Greater.

Celebrating 186 Years of Growth and Prosperity — December 4, 2024

Together, we’re driving the Greater Memphis region forward, making it a leader in business agility and success. Join the Greater Memphis Chamber in honoring the collaboration, innovation, and transformation that are making Memphis Greater every day.

Register for Our Annual Chairman’s Luncheon

Greater Memphis Chamber

Amy Daniels

Insights: 12 Money Matters to Consider Before Year-end

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Let us first acknowledge that no matter who you are, 2022 has been challenging, money-wise. It has been noticeably hard on investors, too, with some sources asking out loud whether or not this market is worse than 2008. Inflation severely damaged purchasing power and personal savings rates, but may be finally showing some signs of retreat. However, recessionary fears remain on the horizon, complicating financial planning across the board.

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Memphis MSA adds 700 jobs to set new record in August

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MEMPHIS, Tenn. (Tuesday, Oct. 10, 2022) – For the fifth time in six months, the number of people on non-farm payroll in the Memphis metropolitan statistical area hit a new record high in August, according to a new report from the Greater Memphis Chamber’s Center for Economic Competitiveness (CFEC). To read the full report, click here. [Read more…] about Memphis MSA adds 700 jobs to set new record in August

Four expert strategies for business cybersecurity management

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As cyber threats become increasingly sophisticated, the costs associated with data breaches and losses will become even steeper. Research performed by IBM in 2022 showed that, on average, a cybersecurity incident cost businesses an average of nearly $4.4 million – a huge sum for anyone, but particularly crippling for small companies. Deloitte counted higher insurance premiums, damage to customer relationships, and even increases to debt servicing costs among the consequences.

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Greater Memphis sets new record for jobs

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MEMPHIS, Tenn. (Monday, 8/29/22) – Greater Memphis set another jobs record in July 2022 as its leisure and hospitality industry made a complete recovery from Covid-19 pandemic job loss, according to the latest report from the Greater Memphis Chamber’s Center for Economic Competitiveness (CFEC).

Greater Memphis added 3,200 jobs in July 2022 – a 0.48% increase from June 2022 and a 1.4% increase over the pre-pandemic total of February 2020 – to reach a new record-high 667,200 jobs, CFEC reports. The construction industry continues to lead the pandemic jobs recovery with growth of 8.65% over March 2020, followed by the trade, transportation, and utilities industry with growth of 7.7%.

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Coalition led by Workforce Mid-South wins $21.5M Good Jobs grant for Memphis region

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A local coalition led by Workforce Mid-South was today awarded $21.5 million through the U.S. Economic Development Administration’s Good Jobs Challenge to expand economic mobility opportunities across the region. Through the Mid-South Center for Occupational Innovation (MCOI), under the Workforce Mid-South umbrella, this group will establish three transformative one-stop Accelerated Skills Training (AST) Centers serving East Arkansas, North Mississippi, and West Tennessee.

The AST Centers will deliver rapid credentialing opportunities through programs of the same quality as traditional education models but in less time – four to 24 weeks. Three sectoral partnerships, each led by a backbone organization representing the area’s high-growth advanced manufacturing, logistics technology, and construction sectors have been created, formalizing alignment across regional boundaries and state lines and creating the optimal ecosystem for job seekers and employers.

Tennessee is generous in its funding for post-secondary opportunities through Tennessee Promise and Tennessee Re-connect; however, these traditional models are not designed for the adult learner or learners who are not in the traditional linear educational path. Those individuals with financial obligations and families not able to take themselves out of the job market for a prolonged period or to pursue a 12-24 month credential program.

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