Contact: Public Information Office
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Commerce Secretary Norman Y. Mineta, Under Secretary for Economic Affairs Robert J. Shapiro, Census Bureau Director Kenneth Prewitt and Bureau of Economic Analysis Director J. Steven Landefeld will participate in the morning bell-ringing ceremony at the New York Stock Exchange on Thursday, Jan. 4, at 9:30 a.m. EST. U.S. Rep. Dan Miller, R-Fla., chairman of the House subcommittee on the census and ranking minority member Carolyn Maloney, D-N.Y., also will attend.
The event will highlight the roles played by the Department of Commerce, the Bureau of Economic Analysis and the Census Bureau in producing timely and accurate data about the nation's economy. The Bureau of Economic Analysis generates the National Income and Product Accounts, which includes the quarterly Gross Domestic Product (GDP) report. The Census Bureau's economic programs include current measures of economic activity and a comprehensive economic census every five years. They also provide more than 75 percent of the key source data used in calculating the GDP.
Video footage of the bell-ringing ceremony will be made available to television networks and local affiliates via fiber line and satellite from 2:30 p.m. to 2:45 p.m. EST (Fiber line: Waterfront #1630; Satellite: Telstar 6, Transponder 4, C-Band). Photographs of the event will be available through the Associated Press.