the Kentucky teams that will participate in the first Coal-reliant Communities Innovation Challenge Workshop! [Learn More]

Huntington, W. Va. Mayor Steve Williams hosted Assistant Secretary Williams and local business and economic development leaders for a roundtable discussion on creating economic opportunity. [Read More]

Assistant Secretary Williams with 2015 Charlotte, North Carolina Advance Manufacturing Award winners [Read More]

U.S. Commerce Secretary Pritzker Announces Competition for Next Round of Investing in Manufacturing Communities Partnership Designations [Read More]

What is Economic Development?

Economic Development creates the conditions for economic growth and improved quality of life by expanding the capacity of individuals, firms, and communities to maximize the use of their talents and skills to support innovation, lower transaction costs, and responsibly produce and trade valuable goods and services.

Economic Development requires effective, collaborative institutions focused on advancing mutual gain for the public and the private sector. Economic Development is essential to ensuring our economic future.