Chamber of Commerce CEO touts small business: 'State of American business is local'
Published On Jan 17, 2025, 6:00 AM
In a recent speech, the CEO of the U.S. Chamber of Commerce, Suzanne P. Clark, emphasized the crucial role small businesses play in the American economy, stating they employ nearly half of the workforce and contribute to 43.5% of GDP. She highlighted that all businesses have a local impact, regardless of their size, and urged for increased support to ensure that communities across the country do not get left behind economically.
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With the emphasis on small businesses, there is potential for increased investment in sectors that support local enterprises, especially through ETFs focusing on small-cap stocks or sectors such as retail and technology that cater to local needs.
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