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Articles by Curtis Dubay
The Olympic Torch Relay Sparks Economic Opportunity Across America
Every four years, the Olympic Games captivate the world with billions of spectators tuning in to watch athletes represent their nations and inspire a global audience. For the American business community, the upcoming 2028 Summer Olympic games present as an especially exciting opportunity as Los Angeles prepares to welcome the world for the first time since 1984.
Businesses Should Expect Interest Rates to Remain Steady
Chief Economist, U.S Chamber of Commerce At the beginning of the year, there was widespread belief that the Federal Reserve would cut interest rates in 2026, with the market generally pricing in one to two rate cuts. To date, the Fed has not lowered rates, and rate cuts are off the table for the Fed’s next meeting in mid-June, or even the next few meetings after that. Businesses should assume the Fed will not cut rates until late in 2026, if it cuts them at all this year.
What to Expect from the Economy in 2026
Chief Economist, U.S Chamber of Commerce January 06, 2026 A strong economy means more opportunities for growth in communities across the country. It means higher paychecks and more chances for Americans to reach their American dream. The U.S. Chamber has a bold plan for achieving a sustained level of at least 3% real economic growth to help our nation and American families prosper.
The Fed’s Independence Goes Back to the Founding
Executive Vice President, Chief Policy Officer, and Head of Strategic Advocacy, U.S. Chamber of Commerce Chief Economist, U.S Chamber of Commerce The business community has long viewed the independence of the Federal Reserve (the Fed) as essential for a strong economy and financial stability. The independence of the Fed has a long tradition, that has served the country well for 250 years.
Record number of businesses expect to pay more, charge more
Every two weeks, the U.S. Census Bureau surveys approximately 200,000 business for their views on the economy. The survey includes questions regarding both expectations on the prices they expect to charge their customers and the prices they expect to pay.
Washington D.C. Businesses Bring Fun, Entertainment Throughout Cherry Blossom Season in the Nation’s Capital
Communications and Strategy Intern, U.S. Chamber of Commerce Every spring season, thousands of visitors flock to Washington, D.C. to catch a glimpse of the world-famous Japanese Cherry Blossom trees that line the city’s streets and monuments. It’s one of the busiest times of the year for the nation’s capital, and it cannot happen with local businesses.
Advancing an Engaged, Agile, and Resilient Workforce at Talent Forward
“A job is much more than a paycheck. It's the very foundation of our self-worth. It's where we learn, it's where we grow, it's where we find purpose,” Elizabeth O’Brien, Senior Vice President for the U.S. Chamber Foundation’s Hiring Our Heroes, told the audience at Talent Forward.
U.S. Chamber Letter Supporting H.R. 1968, the Full-Year Continuing Appropriations and Extensions Act, 2025
To the Members of the U.S. House of Representatives: The U.S. Chamber of Commerce supports H.R. 1968, the Full-Year Continuing Appropriations and Extensions Act, 2025, and we urge its swift passage. The Chamber has a long history of opposing government shutdowns as they negatively impact the economy by disrupting many vital services and programs that employers and individuals rely upon.
Letter Applauding Introduction of the Child Care Affordability and Accessibility Act of 2025
Download Dear Senators Britt and Kaine and Representatives Carbajal and Lawler, The U.S. Chamber of Commerce applauds your introduction of the Child Care Affordability and Accessibility Act of 2025. This bipartisan bicameral legislation expands current childcare programs that make childcare more affordable and accessible to American workers. Childcare is an essential work support system for both families and employers.
Business Leaders Talk Childcare with Capitol Hill
The U.S. Chamber of Commerce organized a fly-in event in late February for business representatives and state and local chamber leaders from across the country to meet with key lawmakers on the childcare needs of American workers. Why it matters: Businesses and policymakers are paying close attention to the accessibility and affordability of childcare because a robust childcare system is needed to support a strong workforce and thriving economy.
Homesteading 2.0: A Proposal to Make Housing Affordable Again
On March 20, the AEI Housing Center and U.S. Chamber of Commerce cohosted “Homesteading 2.0: A Proposal to Make Housing Affordable Again.” The event featured robust discussions among the Housing Center’s scholars, economists from the U.S. Chamber of Commerce, and representatives from the Burkentine Real Estate Group and Charter Cities Institute.
