State of American Business 2025: All Business Is Local

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Suzanne P. Clark, President and CEO of U.S. Chamber of Commerce, emphasized that local businesses are the foundation of America's economic growth during her keynote address on January 16, 2025; Clark highlighted the importance of local economies, stating that all business is local, impacting communities directly; She delivered her speech from Dallas, Texas, a region noted for its economic vibrancy; Clark called for immediate pro-growth priorities from Congress, including rolling back excessive regulations, preserving 2017 tax provisions, and participating in the global economy; She warned that overregulation could cost the economy $1.4 trillion and urged against broad tariffs that could worsen the cost-of-living crisis; Clark concluded by advocating for growth across all American communities, regardless of their political or geographical differences.

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