PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Press Releases

October 20th, 2022 by

by Raymond J. Keating –  The latest edition of the Federal Reserve’s “Beige Book” pointed to a messy economy. That’s anything but surprising. This survey of various contacts outside the Fed pointed to an economy growing “modestly,” but that assessment varied considerably across the economy. Indeed, the term might be a bit optimistic based on […]

October 19th, 2022 by

by Raymond J. Keating –  The latest report on residential construction from the U.S. Census Bureau showed both housing starts and permits taking hits in September. This raises more questions about recession, as well as putting attention on the need for sound policymaking. Housing starts (annual rate) were down by 8.1 percent in September versus […]

October 18th, 2022 by

“The U.K.’s CMA has taken direct aim at America’s startup ecosystem through its brash overreach.”  For Immediate Release Washington, D.C. – Today, Meta announced that it will sell GIF-sharing platform Giphy in response to a final decision reached by the United Kingdom’s Competition and Market Authority (CMA), which asserted the acquisition could reduce competition among […]

October 13th, 2022 by

NEWS For Immediate Release Washington, D.C. – According to the latest data released by the U.S. Bureau of Labor Statistics, high inflation continues its punishing run.  The inflationary pressure continues to tear at the financial health of small and local businesses, according to Small Business & Entrepreneurship Council president & CEO Karen Kerrigan. She issued […]

October 11th, 2022 by

NEWS For Immediate Release Washington., D.C – Today, the United States Department of Labor (DOL) announced a proposed rule that will make it more costly, complex and difficult for individuals to enjoy flexibility and economic opportunity through independent contractor work. Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement on […]

October 7th, 2022 by

by Raymond J. Keating – The September employment report from the U.S. Bureau of Labor Statistics pointed to job growth slowing. Nonfarm payroll employment (from the establishment survey) grew by 263,000 in September, and that’s still a solid monthly gain. However, it was down from larger gains earlier in the year. Meanwhile, according to the […]

September 30th, 2022 by

by Raymond J. Keating – The U.S. Bureau of Economic Analysis just updated its estimate of second quarter U.S. GDP, while also offering its estimate of GDP growth by state. Matters didn’t improve for U.S. GDP with this latest update. Instead, the U.S. economy still shrank by 0.6 percent (annual rate) in the second quarter, […]

September 26th, 2022 by

NEWS For Immediate Release Washington, D.C. – Today, the Small Business & Entrepreneurship Council (SBE Council) announced support for the “Commission on the American Workforce Act” introduced by U.S. Representatives Dave Joyce (R-OH) and Shontel Brown (D-OH). SBE Council president & CEO Karen Kerrigan issued the following statement on the bipartisan legislation: “America’s workforce shortage […]

September 25th, 2022 by

SMALL BUSINESS INSIDER by Karen Kerrigan – Next month, the U.S. State Department will enter into conversations with member nations of the Universal Postal Union (UPU) to discuss important international postal rate structures and frameworks. This is an important issue for America’s small businesses, as they depend heavily on smart mail delivery and logistics services […]

September 21st, 2022 by

by Raymond J. Keating –  The Powell Fed has its guns trained on this economy, with its thinking stuck far in the past. The Federal Open Market Committee (FOMC) statement and accompanying economic projections released on September 21 offered nothing to be positive about in terms of where monetary policy is headed, and how the […]

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