Florida Chamber Healthcare Partnership Survey


Florida Surgeon General Scott Rivkees is seeking your input on the CDC’s newest guidelines regarding masks and cloth coverings to help slow the spread of COVID-19.



Florida Chamber Healthcare Partnership Survey
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Small Business Loan Survey


There are several loan programs to help small businesses stay afloat during the COVID-19 pandemic.  Senator Marco Rubio worked extensively on the CARES Act, which primarily benefits small businesses with the Paycheck Protection Program.  As we continue conversations with Senator Rubio, the congressional delegation, our partners in the banking industry and at the SBA and SBDC, your input will help us guide future changes to these lending program to ensure small businesses are getting the support that they need.



Small Business Loan Survey
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A Talented Workforce and the Rising Probability of a Recession Leave Florida’s Small Businesses Feeling Uncertain

Latest Florida Chamber of Commerce Small Business Index Survey Shows

TALLAHASSEE, Fla. (July 22, 2019)— While Florida’s small businesses continue boosting the state’s economy, finding qualified workers to fill available jobs tops the list of issues keeping small business owners up at night, survey results from the Florida Chamber of Commerce’s Third Quarter Small Business Index Survey show. 

“Florida’s small businesses continue to be concerned about being able to hire a talented workforce,” said Dr. Jerry Parrish, Chief Economist and Director of Research at the Florida Chamber Foundation. “Improving Florida’s talent pipeline for a better workforce will help ensure jobs have talented employees, and will help put workers on the path to prosperity – leading goals of Florida 2030, Florida’s next strategic plan.”

Concerns over a likely recession are also creating economic uncertainty among job creators, the survey shows. However, while Florida’s small businesses are cautious, the state’s economy is healthy and expanding. Florida is now the 18th most diversified economy in the country, and there are rising numbers of open jobs and a declining amount of people looking for jobs.

The Florida Chamber’s third quarterly statewide Small Business Index Survey shows small businesses are most concerned about:

  1. Workforce Quality – 27%

2. Economic Uncertainty – 12%

3. Growth Management Process – 8%

4. Government Regulations – 7%

5. Healthcare Costs – 7%

Of Florida’s small businesses, 47 percent of respondents expect the economy to improve, down from 57 percent one year ago and 70 percent two years ago. They also felt that a positive indicator for businesses is that 24 percent of respondents thought it would be easier to get financing in the next six months, compared to 15 percent in last quarter’s survey.

“Florida’s economy is dependent on the small business community, and the Florida Chamber’s Small Business Council remains committed to advocating on their behalf,” said Glenda Hood, Chair of the Florida Chamber’s Small Business Council, and President, Hood Partners LLC.

About the Survey:

The Florida Chamber’s Small Business Index Survey was conducted electronically June 6 through July 5, 2019. Fifty-six of respondents employ less than five employees, while 32 percent employ five to 49 employees. Click HERE to view the full report.

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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.

First Quarter Small Business Index Survey Shows Florida’s Small Businesses Feeling Uncertain

Potential Trade War, Expansion of Tariffs, Slowing Growth in Other Economies Leave Florida’s Small Businesses Feeling Uncertain Latest Florida Chamber Small Business Index Survey Shows

 

TALLAHASSEE, Fla. (January 23, 2019)—While Florida’s economic outlook for 2019 is strong, the threat of a trade war, expansion of tariffs and slowing growth in other economies has Florida’s small business owners uncertain about the economy.

The Florida Chamber of Commerce’s First Quarter Small Business Index Survey shows economic uncertainty now tops the list of issues keeping small business owners up at night. This is the first time in eight quarters that economic uncertainty has risen to the number one concern – beating out workforce quality.

While Florida’s small businesses appear cautious, the truth is Florida’s future is healthy. According to data from Florida Chamber Foundation Chief Economist Dr. Jerry Parrish, Florida can expect to create 150,000 jobs in 2019 and there’s a low chance of recession.

