During State of American Business 2023, the U.S. Chamber of Commerce made a powerful call to our elected leaders—we need a government that works, rejects gridlock, and chooses governing. While 2023 was by no means a year of clear skies and calm waters, across 300+ policy priorities, the Chamber shaped pro-business outcomes for the most immediate issues at hand while also advancing debates around the topics that will determine our nation’s competitiveness for years to come.
Table of contents
- Bolstering America’s strength through a government that works
- Bolstering America’s strength by combating overreach and defending the rule of law
- Protected business in the courts and shaped key legal precedent
- Bolstering America’s strength through people
- Bolstering America’s strength through energy
- Bolstering America’s strength through global leadership
- Bolstering America’s strength through a strong business community
Bolstering America’s strength through a government that works
Quantified the soaring public policy risks facing businesses over the past 10 years, underscoring the need for a proactive business strategy to navigate the public policy environment.
- 27% increase in risks associated with public policy while nonpolicy risks, such as economic conditions, remained largely constant.
Ensured the voice of business was heard in key policy debates—nationally and locally.
- Participated in approximately 800 meetings with members of Congress and their staff in Washington and in districts across the country.
Forged solutions to avoid a U.S. default through months of advocacy.
- Met with 150+ members of Congress.
- Hosted 50+ fly-ins from state and local chambers across the country.
- Conducted 200+ in-district presentations about adverse consequences for congressional offices and local chambers.
Advocated for areas of bipartisan agreement to raise the debt limit that ultimately became the basis of the final legislation.
- Repealing unspent COVID funds.
- Implementing spending caps.
- Attaching permitting reform to debt limit legislation.
Successfully challenged the notion that a government shutdown was inevitable—not once but twice—by highlighting the negative impact that would be felt throughout the economy.
- Produced a state-by-state impact map highlighting the real-world consequences across the country.
- Quantified the impact a shutdown would have on average Americans and businesses.
- Released actionable guides for small businesses to prepare for a possible shutdown.
Sounded the alarm about the whole-of-government approach to promoting union leadership at any cost.
- Led a coalition of 250+ organizations calling on the administration to step in and help reach a resolution ahead of a looming International Brotherhood of Teamsters strike.
- Engaged closely with Acting Secretary of Labor Julie Su and sent a letter to the White House to ensure an agreement was reached between the West Coast ports and union leadership to avert widespread work stoppages at America’s ports.
- Shaped the public debate around the impact the United Auto Workers strike against the Detroit Three automakers would have on consumers, workers, and the local economies, including interviews on CNBC, Bloomberg TV/Radio, and CNN and coverage in several top-tier publications, including The New York Times, Reuters, and Politico.
Worked to support the modernization of our nation with speed, efficiency, and safety.
- United 350+ coalition partners in calling for Congress to enact meaningful, durable permitting reform through the Chamber’s Permit America to Build campaign.
- Helped advance 100+ permitting reform bills that were introduced in 2023, including legislation in the debt ceiling agreement that made the first meaningful updates to the National Environmental Policy Act in 50+ years.
- Highlighted the urgent need for permitting reform as part of the Chamber’s Common Grounds series, hosting Reps. Scott Peters (D-CA) and John Curtis (R-UT) to discuss the bipartisan consensus around the need to update America’s outdated permitting system.
Bolstering America’s strength by combating overreach and defending the rule of law
Defended competition and pushed back against excessive government overreach in the courts.
- Sued and blocked the Securities and Exchange Commission’s stock buyback rule, preventing a dangerous precedent that would have allowed federal agencies to micromanage companies over any decision government leaders happen not to like.
- Won an injunction against the Consumer Financial Protection Bureau’s effort to expand its authority to micromanage and second guess the financial products available to consumers.
- Sued the Environmental Protection Agency to challenge its Waters of the United States rule, which would have created needless uncertainty and endless red tape for businesses—particularly small businesses—trying to navigate an expensive and time-consuming permitting process, with the Supreme Court ultimately agreeing with the Chamber’s position.
- Sued the Department of Health and Human Services to challenge illegal government price control measures deceptively referred to as a “negotiation” process.
- Sued the National Labor Relations Board over its joint employer rule, leading the board to delay the effective date of the rule, which is the latest in a string of actions to promote union leadership at all costs, even when harmful to workers, employers, and the economy.
Protected business in the courts and shaped key legal precedent
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78%
Achieved a 78% win rate in Supreme Court cases in which the Chamber participated as amicus curiae.
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200+
Filed 200+ amicus briefs in 60 different forums.
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100+ Favorable Court Decisions
Won 100+ favorable court decisions in cases in which the Chamber participated as amicus curiae.
Limited liability and successfully advocated for civil justice and tort reform across the country.
- Secured historic comprehensive legal reform in Florida protecting consumers and businesses against abusive and excessive lawsuits.
