PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Press Releases

May 28th, 2024 by

by Raymond J. Keating – Consumer concerns about where the economy is headed persisted in May, according to The Conference Board’s latest read on consumer confidence. The topline reading of the Board’s Consumer Confidence Index came in at 102.0, which was up from a slightly revised upward reading of 97.5 in April. Consumers clearly remained […]

May 23rd, 2024 by

Statement on Promoting Supply Chain Resiliency Public Hearing Office of the United States Trade Representative May 23, 2024   Raymond J. Keating Chief Economist Small Business & Entrepreneurship Council Good morning. I’m Ray Keating, and I serve as chief economist for the Small Business & Entrepreneurship Council. SBE Council is a nonprofit advocacy, research and […]

May 15th, 2024 by

Consumers slam on the brakes by Raymond J. Keating – The latest retail and food services sales report from the U.S. Census Bureau pointed to consumers slamming on the brakes on spending in April. Specifically, growth in retail and food services sales (seasonally adjusted) experienced no growth in April. Even worse, that means when factoring […]

May 3rd, 2024 by

NEWS For Immediate Release Washington, D.C. – National Small Business Week is nearing a close and rather than end on a positive note for America’s small businesses, President Joe Biden ended the week as he started, by announcing a policy action that undermines American small businesses and entrepreneurial opportunity. Today, President Biden vetoed a resolution […]

May 1st, 2024 by

by Raymond J. Keating –  The Federal Open Market Committee (FOMC) announced on May 1 that it would leave interest rates unchanged – that is, it would “maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent.” That was largely expected. But something far more interesting was said. And let’s give […]

April 29th, 2024 by

NEWS For Immediate Release Washington, D.C. – This week (April 28-May 4) has been declared “National Small Business Week” by the U.S. Small Business Administration (SBA). The week acknowledges “the critical contributions of America’s entrepreneurs and small business owners,” according to the SBA. Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued […]

April 26th, 2024 by

by Raymond J. Keating –  According to the latest personal income report from the U.S. Bureau of Economic Analysis, personal income grew in March, while inflation (as measured by the personal consumption expenditures (PCE) index) still ran too hot. Personal income – seasonally adjusted but in nominal dollars – increased by 0.5 percent in March. […]

April 26th, 2024 by

….and to Reaffirm America’s Commitment to Strengthening and Upholding IP Rights and Protections FOR IMMEDIATE RELEASE Washington, D.C. – Today is World Intellectual Property (IP) Day, a day to celebrate the creative spirit and innovation that drive progress and economic growth. It is a day to create awareness about the importance of IP rights and […]

April 25th, 2024 by

by Raymond J. Keating –  In the latest report on GDP (gross domestic product) from the U.S. Bureau of Economic Analysis, real GDP growth in the first quarter of 2024 slowed dramatically from the growth registered in the second half of 2023. Real GDP grew at only 1.6 percent in the first quarter (seasonally adjusted […]

April 23rd, 2024 by

NEWS For Immediate Release Washington, D.C. – Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement in response to today’s action by the Federal Trade Commission (FTC) that bans the use of employer non-compete agreements. “Today’s action banning the use of non-compete agreements is not only uninformed and […]

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