“When job creators see uncertainty in financial or international markets, they are less likely to invest,” said Dr. Jerry Parrish, Chief Economist of the Florida Chamber Foundation, speaking at the Florida Chamber Foundation’s Economic Outlook & Jobs Summit. “To ensure Florida remains competitive, we must continue the momentum built since the last recession, and renew a focus on signaling to the world that Florida is open for business and ready for economic development investments.”

The Florida Chamber’s first quarterly statewide Small Business Index Survey shows small businesses are most concerned about:

  1. Economic Uncertainty – 23%
  2. Workforce Quality – 18%
  3. Growth Management Process – 9%
  4. Government Regulations – 9%
  5. Access to Capital – 8%

 

Of Florida small businesses, 47 percent of respondents expect the economy to improve, down from 77 percent one year ago. More interesting is that 41 percent of businesses expect the economy to weaken over the next year – up from 20 percent in last quarter’s survey and 10 percent one year ago.

“After being the top concern for eight quarters in a row, workforce quality takes second place behind economic uncertainty, which is the top concern of Florida’s small businesses,” said Glenda Hood, Chair of the Florida Chamber’s Small Business Council, and Founding Partner, triSect. “Florida’s economy is dependent on the small business community, and the Florida Chamber’s Small Business Council remains committed to advocating on their behalf.”

 

About the Survey:

The Florida Chamber’s Small Business Index Survey was conducted electronically November 28, 2018 through January 3, 2019. 44 percent of respondents employ less than five employees, while 40 percent employ five to 49 employees. Click here to view the full report.

 

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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.

Workforce Quality and Government Regulations Top Concerns in Florida Chamber Small Business Survey

2018 Elections Key to Ensuring Florida Small and Local Businesses Can Continue Creating 1 Out of Every 11 New American Jobs

 

 

TALLAHASSEE, Fla. (October 22, 2018) — As Florida job creators prepare to cast their vote for Florida’s next Governor, they are no doubt looking at which candidate will help strengthen Florida’s workforce and tackle government regulations – top concerns of business leaders on the Florida Chamber of Commerce’s Fourth Quarter Small Business Index Survey.

For the eighth quarter in a row, employers say finding additional skilled employees to meet open job demands is their number one concern. And small and local businesses are increasingly concerned about government regulations.

 

“With Florida small and local businesses creating one out of every 11 new American jobs, the Small Business Index Survey shows that job creators will be looking for a Governor that further eliminates outdated regulations and further strengthens Florida’s workforce to ensure the available 245,300 jobs in Florida can be filled with quality employees,” said Marian Johnson, Senior Vice President, Political Operation.

 

On the upside, 59 percent of small businesses indicated confidence in the direction that Florida is taking to make the Sunshine State a better place for businesses—up from the third quarter.

As Johnson explained, looking at the gubernatorial candidates proposed plans shows their differences, and provides a clear view of the candidates’ positions on small and local businesses.

“Preparing for the future means continuing to ensure that Florida’s economy is ready and able to create prosperity through high-paying jobs, remain globally competitive, and develop vibrant and sustainable communities,” said Dr. Jerry Parrish, Chief Economist and Director of Research for the Florida Chamber Foundation.  “As we look toward 2030, we must continue to ensure businesses have access to the qualified workforce they need to continue to create jobs, and that all Floridians can pave a path toward economic prosperity.  This quarter’s Small Business Index Survey indicates that Florida’s small businesses remain increasingly concerned about workforce quality- a concern that has been consistently ranked number one for the past eight quarters. “

 

The Florida Chamber’s fourth quarterly statewide Small Business Index  Survey shows small businesses are most concerned about:

  • Workforce quality (26 percent),
  • Government regulations (9 percent),
  • Access to Capital (8 percent),
  • Economic uncertainty (8 percent)
  • Lawsuit abuse (6 percent),
  • Taxes (6 percent),
  • Healthcare costs (6 percent),

 

Of Florida small businesses, 48 percent of respondents expect to hire in the next six months, up from 45 percent last quarter. And 43 percent expect to make investments in plants or equipment, down from 49 percent one year ago.

