The Essence of Engagement is Local

Two years ago, I facilitated a roundtable discussion in the Dallas-Ft. Worth area.  The discussion featured a senior official from the State Department and leaders from the local business community. The official listened as we talked about their ideas for growing the economy.  What struck me was not only the content of the discussion, but also who sat around the table. Executives from Mary Kay, American Airlines, Hilton Worldwide, a small local ground transportation firm and other...

Commercial Space Program Keeps Flame of Exploration Burning

This is a crosspost from NASA.gov. Click here to see the original post. When I saw the Olympic torch on its first spacewalk in history this past Saturday, I was reminded of NASA’s 50-plus years as the world’s undisputed leader in space exploration. Today, we have more evidence of that leadership. After more than 10 years of hard work, milestones and successes, NASA’s Commercial Orbital Transportation Services (COTS) program is passing the torch.  A little more...

A Look Back at the Economic Crisis: 5 Years Later

This month marks the five-year anniversary of the height of America’s economic crisis of 2008. To many members of the business community, September is a reminder of the hardships we still face as America fights its way back to economic prosperity. The financial crisis was the result of multiple factors — a housing boom aided by the easy access to mortgages, financial institutions participating in risky situations, and America’s outdated financial regulations. And since the...

PA Business Leader: Immigration Reform Will Have a “Ripple Effect Throughout the Entire Economy”

I am first-generation American born. My parents came to the United States to make a better life and pursue opportunities not possible anywhere else in the world. For me, the topic of immigration is a personal one. For millions of immigrants, the United States is that “shining city on the hill.” Our nation’s leadership on the world stage is a product of the world’s best and brightest wanting to come here to work, create, innovate and build the future. The tradition of American...

We Must Lay The Groundwork For Growth: The Business Case Behind President Obama’s ‘Better Bargain’

More than five years after the Great Recession began, businesses are on track to add more jobs this year than in any year since 1999. The economy is headed in the right direction again – but are we doing enough to lock in strong, consistent future growth? In a series of speeches this summer calling for a “better bargain”, President Obama is making the case for taking the long view on investments in our future, like infrastructure and education. We must, the President argues, focus on a...

Two Business Forward Member Companies Lead Best Practices Initiative to Reduce IP Infringement

Together with other industry leaders, Business Forward members, Google and Microsoft, have partnered with the White House Office of the U.S. Intellectual Property Enforcement Coordinator to put forward new industry best practices combatting online piracy and counterfeiting. Announced yesterday, these coordinated procedures should limit the flow of advertisement money to sites used primarily as piracy and counterfeiting operations. The Administration announced the initiative on its blog,...

Labor Market Healthiest Since 2008 Says Conference Board Report

The Conference Board Employment Trends Index, which uses eight different labor-market indicators to pick out underlying trends that are moving the job market, reached its highest point since June 2008 this morning. The report doesn’t point to fast accelerating job growth (that won’t come unless GDP growth picks up), but does bode well for the steady, consistent job creation needed to keep the recovery moving forward. Friday’s April Jobs Report pointed to strong and consistent...

April Jobs Data Suggest No Spring Slowdown – But Impact Of Government Cuts Showing Up

The economy added 165,000 jobs last month, above analyst projections and an improvement over March’s increase of 138,000 jobs, and the unemployment rate edged down to 7.5%. Concerns of a spring slowdown sparked by last month’s weak report appear to be unfounded – but the details of the report show that sharp and sudden government cutbacks from the sequester are hurting the job market. The first four months of employment data for the year paint an encouraging picture. Businesses have added...

A New Era For American Manufacturers?

It’s no secret that American manufacturers have been at the leading edge of the economic recovery. We’ve added 520,000 manufacturing jobs since January 2010, the strongest period of manufacturing job growth since the 1990’s. And stories about companies like GE and Ford moving operations back to the U.S. pop up seemingly every week. But the manufacturing sector is digging itself out of a deep, deep hole. The U.S. lost 41 percent of its manufacturing jobs...

The importance of a well-educated workforce

At Business Forward briefings across the country, business leaders have shared how important a well-educated workforce is, stressing the value in continue with STEM initiatives and community partnerships for job training. The numbers and research back them up. In a Pew Report released in January, researchers found that a four-year college degree helped protect young people from unemployment, low-skill jobs, and lesser wages during the recent economic downturn. A study completed by researchers...