Detroit Regional Chamber
Recent News About Detroit Regional Chamber
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Detroit Metro launches pilot program supporting local small businesses
Travelers passing through Detroit Metropolitan Wayne County Airport can now visit two distinctive small businesses as part of a new initiative. Rebel Nell, a jewelry company based in Detroit, and Quix Chocolate from Ferndale are the first participants in the Small Business Operators Arriving Ready (SOAR) pilot program. These businesses have set up shop in newly constructed spaces within the Warren Cleage Evans Terminal.
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Detroit Regional Chamber mourns passing of Tom Donohue
The Detroit Regional Chamber and the business community are expressing their condolences following the passing of Tom Donohue. Donohue served as the Chief Executive Officer of both the U.S. Chamber of Commerce and the American Trucking Association.
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Detroit mayor highlights city's ongoing recovery amid persistent challenges
On a sunny Friday morning last month, Detroit Mayor Mike Duggan drove through the city he has led for a decade, highlighting various construction projects and developments. Near Michigan Central Station, now an office complex, he pointed out the future site of a 600-room JW Marriott hotel set to open by 2027.
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Chamber acknowledges Matt Elliott's retirement from Bank of America
The Detroit Regional Chamber has extended its congratulations to Matt Elliott, the former Board Chair, on his retirement from Bank of America. The announcement was made public as the Chamber acknowledged Elliott's contributions during his tenure.
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NFIB director urges Congress to save vital small business tax deduction
The National Federation of Independent Business (NFIB) State Director, Leah Long, has expressed concern over the potential expiration of the 20% federal tax deduction for small businesses. Her editorial was published in the Clarion Ledger, emphasizing the importance of this deduction for small business sustainability.
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Whitmer acknowledges contributions on Black Entrepreneurs Day in Michigan
Today, Governor Gretchen Whitmer marked Black Entrepreneurs Day in Michigan, acknowledging the vital contributions of Black business owners to the state's economy. The celebration highlights their role in creating jobs and fostering innovation across various sectors.
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Michigan business leaders address rising workplace incivility amid election tensions
Influenced by increasingly fiery rhetoric and actions on the 2024 campaign trail, American workplaces are becoming environments of growing incivility. Reports of polarizing behavior have been increasing significantly.
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St. Clair County Community College joins D3C3 with $300K grant
The Detroit Drives Degrees Community College Collaborative (D3C3) has announced the inclusion of St. Clair County Community College (SC4) as its newest partner. This addition brings the total number of community colleges in the collaborative to eight. A $300,000 grant from the Ralph C. Wilson, Jr. Foundation will be allocated to SC4 staff who will work directly with high school students in Port Huron and Yale school districts, aiming to increase college enrollment rates for the 2025 graduating class.
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Small business outlook predicts profit rise despite high price concerns
There is increased optimism in the October Small Business Outlook, which indicates that small business profits are expected to rise alongside increased revenues in the coming months. Concerns about inflation appear to have eased, although small businesses remain worried about high prices and their impact on growth plans.
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Business groups oppose changes to Michigan Consumer Protection Act
The Detroit Regional Chamber, along with seventeen other business groups, has expressed opposition to Senate bills 1021-22. These proposed legislative changes would significantly alter the Michigan Consumer Protection Act, potentially exposing a wide range of businesses to lawsuits, including class action suits.
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Business groups oppose proposed price gouging legislation in Michigan
The Detroit Regional Chamber, along with the Grand Rapids Chamber, Michigan Chamber of Commerce, Small Business Association of Michigan, Michigan Manufacturers Association, and NFIB, have collectively expressed their opposition to Senate Bills 954-956. These bills propose a 10% cap on price increases during a state of emergency before an individual or business could be held accountable for price gouging, with certain exceptions.
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Nominations open for National Small Business Week 2025 awards
The U.S. Small Business Administration (SBA) has announced the opening of nominations for the National Small Business Week (NSBW) Awards, which have been a tradition for over 60 years. The event celebrates the significant contributions of entrepreneurs and small business owners in the United States. National Small Business Week 2025 is scheduled to occur from May 4-10.
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Detroit Future City releases report on rebuilding middle class
A recent report emphasizes the need for a coalition of various stakeholders, including government entities, businesses, educational institutions, and residents, to collaborate in efforts to restore Detroit as a middle-class city. The report is titled "Making The Middle Class: Leveraging Detroit’s Neighborhoods to Build a Middle-Class City" and was published by the nonprofit think tank Detroit Future City.
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Detroit Regional Chamber members make Crain's 40 Under 40 list
The Detroit Regional Chamber is acknowledging several of its member companies whose leaders have been recognized on Crain’s Detroit Business' 40 Under 40 list. This list celebrates the remarkable accomplishments of young professionals across various sectors, highlighting individuals who are influencing their communities positively.
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Poll shows Michigan voters less worried about economy but skeptical about electric vehicles
New polling data in Michigan indicates a shift in voter concerns regarding the economy, with fears over inflation and recession showing a significant decline. Despite these changes, there is still widespread belief that the state is not on the right economic path.
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US inflation falls as job market strengthens amid election race
Inflation in the United States decreased last month to its lowest level since early 2021. Consumer prices increased by 2.4% in September compared to a year earlier, slightly down from August's 2.5%, according to the Labor Department's report on Thursday. On a monthly basis, prices rose by 0.2% from August to September, consistent with the previous month's increase.
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Black leaders break barriers across major institutions in Detroit
The city of Detroit, where nearly 80% of the population is Black, is witnessing a significant shift in leadership across various institutions. Historically slow to appoint Black leaders despite its demographic composition, several prominent organizations have recently seen Black individuals rise to top positions for the first time.
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Michigan's EV transition examined in new poll
Richard Czuba from Glengariff Group, Inc. recently appeared on WJR-AM to discuss a new poll conducted by the Detroit Regional Chamber. The poll provides insights into Michigan's transition to electric vehicles and its implications for the state's economic future.
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Trump's anti-China stance finds support among rural Michigan voters
Republican presidential candidate Donald Trump is delivering a message against China and electric vehicles (EVs) that resonates with rural and Republican voters in Michigan. A recent poll by the Detroit Regional Chamber indicates that 67% of Republican voters and 59% of rural voters believe Michigan should not compete in the global EV market dominated by Chinese automakers.
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Marketing key for small businesses facing tough holiday season
The upcoming holiday season presents unique challenges for small businesses, with economic factors and potential logistical issues creating a complex environment. Inflation has eased but costs remain high, and consumers are exercising caution in their spending. Compounding these challenges is a longshoreman strike that began on Tuesday, which could disrupt shipping schedules if not resolved promptly.