 

“For the eighth quarter in a row, workforce quality continues to be the top concern of Florida’s small businesses, with government regulations ranking second,” said Glenda Hood, Chair of the Florida Chamber’s Small Business Council, and Founding Partner, triSect. “Florida’s economy is dependent on the small business community, and the Florida Chamber’s Small Business Council remains committed to advocating on their behalf.”

 

About the Survey:

 

The Florida Chamber’s Small Business Index Survey was conducted electronically September 6, 2018 through October 11, 2018. Thirty-nine percent of respondents employ less than five employees, while 43 percent employ five to 49 employees. Click here to view the full report.

 

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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.

 

Third Quarter Small Business Index Survey Reveals Businesses Still Need a Skilled Workforce

TALLAHASSEE, Fla. (July 23, 2018) – Florida job creators continue to grow increasingly concerned about workforce quality, according to the latest Florida Chamber of Commerce Small Business Index Survey. This is the sixth quarter in a row in which employers are concerned about finding skilled workforce to meet open job demands.

Small businesses are also concerned about economic uncertainty – likely a signal that recent activities with tariffs and international trade are causing some concern. This is the second time economic uncertainty has been identified as a top concern this year.

On a more positive note, 31 percent of small businesses indicated confidence in the direction that Florida is taking to make Florida a better place for businesses—up from 21 percent last year.

 

“Florida now has a $1 trillion economy, which shows us Florida continues to create jobs and economic opportunity,” said DR. JERRY PARRISH, Chief Economist and Director of Research for the Florida Chamber Foundation.  “While Florida’s success should be celebrated, we have to be ready to meet future challenges. Businesses continue to tell us that in order to expand and to be more competitive, they need access to a talented workforce.  This quarter’s Small Business Index Survey indicates that Florida’s small businesses are becoming increasingly concerned about workforce quality. As we look to Florida’s future, we must continue to ensure that Florida’s economy is ready and able to create prosperity through high-paying jobs, remain globally competitive, and develop vibrant and sustainable communities.”

 

The Florida Chamber’s quarterly Small Business Index statewide survey shows small businesses are most concerned about:

  • Workforce quality (29 percent),
  • Economic uncertainty (14 percent)
  • Government regulations (9 percent),
  • Lawsuit abuse (9 percent),
  • Healthcare costs (6 percent),
  • Growth Management Issues (6 percent).

Of Florida small businesses, 45 percent of respondents expect to hire in the next six months, and 44 percent expect to make investments in plants or equipment- both good signs for continued expansion of Florida’s economy.

 

“The Florida Chamber’s third quarter Small Business Index Survey shows once again that workforce quality is the top concern for Florida’s small business community, with economic uncertainty ranking second,” said GLENDA HOOD, Chair of the Florida Chamber’s Small Business Council, and Founding Partner, triSect. “The Florida Chamber’s Small Business Council looks forward to working with Florida’s small business community to identify and support solutions that will help address workforce concerns, as well as other challenges.”

 

About the Survey:

The Florida Chamber’s Small Business Index Survey was conducted electronically June 13, 2018 through July 13, 2018. 26 percent of respondents employ less than five employees, while 48 percent employ five to 49 employees. Click here to view the full report.

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Good Jobs for All Means Investing in Florida’s Workforce Colleges

Mark Wilson, Guest Columnist, Pensacola News Journal

As the president of the Florida Chamber of Commerce, my job is to listen to the concerns and needs of Florida employers and then share them with legislators and our governor. One of the biggest concerns I hear is that employers have jobs to fill, yet they cannot find all the talent they need.