U.S. Chamber Highlights Super Bowl LIX's Powerful Economic Impact Nationally and Locally
February 07, 2025 WASHINGTON, D.C. – As fans gear up for the most anticipated sporting event of the year, the U.S. Chamber of Commerce today released new data underscoring the economic impact generated by Super Bowl LIX across the country. The Chamber’s analysis, as a part of the Brought to You by American Business campaign, calculated the anticipated economic benefit from the Super Bowl for U.S. metro areas. New Orleans is hosting its 11th Super Bowl this weekend.
Super Bowl LIX: How American Business Scores the Biggest Night in Sports
Associate Manager, Tax and Economic Policy, U.S. Chamber of Commerce Director, Policy & Political Communications, U.S. Chamber of Commerce February 06, 2025 Super Bowl LIX isn’t just a football game—it’s the American economic sports event of the year, an accelerator of businesses of all sizes, and a cultural moment that brings Americans together in record-breaking numbers.
The Economic Benefit of Distribution Centers Is Still Immense
In 2022, the U.S. Chamber of Commerce analyzed the community economic impact of building new distribution centers (DCs) in 30 metropolitan areas (MSAs) around the country. DCs are an important and growing part of the economy as retail moves more and more online. In the original study, the Chamber found that a new 3,000 worker DC would create, on average, 2,111 extra jobs in MSAs, expand the labor force by 3,500, and increase salaries and wages $360 million, which was 1.8% per year.
Key Trends for the 2025 US Economic Outlook Podcast
As we navigate 2025, the U.S. economic landscape is shaped by shifting policies, labor market dynamics and the evolving regulatory environment. In this episode of Weaver: Beyond the Numbers, Weaver’s Brandon Cooperman and U.S. Chamber of Commerce Chief Economist Curtis Dubay, highlight key trends to watch for this year, from inflation to workplace productivity and beyond. Key Points: The U.S. labor market tightness persists, with job openings exceeding available workers.
Businesses Call on Policymakers to Boost Growth, Ease Regulations
Senior Editorial Director, U.S. Chamber of Commerce January 17, 2025 This year's State of American Business program emphasized the extraordinary power of local business and policy. Business leaders like Glenn Hamer, president and CEO of the Texas Association of Business, are working to make sure this message is heard loudly at the local and national levels.
Innovation Drives Sheet Metal Company's Success
Economic growth is local, driven by businesses of all sizes working together to create opportunity and strengthen communities. As part of the U.S. Chamber’s State of American Business 2025, President and CEO Suzanne P. Clark visited All Metals Fabricating, a manufacturer in the Dallas-Fort Worth area, to spotlight the critical role of small businesses in the U.S. economy.
Why Business Is Thriving in North Texas
Senior Editorial Director, U.S. Chamber of Commerce January 17, 2025 Business is flourishing in the Dallas-Fort Worth Metroplex. No one may know that better than Dan Hunt, president and co-owner of FC Dallas, who has been helping grow soccer and other sports in the region. During the State of American Business 2025 program, Hunt spoke with U.S. Chamber of Commerce President and CEO Suzanne P. Clark about the pro-growth business environment in North Texas.
Chamber CEOs Share Key Drivers of North Texas Economic Growth
Senior Director, Digital and Editorial Communications January 17, 2025 During the 2025 State of American Business program, Stephen Waguespack, President of the Institute for Legal Reform and Senior Vice President at the U.S. Chamber, sat down with three North Texas Chamber of Commerce CEOs to discuss the key drivers of economic growth in North Texas. Their conversation showcased the unique strengths of their regions and the challenges they face.
The State of American Business Data Center 2025
The 12 economic indicators in our annual State of American Business Data Center help measure the health of business and the economy. At the start of 2025, many indicators are stable or showing positive growth, as you will see in the data visualizations below. The economy is poised to grow even stronger this year than it did in 2023 and 2024, leading to more opportunities for workers and businesses. But Americans experience economic growth where they live, work, learn, and shop—at the local level.
How Excessive Regulation Hurts the Economy
The U.S. Chamber of Commerce’s Growth and Opportunity Imperative establishes a goal of achieving at least 3% sustained annual economic growth. This level of growth is essential to expanding opportunities for American workers, raising wages, and improving standards of living. Key to achieving sustained 3%+ economic growth is growth-oriented public policy, including regulatory policy. Regulations, when properly constructed, help implement the laws passed by Congress to improve our quality of life.