- Reined in third party litigation funders in Indiana and Montana.
- Defended against 60+ anti-arbitration provisions in Congress.
Sounded the alarm over the threat of retail crime to businesses and communities.
- Launched a Retail Crime Data Center, which has become a widely cited resource with 1,000+ media mentions in 2023, highlighting the serious impact of criminal organizations on American business and society.
- Held events with members of Congress, state attorneys general, and chamber executives spotlighting how a lack of prosecution harms the business community, helping lead to the passage of the federal Inform Act and 19 new state laws to combat organized retail crime.
Bolstering America’s strength through people
Continuing to push Congress to secure our borders and modernize legal immigration
- United approximately 450 coalition partners through the Chamber’s LIBERTY campaign calling on Congress to enact legal immigration and border enforcement reform.
- Encouraged bipartisan debate on immigration reform and border security through the Chamber’s Common Grounds series, hosting Reps. Veronica Escobar (D-TX) and María Elvira Salazar (R-FL) for a discussion on how to modernize and secure the nation’s immigration and border processes in a smart and just way.
- Advanced several pieces of bipartisan legislation to spark momentum in Congress, including—
-The Dignity Act
-The Essential Workers for Economic Advancement Act
-The Eliminating Backlogs Act
- While we made progress on this issue in 2023, we will continue working to advance legislative solutions in 2024.
Filling the open jobs of today
- Expanded the Chamber Foundation’s Talent Pipeline Management (TPM) initiative to 46 states, equipping businesses with the tools to discover, develop, and reskill employees to meet their workforce needs.
- Launched an online platform to deliver the TPM Academy training virtually and on-demand, reaching more industries with critical workforce needs and connecting underserved talent with employment opportunities.
- Served more than 70,000 veterans, transitioning service members, and military spouses through the Chamber Foundation’s Hiring Our Heroes, including through 84 hiring events across 21 states, Puerto Rico, and Germany.
Preparing the next generation for the jobs of tomorrow
- Created the most comprehensive analysis of the impact of data-driven accountability on education policy over the past 20 years to develop concrete recommendations for the federal role in education.
- Brought real-world employer-led learning opportunities to high school and postsecondary students across the country through the Chamber Foundation’s Employer Provided Innovation Challenge (EPIC), launching pilots in six communities in partnership with local chambers of commerce and business associations.
- Hosted a Chamber Foundation Future of Data in K-12 Education Design Challenge, awarding $30,000 cash prizes to six winners who proposed innovative policy ideas to address the alarming decline in student achievement and shape the future of K-12 education.
- Expanded the Chamber Foundation’s National Civics Bee to 50+ communities across 9 states reaching 5,000 students and increasing civic knowledge and educating Americans about the important relationship between democracy and capitalism. The National Civics Bee is expanding to 28 states in 2024, more than tripling its reach from 2023.
Leveraging technology to develop the workforce of the future
- Released a culminating Artificial Intelligence Commission report to guide the adoption and sound regulation of AI informed by—
-Two former members of Congress who co-chaired the bipartisan commission
-More than a year of research and analysis
-Five field hearings across the U.S. and the U.K.
-87 expert witnesses
Launched the Responsible AI Business Leadership Initiative, a business-led education and advocacy campaign to inform policymakers and key decision makers on the benefits and uses of AI and advocate for a responsible federal policy framework.
Bolstering America’s strength through energy
Succeeded in making various requirements in EPA’s methane emissions regulation for the oil and gas sector more flexible and less burdensome, helping support domestic energy production and export to America’s allies.
Successfully urged the Supreme Court to allow completion of the Mountain Valley Pipeline to open additional pathways to abundant domestic energy resources after years of study and delay.
Led the largest-ever American business delegation and the largest-ever U.S. Department of Commerce certified trade mission to Dubai for the United Nations Climate Change Conference, COP28.
- Hosted 20+ events highlighting member investment in decarbonizing technologies and how business leads in delivering climate solutions.
- Led GreenTech Business Delegations to Brazil and the United Arab Emirates, bringing hundreds of delegates to meet with high-level government and business leaders.
Pushed back on the Environmental Protection Agency’s flawed rules that would harm the economy.
- Conducted an analysis finding significant flaws with the methodology used in EPA’s carbon pollution standards for coal and natural gas-fired power plants.
- Released a report highlighting how EPA’s proposed air quality standards fail to account for extraneous factors—like the impact of the 2023 wildfire season on particulate matter emissions—and will cause permitting gridlock across the American economy.
Bolstering America’s strength through global leadership
Advancing commercial diplomacy and our members’ interests in high-level meetings organized by the Chamber
Hosted two dozen heads of state and government and 500+ other senior officials, including ministers, ambassadors, and other leaders, from governments around the world, including during—
The U.S.-Ukraine Partnership Forum
- Convened senior U.S. and Ukrainian government officials, business executives, and thought leaders on the reconstruction, recovery, and modernization of Ukraine once the war is won.
