Press Releases

July 12th, 2024 by

The Honorable Joseph R. Biden President The White House 1600 Pennsylvania Ave NW Washington, DC 20500   Dear President Biden: The undersigned organizations write on behalf of millions of American businesses and their employees in all sectors of the U.S. economy. Considering the Supreme Court’s recent decision in Loper Bright Enterprises et al. v. Raimondo[1] […]

July 11th, 2024 by

by Raymond J. Keating – When inflation runs hot – as it has been doing since early 2021 – it also tends to be quite volatile from month to month. As a result, trends tend to be more important than the latest monthly number. Plus, one always has to keep in mind the warning that […]

July 9th, 2024 by

by Raymond J. Keating – The “consumer” sits in an interesting place in our economy. While consumer spending accounts for two-thirds to seventy percent of GDP and consumption is the endpoint of the economic process, if you will, the consumer also is, as I have argued many times, a follower. That is, consumers take their […]

July 5th, 2024 by

The Bureau of Labor Statistics (BLS) released the June jobs data on July 5. The majority of new jobs created (+206,000) are in government (+70,000), health care (+49,000), and the social services (+34,000) sectors. BLS revised the April and May job gains down by a combined 111,000. According to BLS: April was revised down by […]

July 5th, 2024 by

by Raymond J. Keating – Technological advancements, including in the area of broadband, are vital to starting up and building small businesses. It follows that it’s critical that elected officials and their appointees get policies right that affect broadband. What does “right” mean? It’s about policies that serve as a sound foundation for the private […]

June 28th, 2024 by

NEWS For Immediate Release Washington, D.C. – Regarding the U.S. Supreme Court’s ruling today in Loper Enterprises v. Raimondo to overturn a decision in Chevron v. Natural Resources Defense Council, Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement: “Over our 30-year history our organization has witnessed the […]

June 28th, 2024 by

by Raymond J. Keating – By definition, a mixed or questionable economy, like the one we’ve been stuck in, is going to serve up some good news and some bad news in assorted data. The latest personal income report from the U.S. Bureau of Economic Analysis falls into the “good news” category. First, as was […]

June 27th, 2024 by

NEWS FOR IMMEDIATE RELEASE Washington, D.C. – Following the first presidential debate, Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement: “Inflation and economic uncertainty have challenged entrepreneurs and small business owners for the past three years. Policy solutions that lower costs, improve capital and labor market conditions, […]

June 27th, 2024 by

by Raymond J. Keating – The U.S. Census Bureau just published its latest “Durable Goods Manufacturers’ Shipments Inventories and Orders” report and it pointed to new orders for manufactured durable goods in May increased by 0.1 percent, which followed on an increase of 0.2 percent in April (revised down). While up for four consecutive months […]

June 26th, 2024 by

The Honorable Bill Cassidy Ranking Member Senate Committee on Health, Education, Labor and Pensions Washington, DC 20510   Dear Ranking Member Cassidy: The undersigned organizations write to express support for policies that seek to advance independent work opportunities and support the millions of Americans who choose to pursue careers and income as independent contractors. We […]

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