A bureau within the U.S. Department of Commerce
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Between FY 2012 and 2016, EDA has invested nearly $1.4 billion in 3,244 projects. $29 billion in private investment generated. 226,000 jobs created/retained. Planning, research, technical assistance, access to capital, and/or other activities supported. Find out more on EDA’s performance and evaluation page [Learn More]

EDA plays a critical role in disaster recovery [Learn More]
Photo courtesy of US Army 1st Lt. Zachary West

EDA has made three investments, totaling nearly $5.3 million, to make significant infrastructure improvements needed to support the development of America’s Central Port in Granite City, Illinois. [Read More]

Check out EDA's new informational video [Learn More]

What is Economic Development?

Economic Development creates the conditions for economic growth and improved quality of life by expanding the capacity of individuals, firms, and communities to maximize the use of their talents and skills to support innovation, lower transaction costs, and responsibly produce and trade valuable goods and services.

Economic Development requires effective, collaborative institutions focused on advancing mutual gain for the public and the private sector. Economic Development is essential to ensuring our economic future.

Read EDA’s Value Proposition Statement.