The 13th Annual China Business Conference
- Provoked thoughtful discussions among business leaders, senior officials, and policy experts to address economic, political, and regulatory developments affecting bilateral commerce and U.S. businesses in China.
India Ideas Summit
- Advanced U.S.-India economic and trade ties, hosting Secretary of State Antony Blinken, Secretary of Commerce Gina Raimondo, Ambassador of India to the United States Taranjit Singh Sandhu, and more.
13th U.S.-Mexico CEO Dialogue
- Forged solutions with private sector and government leaders from both countries who discussed strategies to boost economic growth, strengthen competitiveness, and increase trade and investment in North America.
60th U.S.-Japan Business Conference
- Advanced an important partnership with hundreds of business executives in Tokyo who joined for high-level discussions on the bilateral relationship, the future of the rules-based system, and the imperative of closer cooperation in such areas as the digital economy, financial services, health care, energy, and infrastructure.
Taking American business priorities to international centers of commerce
2023 International Delegations
The Chamber led business delegations to 37 foreign capitals on every continent except Antarctica, advocating for free enterprise principles and helping businesses expand to new markets—
Standing up for business at global summits
Represented the American business community at high-stakes international summits including—
- North American Leaders’ Summit, Mexico City
- Munich Security Conference
- G20 and B20 summits, New Delhi
- UN General Assembly, New York City
- Africa Growth and Opportunity Act Forum, Johannesburg
- Asia-Pacific Economic Cooperation Summit (APEC), San Francisco
- United Nations Climate Change Conference (COP28), Dubai
Delivering a market-opening pro-growth environment
- Secured implementation of the EU-U.S. Data Privacy Framework, which ensures continuity in transatlantic data flows vital to American companies of all sizes and sectors.
- Advocated for U.S.-China trade policies that guard against risks to national security and America’s values using targeted tools such as export controls and investment screening—while supporting mutually beneficial commerce in the many areas where no such threats exist.
- Helped win Senate approval of the U.S.-Chile Tax Treaty, a Chamber priority 13 years in the making that ensures fair tax rates for U.S. companies doing business in the South American country.
- Won complementary breakthroughs under Brazilian and U.S. law—involving the enactment of Brazilian tax reforms and the suspension of harmful U.S. Treasury regulations—that collectively reaffirmed the right of U.S. companies to claim the foreign tax credit for income taxes paid to Brazil.
Opening the door to new markets
- Launched the Ukraine Business Initiative to lead the business community’s involvement not only in rebuilding Ukraine’s former capacity but also in creating a stronger, more resilient economy through new trade and investment platforms.
- Organized Advance with Africa events with state and local partners and hundreds of business leaders and entrepreneurs across the U.S. to increase American exports and investment in the continent and showcase tools to support new market entrants.
Bolstering America’s strength through a strong business community
Served and supported the small businesses that are the backbone of America’s economy.
- Reached 550,000 businesses per month and 6.5 million+ small businesses per year through the Chamber’s small business digital platform CO—, providing actionable advice to start, run, and grow an enterprise.
- Helped 30,000 small businesses per month connect with their local chamber on CO— though the Chamber Finder.
- Launched the Prompt Pay Pledge, urging large companies to pay their small business suppliers more quickly to help these business owners manage their capital and maintain a healthy cash flow.
- Honored 70 of America’s Top Small Businesses from across the country, selected from 15,000+ applicants, and led a delegation of the Chamber’s Small Business Council members to Capitol Hill to advocate for small business priorities.
- Tracked small business sentiment through the quarterly MetLife and U.S. Chamber Small Business Index, which has grown into one of the most widely cited and well-known measures of small business confidence.
Influenced key debates and demonstrated why the Chamber is the credible platform for the business community.
- Earned 70,000+ media articles mentioning the Chamber’s advocacy and expertise on key issues.
- Drew 3.6 million+ viewers to uschamber.com for actionable policy solutions and thought leadership on top business issues, representing double-digit growth year-over-year.
- Penned 40+ op-eds from Chamber executives in top-tier publications, including The Wall Street Journal, USA Today, Barron’s, and Fox Business.
- Reached 12+ million people across all main Chamber social media accounts driven by strong grassroots engagement around Celebrate Your Local Chamber Day and the Chamber's small business content.
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6,000+
Business leaders united across 37 states
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100+
State & Local Chambers united across 37 states
Educated and prepared them for Capitol Hill fly-ins, connecting local business leaders with their members of Congress to lobby on top business priorities.
- Participated in a keynote discussion at South by Southwest to speak directly to entrepreneurs and startup CEOs about the impact federal policies have on small businesses and the Chamber’s leadership on emerging issues.
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36,000+
People convened in person across 1,000+ meetings and events
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46,000+
People convened virtually across 200+ events.