Mark Doms was the

Under Secretary of Commerce for Economic Affairs The Office of the Under Secretary for Economic Affairs, or OUSEA, is a high-ranking official in the United States Department of Commerce that serves as the principal adviser to the United States Secretary of Commerce on economic analysis. The U ...

for the

Department of Commerce The United States Department of Commerce (DOC) is an United States federal executive departments, executive department of the Federal government of the United States, U.S. federal government. It is responsible for gathering data for business ...

from January 2013 until September 2015. He was nominated by President

Barack Obama Barack Hussein Obama II (born August 4, 1961) is an American politician who was the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, he was the first African American president in American history. O ...

on September 13, 2012 and was confirmed by the Senate on January 1, 2013 as one of the last acts of the 112th Congress. Prior to his confirmation, he was the

United States Department of Commerce The United States Department of Commerce (DOC) is an executive department of the U.S. federal government. It is responsible for gathering data for business and governmental decision making, establishing industrial standards, catalyzing econ ...

's Chief Economist. As the Under Secretary, Doms contributed to policies and discussions on a wide range of issues including trade, manufacturing, taxation, innovation, competitiveness, retirement security, immigration, and education. Doms also led the

Economics and Statistics Administration The Economics and Statistics Administration (ESA) was an agency within the United States Department of Commerce (DOC) that analyzed, disseminated, and reported on national economic and demographic data. It was dissolved in 2018. Its three primary ...

(ESA), which includes the

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and the

Bureau of Economic Analysis The Bureau of Economic Analysis (BEA) of the United States Department of Commerce is a U.S. government agency that provides official macroeconomic and industry statistics, most notably reports about the gross domestic product (GDP) of the United ...

(BEA). Both agencies collect and produce information on the United States' population and economy. Doms also served as the Secretary's appointed Board Representative to the Pension Benefit Guarantee Corporation. After serving as Under Secretary, Doms joined the Japan-based investment bank

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as a senior economist and managing director. He also was a senior fellow at the

Centre for International Governance Innovation The Centre for International Governance Innovation (CIGI, pronounced "see-jee") is an independent, non-partisan think tank on global governance. CIGI supports research, forms networks, advances policy debate and generates ideas for multilateral g ...

. Since April 2020, Doms has been the Chief Economist at the

Congressional Budget Office The Congressional Budget Office (CBO) is a List of United States federal agencies, federal agency within the United States Congress, legislative branch of the United States government that provides budget and economic information to Congress. I ...

Career and education

Doms holds a Ph.D. in economics from the

University of Wisconsin-Madison A university () is an institution of tertiary education and research which awards academic degrees in several academic disciplines. ''University'' is derived from the Latin phrase , which roughly means "community of teachers and scholars". Uni ...

and B.A. from the

University of Maryland Baltimore County The University of Maryland, Baltimore County (UMBC) is a public research university in Catonsville, Maryland named after Baltimore County. It had a fall 2022 enrollment of 13,991 students, 61 undergraduate majors, over 92 graduate programs ...

in mathematics and economics. In 2022, the

awarded Doms an honorary Doctorate of Public Service. In the early 1990s, he worked at the Center for Economic Studies at the Census Bureau. Following this, he worked at the Research and Statistics Division of the

Federal Reserve Board of Governors The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the mo ...

, where he was a researcher in the areas of innovation, productivity, wages, manufacturing, and price measurement. He then became a Senior Economist at the

Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco (informally referred to as the San Francisco Fed) is the Federal Reserve, federal bank for the twelfth district in the United States. The twelfth district is made up of nine western U.S. state, states— ...

. From 2009 until he was confirmed by the U.S. Senate as Under Secretary for Economic Affairs, Doms was the Chief Economist at the Department of Commerce. Doms also spent time at the Organization for Economic Co-operation and Development.

Research

While at the Federal Reserve Board of San Francisco, along with Norman Morin, he created indexes based on the number of articles that contain certain keywords and phrases in the title or first paragraph in the thirty largest newspapers across the US. For instance, the "recession index" is based on the number of articles that mention "recession" or "economic slowdown".

References

{{DEFAULTSORT:Doms, Mark American economists Year of birth missing (living people) Living people United States under secretaries of commerce Federal Reserve economists University of Maryland, Baltimore County alumni University of Wisconsin–Madison College of Letters and Science alumni