U.S. Chamber President and CEO Suzanne Clark: 'The State of American Business is Local; All Policy is Local'
January 16, 2025 Dallas, TX — Today, U.S. Chamber of Commerce President and CEO Suzanne P. Clark released the annual State of American Business address, calling on policymakers to prioritize growth and opportunity for all Americans in communities across the U.S. For the first time ever, the event was held outside of Washington, and broadcast from one of the most vibrant and quickly growing economic regions in America—the Dallas-Fort Worth Metroplex.
State of American Business 2025: All Business Is Local
Senior Writer and Editor, Strategic Communications, U.S. Chamber of Commerce January 16, 2025 In this year’s State of American Business keynote address, U.S. Chamber of Commerce President and CEO Suzanne P. Clark said the foundation of America’s enviable economic growth is the thriving businesses in your own town, city, and neighborhood. “The State of American Business is local because businesses serve people where they are,” Clark said.
The Job Market Is Still Historically Tight
The December 2024 jobs report, the last before President-elect Trump takes office, reveals a labor market that is much tighter than it was eight years ago before President Trump first took office, but depending on the data point, not quite as tight as it was just before the pandemic. There has been a growing narrative that the jobs market is weakening and workers are finding it harder to get jobs.
State of American Business 2025: Coming Soon
January 08, 2025 U.S. Chamber of Commerce President and CEO Suzanne P. Clark will deliver the State of American Business 2025 message on January 16 from one of the most vibrant economic regions in America to illustrate what the business community needs from policymakers at the local, state, and federal levels to succeed.
2025 Economic Preview: A Year of Productivity-Driven Growth
Written by Curtis Dubay, Chief Economist, U.S. Chamber of Commerce. Barring an unforeseeable event, the economy should grow even better in 2025 than it did in 2023 and 2024, which means a growth rate above 3% with the gains being broadly enjoyed. This will contribute to more opportunities for workers and businesses to reach their American Dream. As 2024 winds down, the economy is growing strongly.
Chamber Files Amicus Brief for Cunningham v. Cornell Case
Vice President, Retirement Policy, U.S. Chamber of Commerce January 07, 2025 The Supreme Court will hear the case Cunningham v. Cornell Universityto decide whether a plaintiff must plead more than the mere occurrence of a prohibited transaction under Employee Retirement Income Security Act to move beyond a motion to dismiss.
Economic Outlook: Productivity to Drive U.S. Growth in 2025
Chief Economist, U.S Chamber of Commerce December 19, 2024 Barring an unforeseeable event, the economy should grow even better in 2025 than it did in 2023 and 2024, which means a growth rate above 3% with the gains being broadly enjoyed. This will contribute to more opportunities for workers and businesses to reach their American Dream. As 2024 winds down, the economy is growing strongly.
How Higher Corporate Taxes Would Affect Your Local Economy
Senior Vice President, Tax Policy Chief Economist, U.S Chamber of Commerce September 19, 2024 A competitive corporate tax rate is crucial for fostering economic growth and attracting investment. When businesses face lower tax burdens, they have more capital to invest in operations, innovation, and expansion, leading to job creation and increased productivity. Higher tax rates have the opposite effect on business growth and innovation.
U.S. Chamber Launches Growth and Opportunity Imperative: A Policy Agenda for 3%+ Annual Economic Growth
WASHINGTON, D.C. – To reinvigorate America’s economic dynamism and improve the lives of all Americans, the Chamber today launched the Growth and Opportunity Imperative, calling on candidates and elected officials to support policies that would achieve at least 3% annual real economic growth over the next decade—a 50% increase over current projections. This target should serve as a litmus test for evaluating policy solutions to our nation’s most pressing challenges.
Summer Fun: Brought to You by American Business
Associate Manager, Tax and Economic Policy, U.S. Chamber of Commerce Senior Manager, Communications and Strategy, U.S. Chamber of Commerce As summer arrives, Americans kick back and enjoy time with friends and family. At the same time, businesses and the people who power them, large and small, across the United States prepare for an economic season that promises more than warm weather and relaxation.
