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Renewing U.S. CompetitivenessChamber Outlines Plan for Continued Growth
In its annual State of American Business report, the U.S. Chamber draws attention to economic threats to U.S. competitiveness and unveils a comprehensive plan for long-term economic growth.
"To remain the largest, most innovative, and dynamic economy in the world, the status quo isn't good enough," says Chamber President and CEO Tom Donohue. "Our infrastructure is deteriorating, energy and health care costs are rising, qualified workers are harder to find, regulations and taxes are debilitating, and access to many overseas markets is restricted. The Chamber will aggressively promote an agenda that removes these obstacles and expands economic opportunity for all Americans."
The Chamber's comprehensive five-year plan-developed in consultation with the Chamber's member companies, policy committees, and board and sent to every member of Congress and the administration-focuses on 10 key challenges:
In the short term, the Chamber believes that solid economic fundamentals will likely overcome economic uncertainty and steer the nation clear of a recession. The Chamber expects around 2% GDP growth in the first half of the year.
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