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Let's Talk Business

Let's Talk Business

Every Monday at 6:42 a.m. and 8:42 a.m., Rob Gilligan provides information on what's happening in the area of regional development in Southeast Missouri. Rob is the President and CEO of the Cape Chamber. Local support for "Let's Talk Business" is provided by Carved + Crafted Catering. (573) 651-2569
 
  • Spring is officially here and hopefully the spring weather will be pleasant and long lasting this year. The seasonal transition to spring has traditionally implied renewal and refreshment as nature shakes off the dormancy of winter and blossoms anew.
  • Sunday morning at two am we officially moved to “Daylight Savings” as clocks were moved forward one hour. This annual event that first started in Germany in 1916 and began in the U.S. on March 19, 1918 often leads to groggy mornings, tired employees and according to research done at the University of Colorado – Boulder a six percent increase in fatal car accidents.
  • Last week, the Missouri Economic Research and Information Center (MERIC) released the January 2024 jobs report for the state and with-it annual revisions to 2023 estimates. There were some positive trends to watch in our region.
  • Six weeks from today millions of people across North America will turn their gaze towards the sky as a total solar eclipse passes overhead. With Southeast Missouri right in the path of totality that means a big opportunity for visitors and business is coming this way.
  • While we are still technically four weeks away from the official start of Spring, it’s hard not to notice several new businesses springing up here in Cape Girardeau lately.
  • According to the Small Business Administration as of 2024, there are approximately 33.2 million business recognized in the United States. Keeping track of that many organizations for statistical and economic purposes can be overly complicated, luckily, we have an organization system called NAICS to help with the process.
  • Have you ever wondered why some areas seem to be a hotspot for similar businesses? Several restaurants in the same neighborhood, jewelry stores on the same block, or even similar business models opening in the same community. It's not just coincidence – it's called clustering, and it's a game-changer for businesses and communities alike.
  • Last week the Commerce Department reported that U.S. Gross Domestic Product (GDP) increased by a seasonally and inflation adjusted annualized rate of 3.3%, more than double the 1.5% expected by most economist. Positive economic news is a good start to the new year but it’s important for businesses to understand what the headlines mean.
  • New Year’s Day started the clock on a new Federal Law requiring many business entities in the United States to file Beneficial Ownership Information with the Financial Crimes Enforcement Network (FinCEN) within the U.S. Department of the Treasury.
  • January 15, 2024, marks the 95th anniversary of the birth of Martin Luther King Jr. Today is also the third Monday in January, and since November 2, 1983, we recognize this day each year as a national holiday in his honor.