RSM US Middle Market Business Index Strengthens, Reflecting Stable Business Conditions
WASHINGTON, D.C. – The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (“RSM”) in partnership with the U.S. Chamber of Commerce, rose to 132.0 in the second quarter from 130.7 in the prior period on a seasonally adjusted basis. The MMBI survey results reflect a sustained business expansion characterized by historically low unemployment, strong household consumption and robust business revenues.
Chamber Comments on DOL's Retirement Savings Lost and Found
Vice President, Retirement Policy, U.S. Chamber of Commerce June 18, 2024 Mr. James Butikofer U.S. Department of Labor Employee Benefits Security Administration Office of Research and Analysis Dear Mr. Butikofer: On April 16, 2024, the Department of Labor (DOL) published an information collection request (ICR) in which it seeks to collect information on a voluntary basis to establish the Retirement Savings Lost and Found searchable database as provided for in Section 303 of the SECURE 2.0 Act...
How a small business prepares for summer adventure
Intern, Communications, U.S. Chamber of Commerce Summer is here, which means it’s time to get outside and play. As Americans set off hiking, kayaking, and camping, this small business has everything locals need for a safe and fun summer exploring the outdoors. Since 2014, River Rock Outfitter in Fredericksburg, Virginia, has been supplying the local community with apparel, gear, and guided outdoor experiences.
Economy Is Healthy, But Inflation Is Overshadowing Growth
Chief Economist, U.S Chamber of Commerce This article originally appeared on the Forest Resources Association website as a guest piece. Despite high interest rates and stubborn inflation, the economy is growing remarkably well. All the major indicators we use to gauge its health—and how families and businesses are faring—are strongly positive: Wages are growing close to 4% on an annual basis, which is above the rate of inflation. The unemployment rate is low, at 3.9%.
Chamber Responds to Senator Sanders' Defined Benefit Plan
Vice President, Retirement Policy, U.S. Chamber of Commerce May 28, 2024 The Honorable Bernie Sanders, Chair Committee on Health, Education, Labor and Pension 428 Senate Dirksen Office Building Washington, DC 20510 RE: Request for Information on Retirement Security for All and Defined Benefit Plan Improvements Dear Chair Sanders: Thank you for the opportunity to provide feedback on the Majority Staff Report dated February 28, 2024 and your subsequent request for information (RFI) regarding...
U.S. Chamber Responds to SECURE 2.0 Section 319 RFI
Vice President, Retirement Policy, U.S. Chamber of Commerce VIA Electronic Delivery May 22, 2024 Office of Regulations and Interpretations Employee Benefits Security Administration U.S. Department of Labor Room N-5655 U.S. Department of Labor 200 Constitution Avenue, NW Washington, DC 20210 RE: Request for Information: SECURE 2.0 Section 319 - Effectiveness of Reporting and Disclosure Requirements To Whom It May Concern: This is the U.S. Chamber of Commerce's response to the Department of the...
Chamber Comments on Automatic Portability Regulation
Vice President, Retirement Policy, U.S. Chamber of Commerce March 27, 2024 Office of Regulations and Interpretations Employee Benefits Security Administration U.S. Department of Labor Room N-5655 200 Constitution Avenue, NW Washington, DC 20210 Re: Proposed Rule; Employee Benefits Security Administration; Automatic Portability Regulation RIN 1210-AC21 To Whom It May Concern: This is the U.S. Chamber of Commerce's (Chamber) response to the Department of Labor's (DOL) proposed regulation on the...
U.S. Chamber Letter on the Consolidated Appropriations Act for Fiscal Year 2024
Download To the Members of the United States Congress: The U.S. Chamber of Commerce urges you to approve the Consolidated Appropriations Act for Fiscal Year 2024. We applaud the bicameral, bipartisan work of the Appropriations Committees to avert a partial federal government shutdown. In particular, we appreciate their thoughtful leadership for retaining certain important “legacy riders” in the legislation and excluding policy directives that could have derailed agreement.
Is FTC core mission still to protect consumers AND competition?
American companies are already facing historic challenges with inflation, strained supply chains and worker shortages, and the FTC's actions are only accelerating uncertainty and threatening our economy. Under Chairwoman Lina Khan, the FTC has radically departed from its core mission to protect consumers and competition.
How the 20% Pass-Through Deduction Impacts Businesses, Local Economies
Senior Vice President, Tax Policy Chief Economist, U.S Chamber of Commerce Strategic Advocacy Manager, U.S. Chamber of Commerce February 14, 2024 In 2017, Congress passed a permanent reduction to the corporate income tax rate from 35% to 21% as part of the Tax Cuts and Jobs Act.
