Press Releases

February 2nd, 2023 by

by Raymond J. Keating – The Federal Open Market Committee (FOMC) announced on February 1 that it was raising the federal funds rate by a quarter point to a range of 4.5 percent to 4.75 percent. And more rate hikes were promised. It also was noted in the FOMC statement that “Inflation has eased somewhat […]

February 2nd, 2023 by

NEWS FOR IMMEDIATE RELEASE Washington, D.C. – Chalk one up for startups and common sense, at least for the moment, observed a group that advocates for entrepreneurs and small businesses. In response to a California judge’s decision to allow the acquisition of Within Unlimited by Meta Platforms, Inc., thus rejecting the Federal Trade Commission’s (FTC’s) […]

January 27th, 2023 by

The country’s most influential small business leaders, including SBE Council president & CEO Karen Kerrigan, shared thoughts and predictions for policy in 2023 with Rhett Buttle, founder of Public Private Strategies, in his latest Forbes column. As Kerrigan said: “Congress must find bipartisan ways to fully support small businesses in the areas of taxes and tax […]

January 26th, 2023 by

by Raymond J. Keating – The first estimate of GDP (i.e., gross domestic product) in the fourth quarter of 2022 put real economic growth at a below-average 2.9 percent, according to the latest report from the U.S. Bureau of Economic Analysis. For all of 2022, real GDP under-performed at 2.1 percent. Fourth Quarter 2022 Data […]

January 20th, 2023 by

by Raymond J. Keating – If you’re seeking an example of the power of special interests in politics, look no further than labor unions. While labor union membership continues to fall – as illustrated by the latest data from the U.S. Bureau of Labor Statistics (BLS) – the political influence of unions persists. The BLS […]

January 17th, 2023 by

by Raymond J. Keating – The number of business applications (seasonally adjusted) moved down slightly in December 2022 compared to the previous month, according to latest report from the U.S. Census Bureau. Specifically, total new business applications (i.e., “business applications for tax IDs as indicated by applications for an Employer Identification Number (EIN) through filings […]

January 6th, 2023 by

by Raymond J. Keating – As SBE Council has noted previously, the monthly “Employment Situation” report from the U.S. Bureau of Labor Statistics actually includes data from two surveys – the establishment survey and the household survey. In some months, those surveys can diverge, and that was the case in the latest report for December […]

January 4th, 2023 by

NEWS For Immediate Release Washington, D.C. – Following the announcement that the U.S. Capitol and House office buildings will be reopened to the public after three years of restrictions that did not allow full access, the Small Business & Entrepreneurship Council (SBE Council) expressed relief and delight that certain buildings are reopening with others following […]

December 16th, 2022 by

by Raymond J. Keating –  The latest business applications data from the U.S. Census Bureau points to a continuing high level of desire or a significant intention among Americans to startup their own businesses. The “but” comes into play, however, when looking at the costs and uncertainties imposed by policymakers, and economic uncertainty and opportunity […]

December 14th, 2022 by

In a recent DC Journal Inside Sources Op-ed, SBE Council president & CEO Karen Kerrigan writes that challenging economic conditions and headwinds continue to bear down on small businesses: “That is why Congress must identify practical solutions to help entrepreneurs through this challenging economic period, and beyond. One solution is to restore immediate expensing for […]

News and Media Releases