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LSDefine
Simple English definitions for legal terms
STAT-USA
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A quick definition of STAT-USA:
STAT-USA: A group in the U.S. government that shares information about money and trade with people and businesses. They get this information from other parts of the government and share it through subscriptions and libraries. STAT-USA is part of the Department of Commerce.
A more thorough explanation:
STAT-USA is a unit within the U.S. Department of Commerce that provides economic and trade information to businesses and individuals through subscription services and federal depository libraries. It is part of the Department's Economics and Statistics Administration.
For example, if a business owner wants to know about the latest trade regulations or economic trends in a particular industry, they can subscribe to STAT-USA's services to access this information. Additionally, federal depository libraries across the country provide access to STAT-USA's resources for free.
Overall, STAT-USA plays an important role in helping businesses and individuals stay informed about the latest economic and trade developments, which can help them make better decisions and stay competitive in their respective fields.