Committee for Economic Development

CED is honored to announce the CEO recipients of its 2025 Distinguished Leadership Awards. An annual tradition, the awards honor leaders who demonstrate a strong commitment to providing equal opportunity, building a more civil and just society, and advancing #publicpolicy in the nation's interests. Congratulations to this year’s honorees: Jay Chaudhry, CEO, Chairman, and Founder, Zscaler Joaquin Duato, Chairman and CEO, Johnson & Johnson Stephanie Ferris, CEO and President, FIS Jeff Harmening, Chairman and CEO, General Mills Reshma Kewalramani, MD FASN, CEO and President, Vertex Pharmaceuticals Linda Rendle, Chair and CEO, The Clorox Company The CED Distinguished Leadership Awards Celebration will be held on October 8, 2025, in New York City, where the honorees will be introduced by executives who are distinguished leaders in their own right. Learn more: https://lnkd.in/eXtfaZVR

The #childcare sector continues to be a significant contributor to the US economy, producing extensive spillover effects across various industries. According to CED's recent report: 🔷In 2022, over 1.5 million sole proprietors and wage and salary workers were employed directly within the child care sector. 🔷Workers in the sector earned $32.7 billion in wages, salary, and self-employment income. 🔷The industry also generated $24.1 billion in purchases of goods and services, supporting economic activity across other sectors. 🔷The organized child care sector in 2022 generated a total economic impact of $152 billion and supported 2.2 million jobs. Read the full report: https://lnkd.in/egUb-hit

What is top of the agenda for the new Congress and Administration? What will the first 100 days look like? Join our upcoming webcast for a discussion on: 💡 How the US #economic outlook will influence Congress and the Administration 💡 What key areas of domestic policy Congress and the Administration should address 💡 How #business leaders should seek to exercise leadership in #publicpolicy in this new environment 📢 Speakers include: Ron Klein, former US Congressman; Partner, Holland & Knight LLP; CED Trustee Tom Davis, former US Congressman; Partner, Holland & Knight LLP David Young, President, CED (Moderator) Register here: https://lnkd.in/epWjjD-v

On behalf of CED, we wish everyone a happy holiday season and new year!

#Medicaid provides health insurance coverage for more than 20% of Americans, but as program costs grow, Congress should consider opportunities for reform to put the program on a sustainable financial trajectory and preserve vital benefits for tens of millions of Americans. Our new Explainer provides an overview of Medicaid, including its history and impact, and provides recommendations for policymakers to improve its financial future: https://lnkd.in/eE3u5kD7

Join our upcoming webcast for a discussion on the supply and demand of the #paidchildcare market and its connection to regional #economic growth. States with better child care access show higher #workforce participation, higher household incomes, and lower poverty rates—demonstrating that investments in child care yield significant returns for both families and the broader #economy. 📢 Speakers include: Nicole Barcliff, Senior Policy Director, Local Initiatives Support Corporation (LISC) Jo Kirchner, CEO, Primrose Schools; CED Trustee Mark Snead, President, RegionTrack Kweilin Ellingrud, Senior Partner, Minneapolis, McKinsey Global Institute Director, McKinsey & Company; CED Trustee Cindy Cisneros, Vice President, Education Programs, CED David Young, President, CED (Moderator) Register here: https://lnkd.in/etJzSZGG Read CED's latest report series, Child Care in State Economies: https://lnkd.in/eA_a5eXs

Affordable and accessible #childcare continues to be an economic force multiplier—helping parents stay in the #labor force, reducing #poverty rates, and spurring direct and indirect spending. According to our new report, the organized child care sector in 2022 generated a total economic impact of $152 billion and supported 2.2 million jobs. https://lnkd.in/egUb-hit

With 2025 only a few weeks away, CED is hosting a #CEO roundtable discussion on the #policy priorities for the year ahead. Learn how #geopolitical and #economic challenges are impacting #business strategy in 2025, how CEOs are responding to the rapid advances in #AI, and more. 📢 Speakers include: Anand Eswaran, CEO, Veeam Software; CED Trustee Marc S. Cooper, CEO, Solomon Partners; CED Trustee Stellar Tucker, Head of Technology Corporate and Investment Banking, Truist Securities Dana M Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board David Young, President, CED (Moderator) Register here: https://lnkd.in/epknS4Ns

The Infrastructure Investment and Jobs Act was passed more than three years ago, but many sectors still struggle to use these funds quickly and effectively. As our recent Solutions Brief emphasizes, public-private collaboration is needed to execute planned projects successfully through cost-benefit analysis and the use of best practices. Read more: https://lnkd.in/gQED8bKU

In Chief Executive Group, our president David Young, with Peter Altabef and Reece Kurtenbach, argue business leaders should collaborate with policymakers to ensure the #AI transition occurs in a manner that is safe for users and clearly defined for businesses, while supporting innovation. Read more: https://lnkd.in/e4XedaTF