Your Update from the White House Business Team
Wednesday, November 06, 2013
Last week, the President spoke
with business leaders from around the world to inform them of his economic
agenda and build support for his ideas in the months ahead. He delivered
remarks at the SelectUSA Summit where he laid out his economic priorities and
the importance of conceptualizing America as an attractive option for direct
investment. Additionally, the Administration is committed to protecting
companies by amping up cybersecurity infrastructure. This initiative is
evidenced by the President’s Cybersecurity Framework put forth at the beginning
of this year and the meeting he convened with CEOs last week to garner their
Below please find overviews of
these meetings as well as additional resources regarding the economy.
As always, please feel free to
contact us at firstname.lastname@example.org
with any questions, concerns or ideas you have for partnership between your
business and the White House.
The White House Business Team
Marisa, and Sam
President Obama speaks at the first ever
SelectUSA Investment Summit
"There’s no substitute for those three proud words: ‘Made
President Obama has been emphatic
that the United States remains the best place in the world to do business. At
the SelectUSA Investment Summit, hereiterated that messageto 1,000 business
leaders from nearly 60 countries.
"When you bet on America, that
bet pays off,” the president said as he closed his keynote address.
Your country is your product when
you’re attracting foreign direct investment. At the Summit, we showed the world
that the United States is the absolute best product on the market.
"America is open for business,”
said Commerce Secretary Penny Pritzker. "Our market has provided long-term
stability and unmatched returns for investors.”
Attendees began making
connections as soon as the doors opened. Representatives from 47 states,
three territories, and Washington, D.C., showed off investment opportunities
around the country.
Read the full blog post here.
President Barack Obama
delivers remarks at the SelectUSA Investment Summit in Washington, D.C., Oct.
31, 2013. (Official White House Photo by Chuck Kennedy)
President Obama Meets with Industry Leaders to
The President met with a group of
CEOs from the information technology, financial services, and energy sectors to
discuss our shared efforts to improve the cybersecurity of our nation's
critical infrastructure on Tuesday.
The conversation highlighted the importance
of the voluntary Cybersecurity Framework that is being created by the
Department of Commerce’s National Institute of Standards and Technology in
partnership with a range of public and private stakeholders. The framework is
part of Executive Order 13636 on Improving Critical Infrastructure
Cybersecurity, which was introduced in the President’s 2013 State of the Union
On Tuesday, the National
Institute of Standards and Technology(NIST) formally announced a 45-day
public comment period for the Preliminary Cybersecurity Framework.
To view the President’s executive
order establishing the Framework, or submit comment to NIST, visit this post from the White House blog.
Five Key Points in This Month's Report from
the Bureau of Labor Statistics
1.Private sector employment
has risen for 43 consecutive months, with businesses adding a total of 7.6
million jobs over that period.
2. Weekly employment indicators
not in today’s report suggest that the labor market situation deteriorated in
early October, coinciding with the shutdown and the threat of a possible
3. Local government educational
services employment rose by 9,500 in September and is up 56,400 over the last
three months – but remains well below pre-crisis levels.
4. The unemployment rate for
women ticked down to 6.7 percent in September, the lowest since December 2008
but still above pre-crisis rates.
economy has been adding jobs at a pace of more than 2 million per year.
Read the full blog post here.
Friday: President Obama heads to New Orleans
On Friday, November 8, the
President will travel to the New Orleans area for an event on the
economy. The President will discuss the importance of taking measures to
grow the economy and create jobs by increasing our exports.