Under Secretary of Commerce for Economic Affairs
Under Secretary of Commerce
for Economic Affairs
|Formation||June 16, 1982|
The Under Secretary of Commerce for Economic Affairs, or USC-EA, is a high-ranking official in the United States Department of Commerce that serves as the principal adviser to the United States Secretary of Commerce on economic analysis. The Under Secretary is ex officio the Administrator of the Economics and Statistics Administration.
The Under Secretary is appointed by the President of the United States with the consent of the United States Senate to serve at the pleasure of the President. Mark Doms is the current Under Secretary of Commerce for Economic Affairs. He was nominated by President Barack Obama on September 13, 2012. He was confirmed by the Senate on January 1, 2013 as one of the last acts of the 112th Congress. Prior to his confirmation, he was the United States Department of Commerce's Chief Economist. He served in that position from August 2009 through December 2012.
The Under Secretary of Commerce for Economic Affairs oversees the Economics and Statistics Administration as that body's Administrator. As the principal element of the Commerce Department for economic affairs, the Under Secretary provides timely economic analysis and disseminates national economic indicators. The Under Secretary serves as the Department's representative to the President's Council of Economic Advisers, interagency panels on economic issues, and other government agencies concerned with economic matters. The Under Secretary's principal responsibilities include: economic forecasting, consultation with the private sector on economic and broad economic sectoral developments, and policy analysis and development in the areas of economic policy.
The Under Secretary oversees the United States Census Bureau and the Bureau of Economic Analysis. These two statistical agencies gather, calculate, and disseminate much demographic, social and economic data including reports on the nation's gross domestic product, retail sales, personal income, housing starts, inventory levels and international trade.
With the rank of Under Secretary, the USC(EA) is a Level III position within the Executive Schedule. Since January 2010, the annual rate of pay for Level III is $165,300.
Officials reporting to the USC(EA) include:
- Deputy Under Secretary of Commerce for Economic Affairs
- Chief Economist
- Associate Under Secretary of Commerce for Management
- Associate Under Secretary of Commerce for Communications
- "Under Secretary - Economics and Statistics Administration". Retrieved September 22, 2007.
- "US CODE: Title 15,1503a. Under Secretary of Commerce for Economic Affairs". Retrieved September 22, 2007.
- "Executive Order on Succession at the Department of Commerce". Retrieved September 22, 2007.