Quarter after quarter, results from the Florida Chamber of Commerce’s Small Business Index Survey show finding qualified employees as the top priority for employers across Florida. Right now, right here in Florida, despite a near record low unemployment, we have 261,600 jobs looking for people, and 374,000 people looking for jobs.

Workforce colleges are part of the solution to closing the skills gap, and Floridians need the legislature to follow Governor Scott’s lead and fully invest in the Florida College System.

To help close the gap, higher education institutions and workforce colleges are converting learners into earners. Florida’s universities, research institutions and career academies are preparing students with higher education for the workforce of tomorrow. Meanwhile, workforce colleges are training students – many of whom are economically disadvantaged, working adults and first-generation-in college students – with skills that match Florida jobs.Between now and 2030, two million more jobs will be needed in Florida. In fact, by 2030, 60 percent of jobs will require a post-secondary degree or advanced training.

And innovation and disruptive technologies are increasing the need for stronger skills. Many of these new jobs will require a shift in the skills and competencies of Florida’s workforce.

Simply put, talent is quickly replacing the tax incentive as Florida’s best economic development tool. But with lawmakers threatening to limit access to Florida’s workforce colleges and to cut funding that helps best match student interests with the right job skill training, you might not think improving educational opportunities in Florida is a priority of everyone in the Florida Legislature.

Job creators need our state legislature to put the long-term needs of Florida ahead of short-term fixes, and properly invest in Florida’s College System. Florida’s 28 workforce colleges develop and expand programs and certifications that directly speak to the workforce employment gaps in their region and produce the training and skills necessary to fill the voids.

Limiting investments and placing arbitrary caps on the number of students who can enroll in a workforce college will stifle a region’s ability to grow its labor force and prevent it from being a viable option for companies to relocate and call Florida home.

Florida should continue to strategically align the higher education systems to prepare for Florida’s future growth. By empowering Florida’s workforce colleges to foster innovative programs and certifications for targeted skills development, we can ensure the workforce pipeline will remain strong.

If you’re reading this and you want your kids and grandkids to live and work in Florida, please call your state legislator and ask them to do the right thing and fully fund Florida’s workforce colleges.

Mark Wilson is the president and CEO of the Florida Chamber of Commerce. He can be reached at mwilson@flchamber.com.

Florida Small Business Owners Concerned About Workforce Quality 

 

TALLAHASSEE, Fla. (January 22, 2018) – Ask a Florida small business owner what keeps them up at night and they’ll likely point to the latest Florida Chamber of Commerce Small Business Index Survey, which shows workforce quality and government regulations as the top concerns of Florida’s job creators for the second straight quarter.

“Businesses are telling us, loud and clear, that in order to grow, they need access to a talented workforce,” said Dr. Jerry Parrish, Chief Economist and Director of Research for the Florida Chamber Foundation. “The Florida Chamber Foundation’s recent Florida Jobs 2030 report confirms this research by showing that the future of work is changing, and as this quarter’s Small Business Index once again shows workforce quality is top of mind for Florida’s businesses. Another trend we are seeing is businesses remain concerned about the impact government regulations have on their ability to grow. At the same time, we are seeing business confidence remain high. This signals a confidence in Florida’s economy, one that is echoed in the Florida Chamber Foundation’s newly released Florida Leading Index, which indicates job creation is expected to be substantially higher than the U.S. average.”

 

The Florida Chamber’s quarterly Small Business Index statewide survey shows small businesses are most concerned about:

  • Workforce quality (27 percent),
  • Government regulations (13 percent),
  • Healthcare costs (11 percent),
  • Lawsuit abuse (9 percent),
  • Access to capital (8 percent).

 

Of Florida small businesses, 52 percent of respondents expect to hire in the next six months – up slightly from 48 percent in our Q4 2017 survey.

