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EDA Invests $15 Million in 19 States to Move Ideas to Market, Promote U.S. Innovation [Read More]

Obama Administration Announces Nearly $28 million In Additional Investments to Strengthen the Economy in Nation’s Coal-Impacted Communities. [Read More]

U.S. Department of Commerce Invests $4.1 Million In Detroit To Help Create Jobs And Reindustrialize City. [Read More]

Clemson University President James P. Clements, Ph.D. reflects on his time with NACIE. [Read More]

At the Cusp of U.S.-Led Regional Innovation: Investing in Manufacturing Communities Partnership. [Read More]

Americas Competitiveness Exchange (ACE) Canada 2016. [Read More]

Vice President Biden and EDA Assistant Secretary Jay Williams visit Youngstown, Ohio. [Read More]

Louisiana Farmers and Ranchers Have Options for Assistance. [Read More]

U.S. Department of Commerce Invests $1.7 Million in Maine to Boost Economic Competitiveness. [Read More]

U.S. Department of Commerce Invests Nearly $5 Million in Alabama to Support Manufacturing. [Read More]

Deputy Assistant Secretary Erskine Announces EDA Investment, Interagency Team to Strengthen Maine’s Economy. [Read More]

Assistant Secretary Jay Williams and Commerce Secretary Penny Pritzker tour Engineered Floors in Dalton, GA. (Commerce Blog) [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.

Read EDA’s Value Proposition Statement.

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News/Events

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January 18, 2017

U.S. Deputy Assistant Secretary of Commerce for Economic Development Matt Erskine today unveiled the federal Economic Development Assessment Team (EDAT) report for Maine’s forest economy. The report outlines eight major strategies developed as a result of the process and highlights Federal resources that are being made available to support each of these recommendations, including a new U.S. Economic Development Administration (EDA) grant to help industry leaders create a vision and roadmap for Maine's forest products sector. (PDF)