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2012 E-Stats report

The 2012 E-Stats report was released today. This report summarizes e-commerce statistics from the 2012 annual surveys including the Service Annual Survey (SAS), Annual Wholesale Trade Survey (AWTS), and the Annual Retail Trade Survey (ARTS). Also included is 2012 Economic Census data for Manufacturing. Here are the report and associated tables on the U.S. Census Bureau's website .

SBA Honors Outstanding Disaster Recovery Efforts

Phoenix Award were presented last week during a U.S. Small Business Administration (SBA) National Small Business Week event. Since 1998, the SBA has presented Phoenix Awards to business owners, public officials and volunteers who displayed selflessness, ingenuity and tenacity in the aftermath of a disaster, while contributing to the rebuilding of their communities. “These individuals demonstrated tremendous courage and resourcefulness in the midst of several devastating disasters,” said SBA Administrator Maria Contreras-Sweet. “The Phoenix Award acknowledges their heroic efforts, and is a symbol of appreciation for their contributions to the economic recovery of their communities.” Gianna P. Cerbone-Teoli, owner of Manducatis Rustica in Long Island City, NY, received the Phoenix Award for Outstanding Contributions to Disaster Recovery by a Volunteer. In the aftermath of Hurricane Sandy, the basement of Gianna Cerbone-Teoli’s Italian restaurant Manducatis Rustica was flooded, a

"An Insurance Company Is Suing 200 Illinois Towns For Not Being Better Prepared For Climate Change"

    U.S. insurer class action may signal wave     of climate-change suits     BY  MICA ROSENBERG     Fri May 16, 2014 4:17pm EDT Farmers Insurance filed nine class actions last month against nearly 200 communities in the Chicago area. It is arguing that local governments should have known rising global temperatures would lead to heavier rains and did not do enough to fortify their sewers and stormwater drains. The legal debate may center on whether an uptick in  natural disasters  is foreseeable or an "act of God." The cases raise the question of how city governments should manage their budgets before costly emergencies occur.       "We will see more and more cases," said Michael Gerrard, director of the Center for Climate Change Law at Columbia Law School in New York. "No one is expected to plan for the 500-year storm, but if horrible events are happening with increasing frequency, that may shift the duties." Gerrard and other env

How can I check the credentials of a potential foreign business partner?

The Department of Commerce Commercial Service provides a service, the International Company Profile Report, to help companies exporting U.S. goods and services evaluate potential foreign partners. You can contact the Commercial Service at the nearest U.S. Export Assistance Center (USEAC). To locate the closest USEAC, please visit the Commercial Service website or call (800) 872-8723. See also How to Check if Foreign Companies Are Legitimate from eHow.

Free SBDC business advising spices up entrepreneur’s momentum

For spice trader Ron Harris, owner of Valley Harvest Products, circumstances changed when he started meeting with Asbury Lockett, a certified business advisor with the Washington Small Business Development Center (SBDC). He hadn’t been resting, but he hadn’t been moving ahead. So many daily tasks demanded his attention that he couldn’t make progress on long-term goals. For the past year, Harris and Lockett have been meeting about every six weeks to go over financial statements, business strategy, marketing, new markets, priority lists, self-imposed deadlines and anything else that might help Harris grow and strengthen his business. “You eat an elephant one bite at a time,” he said. “Asbury helps me do that.” More from the ASBDC website .

How To Apply for a Disaster Loan

Did you know that in the wake of a disaster, SBA provides low-interest disaster loans to homeowners, renters, businesses of all sizes and private, nonprofit organizations? SBA's latest video offers information about the steps to take to apply for assistance from SBA: After a presidential disaster declaration, first register with FEMA . In most cases, you'll be referred to SBA for possible loan assistance. Then you should apply online , which is the fastest way to receive a decision about your loan eligibility. Your loan processing is next. SBA will conduct a credit check and an onsite inspection to determine your losses. A loan officer will work with you to approve or decline a loan. Within five days of signing SBA’s loan closing documents, your first disbursement is made. A case manager will work with you to meet all your loan conditions and schedule the rest of your disbursements until you receive the full loan amount. SBA is here to help! Learn more about SBA's

Economics of apologies

From BoingBoing : Ben Ho is a behavioral economist who studies apologies. He presents an economic theory of apologies that predicts when apologies will change the outcome of disputes, and proposes policies to increase the frequency and sincerity of apologies. The best evidence for economics-driven apology policies are the laws that make doctors' apologies inadmissible in court; Ho cites research that claims that this leads to more physicians' apologies, which reduces patient grief and anger, and cuts down on malpractice suits.