“Florida’s small businesses continue to face a number of challenges, including increased concerns about workforce quality and government regulations,” said Glenda Hood, Chair of the Florida Chamber’s Small Business Council, and Founding Partner, triSect. “The Florida Chamber’s Small Business Council looks forward to working together to identify and support solutions that will help and grow Florida’s small business community.”

 

About the Survey:

The Florida Chamber’s Small Business Index Survey was conducted electronically December 13, 2017 through January 12, 2018. 30 percent of respondents employ less than five employees, while 41 percent employ five to 49 employees. Click here to view the full report.

 

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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as crucial to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FLChamber.com for more information.

Florida Small Business Owners Concerned About Workforce Talent Latest Florida Chamber of Commerce Small Business Survey Shows

TALLAHASSEE, Fla. (October 23, 2017) – Ask a Florida small business owner what keeps them up at night and they’ll likely point to the latest Florida Chamber of Commerce Small Business Index Survey which shows workforce quality and government regulations continue to be the top concerns of Florida’s job creators.

“Businesses are telling us, loud and clear, that in order to grow, they need access to a talented workforce,” said Dr. Jerry Parrish, Chief Economist and Director of Research for the Florida Chamber Foundation. “The Florida Chamber Foundation’s recent Florida Jobs 2030 report confirms this research by showing that the future of work is changing, and as this quarter’s Small Business Index shows businesses now more than ever need access to a talented workforce. But it’s important to note this Small Business Index shows that businesses are also steadily more concerned about the impact government regulations have on their ability to grow. In order to remain competitive, we should continue to create a business friendly environment that provides businesses the opportunity and resources to grow and succeed.”

The Florida Chamber’s quarterly Small Business Index statewide survey shows small businesses are most concerned about:

 

  • Workforce quality (18 percent),
  • Government regulations (17 percent),
  • Economic uncertainty (12 percent),
  • Healthcare costs (10 percent),
  • Lawsuit abuse (8 percent),
  • Access to capital (6 percent).

 

Of Florida small businesses, 48 percent of respondents expect to hire in the next six months.

“Florida’s small businesses continue to face a number of challenges, including increased concerns about workforce quality and government regulations,” said Tami Fitzpatrick, Chair of the Florida Chamber’s Small Business Council, and Founder and Chief Executive Officer, Entropy Technology Design, Inc. “Florida’s economy is dependent on the small business community, and the Florida Chamber’s Small Business Council remains committed to advocating on their behalf.”

 

About the Survey:

The Florida Chamber’s Small Business Index Survey was conducted electronically September 25 through October 16, 2017. Thirty-three percent of respondents employ less than five employees, while 48 percent employ five to 49 employees. Click here to view the full report.

 

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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.

Florida Small Businesses Increasingly Concerned Most About Workforce Quality and Government Regulations Latest Florida Chamber of Commerce Small Business Survey Shows

TALLAHASSEE, Fla. (July 24, 2017) –  Workforce quality and government regulations are the top issues keeping Florida’s small business leaders up at night, according to the latest Florida Chamber of Commerce Small Business Index survey.

“In the span of two years, workforce quality has climbed from the fifth issue of greatest concern to the top issues of concern,” said DR. JERRY PARRISH, Chief Economist and Director of Research, Florida Chamber Foundation. “The Florida Chamber Foundation’s recent Florida Jobs 2030 report shows that the future of work is changing, and as this quarter’s Small Business Index shows, businesses – now more than ever – need access to a talented workforce.”

The Florida Chamber’s quarterly Small Business Index Statewide Survey Shows Small Businesses are Most Concerned About:

  • Workforce quality (23 percent),
  • Government regulations (16 percent),
  • Economic uncertainty (13 percent),
  • Healthcare costs (10 percent),
  • Lawsuit abuse (8 percent),
  • Access to capital (7 percent).

On the bright side, 70 percent of respondents expect their sales will increase over the next year.

