The U.S. Department of Commerce will receive $7.9 billion to create and save jobs for American workers as part of the historic economic stimulus bill recently signed by President Barack Obama. "The American Recovery and Reinvestment Act is the most sweeping economic recovery package in our history," said President Obama, noting it will create or save 3.3 million jobs over the next two years. "We have begun the essential work of keeping the American Dream alive in our time."
ARRA investments in Commerce agencies, which will be allocated in an open, transparent and timely manner, include funding for business development, innovative research, construction projects, expanding broadband services and other programs that will create jobs in a broad range of occupations and industries.
The Department of Commerce is implementing the Recovery Act through programs within a number of its bureau agencies. Visit these agencies' own Recovery pages for more about their specific efforts: