News for Economic
Thursday, July 17, 2025
President Trump’s One Big Beautiful Bill Act (OBBB) was signed into law. This sweeping legislation includes major tax reform provisions that will have far-reaching implications for small businesses in the years to come.
One of the biggest impacts of the OBBB is that it will make several key provisions from the 2017 Tax Cuts and Jobs Act (TCJA) permanent. These policies, which offered extensive ...read more
Categories: Business, Economic
Thursday, July 10, 2025
North Carolina has reclaimed its position as the No. 1 State for Business - a title it has now held three out of the past four years. The NC Chamber attributes this achievement to its ongoing efforts to promote pro-growth policies that support both new and existing businesses. North Carolina scored top-five finishes in three of CNBC’s ten ranking categories, especially standing out in economic ...read more
Categories: Business, Economic
Thursday, July 03, 2025
The North Carolina Task Force on Child Care and Early Education has released its interim report that outlines the growing gap between childcare supply and demand in the state. Childcare breakdowns cost North Carolina billions of dollars in lost economic activity each year.
According to the task force’s report, licensed programs for infants and toddlers only have capacity to serve 18.7% of ...read more
Categories: Business, Economic
Wednesday, July 02, 2025
How can middle market businesses respond during a time of economic uncertainty? Join RSM US Chief Economist Joe Brusuelas and U.S. Chamber of Commerce Executive Vice President Neil Bradley as they discuss the latest economic trends affecting middle market businesses.
Get key business considerations on what companies should anticipate in the coming months.
The virtual event will be held on July 9 ...read more
Categories: Business, Economic
Wednesday, June 18, 2025
With the recent announcement of JetZero’s plans to build a new generation of airplanes in Greensboro, North Carolina adds to a string of manufacturing jobs and capital investment announcements.
This marks a reversal of the trend of the last thirty years as manufacturing jobs have fallen by 42 percent from 1990 to 2023.i While total state employment grew by 1.75 million during that period, the ...read more
Categories: Economic, Business, General News Article
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Wednesday, June 11, 2025
More than a local initiative, Chamber foundations have become a national best practice—empowering chambers across the country to tackle big-picture challenges like workforce readiness, small business resilience, and inclusive economic growth. By establishing our Foundation 14 years ago, we positioned ourselves ahead of the curve, recognizing early on that a 501(c)(3) arm would allow us to access ...read more
Categories: Business, Community, Economic, Chamber, Press Release
Wednesday, May 28, 2025
69% TOWARD GOAL WITH STRONG COMMUNITY BACKING
Bold Initiative Will Unite Public and Private Sectors toAttract Talent, Create Jobs, and Expand Opportunities Across the Region
SMITHFIELD, NC – The Triangle East Chamber of Commerce announced that its Triangle East Prospers campaign has officially surpassed the $900,000 mark—representing 69% of the $1.3 million goal to fund a five-year, ...read more
Categories: Business, Chamber, Economic, Press Release
Wednesday, May 21, 2025
Of the 242,515 total importers in the U.S., 97%—or 236,045—are small businesses, according to a Commerce Department report released this year.
Small businesses were responsible for a third of the total value of goods imported, highlighting the significant role they play in U.S. international trade.
Why it matters: For many of these companies, even a small increase in tariffs can have a profound ...read more
Categories: Economic, Business, General News Article
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Wednesday, May 14, 2025
Recently, Johnston County's Economic Development DirectorChris Johnsonwas named one of the Top 50 Economic Developers in North America by Consultant Connect.
Chris was recognized for his leadership, innovation and creativity.
He will receive the award in November.
Categories: Economic, Business
Monday, April 28, 2025
While roughly 900 people left the labor force in March, the unemployment rate in North Carolina remained unchanged at 3.7 percent.
Payroll employment increased by net 8,300 jobs in March with professional and business services leading the way, followed by government and education and health services. Financial services saw a slight decline in employment.
Measuring against our neighbors to the ...read more
Categories: Economic, Business
Thursday, April 03, 2025
US Chamber Releases Report on Housing in America
Housing has long been a cornerstone of the American dream and a vital component of the nation’s economy. Yet, the U.S. housing market is in crisis, driven by a fundamental imbalance between supply and demand. A severe shortage of over 4.5 million homes has created cascading economic and social challenges, from skyrocketing prices to reduced ...read more
Categories: Economic, General News Article