“Florida’s small businesses continue to face a number of challenges, including increased concerns about workforce quality and government regulations,” said TAMI FITZPATRICK, Chair of the Florida Chamber’s Small Business Council, and Founder and Chief Executive Officer of Entropy Technology Design, Inc. “The Florida Chamber’s Small Business Council looks forward to working together to identify and support solutions that will help and grow Florida’s small business community.”

 

About the Survey:

The Florida Chamber’s Small Business Index Survey was conducted electronically June 29 through July 14, 2017. Twenty-nine percent of respondents employ less than five employees, while 42 percent employ five to 49 employees. Click here to view the full report.

 

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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.

Cissy Proctor Talks to Members of the Florida Chamber’s Small Business Council

     

The Florida Chamber’s Small Business Council held its monthly conference call on April 24. Thank you to those of you who were able join us on the call. We appreciated the opportunity to keep small business leaders like you informed on issues impacting Florida’s small business community. During the call Cissy Proctor, Executive Director of the Florida Department of Economic Opportunity, provided an update on Florida’s job growth for January, February and March. Director Proctor also shared that Florida’s job growth outpaced the nation six times over.

Dr. Jerry Parrish, Chief Economist for the Florida Chamber Foundation, provided an overview of the Florida Chamber’s Q2 Small Business Index Survey results, which shows Florida job creators increasingly concerned about workforce quality and government regulations. Dr. Parrish also shared that fewer small businesses have confidence that Florida’s business climate is headed in the right direction.

We also heard from Frank Walker, Vice President of Governmental Affairs, who shared that there is still a lot of uncertainty as it relates to the 2017 Legislative Session, especially in regards to the passage of next fiscal year’s budget. Mr. Walker provided an update on key legislation including prejudgement interest, workers’ comp reform and Assignment of benefits (AOB), as well as the passage of the Florida Chamber-Backed Ridesharing Legislation which embraces innovation, strengthens job growth and provides ridesharing opportunities for Floridians and the 112+ million annual visitors to Florida.

 

Mark Your Calendar: Next Conference Call is May 22, 2017

Small businesses are important to Florida’s growing economy. Please mark your calendars for our next conference call on May 22 at 1:30 p.m. Do not miss this opportunity to join the discussion and make your voice heard. For more information on the Florida Chamber’s Small Business Council or becoming a member of the Florida Chamber, please contact Carolyn Johnson at (850) 521-1235.

Florida Chamber Foundation Chief Economist Presents April By the Numbers

Small Businesses Issues, Job Creation and More

During the Florida Chamber Foundation’s recent By The Numbers, the Florida Chamber Foundation takes a closer look at job numbers found on TheFloridaScorecard.org.

Florida has created 246,100 non-farm jobs over the last 12 months and our state’s unemployment rate has dropped to 4.8 percent. Yet there are still 483,000 Floridians who are unemployed, out of a labor force of more than 10.1 million, and there are currently 242,600 jobs looking for people. For the first time in recent history, we have created more construction jobs (up by 7.9 percent), than leisure and hospitality. The Florida Chambers Foundation’s Chief Economist also discusses the results of the Florida Chamber’s Small Business Index Survey. Watch the video to get an inside look on small business issues, job creation and more.

Government Regulations and Workforce Quality Are Top Concerns Of Latest Florida Chamber of Commerce Small Business Survey

TALLAHASSEE (April 25, 2017) – The latest Florida Chamber of Commerce Small Business Index survey shows Florida job creators increasingly concerned about workforce quality and government regulations.

The Florida Chamber’s Small Business Index statewide survey shows small businesses are most concerned about:

  • Workforce quality (22 percent),
  • Government regulations (16 percent),
  • Healthcare costs (13 percent),
    Economic uncertainty (10 percent – tie),
  • Access to capital (10 percent – tie), and
  • Lawsuit abuse (6 percent).

But perhaps what’s most disturbing is fewer Florida job creators believe have confidence in our state’s business climate.

“Fewer small businesses have confidence that Florida’s business climate is headed in the right direction. Only 15 percent of businesses are confident – that’s down from substantially from 26 percent who indicated they were confident in the previous quarterly survey, and down from 32 percent in the second quarter survey two years ago.”

On the bright side, 70 percent of respondents expect their sales will increase over the next year – up slightly from 68 percent during our last survey.

“Florida’s small businesses continue to face a number of challenges, including increased concerns about workforce quality and healthcare costs,” said TAMI FITZPATRICK, Chair of the Florida Chamber’s Small Business Council, and Founder and Chief Executive Officer, Entropy Technology Design, Inc. “Florida’s economy is dependent on the small business community, and the Florida Chamber’s Small Business Council remains committed to advocating on their behalf.”

 

About the Survey:

The Florida Chamber’s Small Business Index Survey was conducted electronically March 29 through April 14, 2017. Thirty-seven percent of respondents employ less than five employees, while 42 percent employ five to 49 employees. Click here to view the full report.

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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as crucial to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FLChamber.com for more information.
136 South Bronough Street, Tallahassee, FL 32301

Government Regulations and Workforce Quality Small Businesses’ Top Issues

TALLAHASSEE (January 25, 2017) – The Florida Chamber of Commerce today revealed the results of their quarterly Small Business Index survey, which shows “Government Regulations” and  “Workforce Quality” as the top issues small businesses are concerned about.

“Florida’s small businesses continue to face a number of challenges, including increased government regulations, as well as workforce quality,” said TAMI FITZPATRICK, Founder and Chief Executive Officer, Entropy Technology Design, Inc. “The Florida Chamber’s Small Business Council looks forward to working together to identify and support solutions that will help and grow Florida’s small business community.”

“Access to Capital” was the second most frequently cited challenge facing Florida’s small business community, with 13 percent of respondents citing this as their top issue, up from the nine who indicated the same during the third quarter survey. “Healthcare Costs”, followed with the next place on the list, with 10 percent of respondents citing it as their top issue. “Economic Uncertainty followed closely behind as the top issue for 9 percent of survey respondents, and “Lawsuit Abuse” was also claimed by 9 percent of respondents.

“One indicator of the future path of Florida’s economy is the percentage of respondents that expect the economy to improve over the next year – 77 percent, much higher than the 50 percent reported in last quarter’s survey,” said DR. JERRY PARRISH, Chief Economist and Director of Research, Florida Chamber Foundation.

The Florida Chamber’s Small Business Index survey shows:

Top Issues Facing Small Businesses:
  • Government regulations (18 percent – tie),
  • Workforce quality (18 percent – tie),
  • Access to capital (13 percent),
  • Healthcare costs (10 percent),
  • Economic uncertainty (9 percent – tie), and
  • Lawsuit abuse (9 percent – tie).
Sales:

68 percent of respondents expect their sales will increase over the next year.

Respondents:

24 percent of respondents employ less than five employees, 51 percent of respondents employ 5 to 49 employees,
The Florida Chamber’s Small Business Index Survey was conducted electronically December 1 through December 23, 2016. Click here to view the full report.
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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as crucial to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FLChamber.com for more information.

Small Business Survey: Tell Us Which Issues Affect Your Business

Small businesses create two out of every three jobs in Florida, and are the backbone of our state’s economy. The Florida Chamber would like to know what issues are impacting your business. Let us know by providing your feedback on this short survey. As the Florida Chamber works to secure Florida’s future, it’s important to measure the health of our small business. This survey will close on Friday, December 16, 2016. As the voice of business, we also communicate your feedback to the legislature and statewide stakeholders. Your answers will be kept confidential.

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Have You Participated in the Florida Chamber Small Business Council’s Monthly Conference Call?

> Join the Florida Chamber Small Business Council’s monthly conference calls by contacting Carolyn Johnson.

Learn more About the Small Business Council.