Business community to share important federal priorities to continue Utah’s economic prosperity
SALT LAKE CITY (September 12, 2024) — The Salt Lake Chamber, with a dedicated group of business executives and community leaders, is headed to Washington, D.C. at the end of the month to meet with members of Utah’s congressional delegation and discuss important federal priorities including regulatory overreach, trade policies and housing affordability, to name a few.
“Addressing the issues that impact our business and communities is what drives the Salt Lake Chamber and its members,” said Derek Miller, president and CEO of the Salt Lake Chamber. “Regulatory overreach, trade policies and housing affordability are just three of our priorities this year, but everything we are set to discuss is a focus to us, as each issue has a critical impact on our business and community members.”
Important topics the Chamber will discuss with lawmakers include the following:
- Capital accessibility and interest rate trends – Improving access to capital for small businesses is crucial for fostering growth, innovation and job creation in Utah.
- Colorado River Compact – Which ensures Utah’s access to water, supports our agriculture industry and growing communities.
- Education and workforce development – These initiatives are crucial for Utah businesses to meet talent needs, enhance competitiveness, drive economic growth and address skill gaps.
- Housing affordability – As the demand for affordable housing grows, the need for comprehensive solutions becomes more urgent.
- Immigration – Congressional support for an immigrant workforce is crucial for sustaining economic growth and addressing labor shortages in critical industries.
- Regulatory overreach – Mitigating the impact of excessive federal regulations is vital for fostering a thriving business environment in Utah.
- The national debt – Which is currently driving up interest rates and making borrowing more expensive for businesses and consumers, slows innovation, reduces investment and hampers job creation.
- Trade policies and supply chain – Addressing ongoing supply chain challenges is crucial for Utah businesses to ensure operational continuity, manage costs, enhance customer satisfaction and support economic resilience.
- Tax policy – By fostering a stable tax environment, Utah can enhance economic stability and create a favorable climate for business development and success.
Further details about each of the Salt Lake Chamber’s Federal Priorities can be read here.
“The Chamber is leading the charge on crucial issues that define our economic future,” Miller said. “Our trip to Washington D.C. gives us an opportunity to connect face-to-face with national leaders, gain insights and engage in policy discussions that impact both our state and the nation, all with the shared goal to ensure economic strength and prosperity.”
The Salt Lake Chamber appreciates the chance to participate in these critical discussions and acknowledges that much of our success stems from the forward-thinking individuals here in Utah. Businesses and organizations participating in the trip include The Larry H. Miller Company, Select Health and WCF Insurance, among others.