This Chocolate Shop Brings Valentine’s Day to Life in D.C.
Intern, Communications February 13, 2024 For 40 years, Chocolate Chocolate in Washington, D.C., has been serving the local community with a variety of European and Artisanal chocolate collections. And Valentine’s Day is no exception. In 1984, the Park sisters, Ginger and Frances, along with their mother, Heisook, opened Chocolate Chocolate in downtown D.C. following the loss of their father, Sei-Young Park, in 1979.
U.S. Chamber: Valentine’s Day is Brought to You by American Business
February 13, 2024 Washington, D.C. – The U.S. Chamber of Commerce today unveiled new data shedding light on the economic impact of Valentine’s Day nationwide, underscoring the pivotal role of businesses in creating memorable experiences for Americans. According to the National Retail Federation (NRF), consumers plan to spend $25.8 billion this Valentine’s Day.
Valentine's Day spending boosts business, economy
Fill me in: From family-run flower farms in Washington state to small business chocolate makers in Arkansas, American businesses bring to life this special day for families, couples, and galantines across the country. Economic impact: Valentine’s Day is much more than cards and sweets — it is a time for Americans to show the special people in their lives how much they mean to them, and it is brought to consumers by American businesses.
Valentine's Day: How much will consumers spend in your area?
Chief Economist, U.S Chamber of Commerce February 13, 2024 Valentine's Day is Brought to You by American Business. According to a survey conducted by the National Retail Federation, Americans will spend $25.8 billion on Valentine's Day this year on things such as candy, flowers, greeting cards, dining out, and other purchases. The U.S. Chamber of Commerce used this figure to determine spending by residents in 386 metropolitan statistical areas according to their populations.
U.S. Chamber of Commerce Launches New Initiative: “Brought to You by American Business” and Highlights Super Bowl's Powerful Economic Impact Nationally and Locally
February 06, 2024 Washington, D.C. – As the nation gears up for the most anticipated sporting event of the year, the U.S. Chamber of Commerce today released new data underscoring the economic impact generated by Super Bowl LVIII across the country. This is a part of a new initiative launched by the Chamber — “Brought to You by American Business”— that showcases how businesses of all sizes are behind America’s favorite cultural and sports events and highlights the jobs and growth created.
Ready for Football? Here's How Businesses Make It Happen
Chief Economist, U.S Chamber of Commerce February 06, 2024 On Sunday, February 11, the biggest sporting event of the year will kick off in Las Vegas as the Kansas City Chiefs and San Francisco 49ers seek their place in the history books for their fourth and sixth Super Bowl titles, respectively. The Super Bowl and the lifelong memories it creates for millions of fans is powered by American business, which provides the goods, services, and hospitality to pull it off.
Super Bowl by the numbers: Brought to You by American Business
Senior Manager, Communications and Strategy, U.S. Chamber of Commerce February 06, 2024 From kickoff to the final whistle, it's all thanks to American businesses. Explore the incredible impact of businesses on the Super Bowl stage – delivering not just a game but an experience. Fill me in: When the big game kicks off on February 11 in Las Vegas, countless businesses across the U.S. will be in high gear, delivering memorable fan experiences for millions of Americans all across the country.
Coalition Letter on Regulatory Flexibility Act Reform
Re: Small Business Input in Federal Rulemaking Dear Chairmen Williams and Jordan and Ranking Members Velazquez and Nadler: On behalf of millions of small businesses across the country, we urge legislative action to strengthen the meaningful input of small businesses in federal regulatory processes and ensure the intent of the Regulatory Flexibility Act is fulfilled.
Chamber Comments on SECURE 2.0 Student Loan and Emergency Savings Guidance
January 29, 2023 Helen Morrison Benefits Tax Counsel U.S. Department of Treasury Rachel Leiser Levy Associate Chief Counsel Internal Revenue Service Ali Khawar Principal Deputy Assistant Secretary Employee Benefit Security Administration RE: SECURE 2.0 Student Loan and Emergency Savings Guidance Dear Helen, Rachel, and Ali: This letter is a follow-up to the White House Listening Session on Leveraging the Workplace to Improve Financial Resilience: Emergency Savings & Student Loan Matches.
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