United States Department of Commerce

United States Department of Commerce
Seal of the U.S. Department of Commerce
Flag of the U.S. Department of Commerce

The Herbert C. Hoover Building, the headquarters of the U.S. Department of Commerce
Agency overview
FormedFebruary 14, 1903 (1903-02-14)
Preceding agency
JurisdictionU.S. federal government
HeadquartersHerbert C. Hoover Building
1401 Constitution Avenue NW, Washington, D.C., U.S.
38°53′39″N 77°0′58″W / 38.89417°N 77.01611°W / 38.89417; -77.01611
Employees46,608 (2018)[1]
Annual budgetUS$9.67 billion (2018)
US$14.2 billion (est. 2010)
US$9.3 billion (est. 2011)
US$8.6 billion (2014)[2]
Agency executives
Websitewww.commerce.gov
Footnotes

The United States Department of Commerce (DOC) is an executive department of the U.S. federal government concerned with creating the conditions for economic growth and opportunity.

Among its tasks, are gathering economic and demographic data for business and government decision making, and helping to set industrial standards. Its main purpose is to create jobs, promote economic growth, encourage sustainable development and block harmful trade practices of other nations.[3]

It is headed by the secretary of commerce, who reports directly to the president of the United States, and is a member of the president's Cabinet. The Department of Commerce is headquartered in the Herbert C. Hoover Building in Washington, D.C.

  1. ^ "About the Department Of Commerce".
  2. ^ "Department Of Commerce – FY 2014 Budget" (PDF). tamuc.edu. Archived from the original (PDF) on August 8, 2013. Retrieved October 15, 2017.
  3. ^ Steve Charnovitz, "Reinventing the Commerce Dept"., Journal of Commerce, July 12, 1995.

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