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Table of Contents

From the Desk of Laura Crawford

From the Chairman of the Board

Can America Solve Its Problems?

New Restaurant/Hospitality Alliance

No Time for Crying in Our Soup

Thank You

Members in the News

 


 

From the Desk of Laura Crawford...

“The May retail sales data show that seasonally adjusted annualized spending on gasoline increased just $1 billion. Personal income that month, not counting the stimulus spending checks, increased $4 billion. Incomes outpaced the additional drain from higher gas prices,” - Dick Green, President & CEO of briefing.com

The stock market finished 1.8% lower Wednesday, closing near its worst level of the session.  The downturn brings the stock market within a hair of a 20% downturn from its high, reached last October - briefing.com

In recent weeks, a decline would have been seen as a decline, which is to say it would have been interpreted as bad news.  In this case, though, the market rallied on better-than-feared news, which was a tacit sign that sentiment had hit a level that was overdone on the down side - briefing.com

Is it any wonder we don’t know if we’re in a depression, recession, slump, boom or collapse?  The quotes above were posted on the very same market analysis website, on the same day.  The bottom line is that we’re living in extraordinary times and our economy is transitional at best. What it will transition into is yet to be determined.  Because the current circumstances are unprecedented, history helps us little. We can be certain that as American business people, we don’t and won’t give up - we persevere. 

Actually, you have very little choice but to persist.  Your families and your employees’ families depend on you to carry on.  This is the time to use your Chamber!  This is time to support the businesses that support your community!  And whatever you do, don’t stop marketing your business.

Your Chamber offers many economical marketing venues.  Our website, downersgrove.org continues to be a primary resource for residents and non-residents to find businesses located in our centrally situated Village.  If you haven’t already listed three categories for your business, added an email link, website link, map or logo link – what are you waiting for?  Our website offers something for everyone at every price point –from highlight packages to home page banner ads.

Whether your target is the new resident or new business – we have a personalized and affordable greeter program to introduce your business.  If it’s a special program or event you’re offering, get the word out in our weekly email venues.  BizWord is sent to over 1100 people each Monday and the Member2Member Update is the perfect venue to advertise your special program.

Info@downersgrove.org, sent to all of our members every month, is full of pertinent Chamber information and provides a monthly calendar of our meetings and events.  It offers economical marketing through inserts or ads on the center spread right next to calendar, commonly displayed in our members’ office area the entire month.

Our newest publication, IN Downers Grove, an annual magazine is currently being sold.  With input from many members, we determined price points that will fit in everybody’s budget, starting at only $250 to be in a 9” x 12” full color Downers Grove lifestyle magazine distributed to every household and business in the Village.  Don’t miss this opportunity.   

If you can’t already tell, the message of this column is to USE your MEMBERSHIP to help YOUR business succeed.  Eventually, these extraordinary economic times will transition.  I don’t pretend to be an economic specialist, but what I do know is that this is the worse time to hold back on your marketing budget.  Let your Chamber earn your business!

lcrawford@downersgrove.org   630-968-4050 x14

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From the Chairman of the Board

The Chamber Board of Directors is eagerly considering new potential Board Members.  However, if you are considering how to become more involved in your Chamber, there are several ways beyond serving on the Board of Directors.

The Chamber Committees and Networks offer a place to ‘get your feet wet’ as a leader in this proud organization.  We are looking to our Members to fill the important roles of Chair of Committees such as Legislative and Ambassadors.  These two groups are deeply involved in advocacy, whether it is on the legislative level or being a sounding board for the Membership.  The Chairs of these two Committees play a strong role in representing the Chamber to not only the public, but perhaps more importantly, to you, our Membership.

There are also a host of leadership positions within the Chamber Networks and Referral Groups such as the Young Professionals Network, the Women’s Business Council, Business Roundtable, Not-for-Profit Network, and the Women2Women Referral Group.  If you have a particular interest, getting involved with these dynamic groups offers a chance to further your leadership skills and build your network. 

I look forward to welcoming our new leadership at the Black & White Ball presented by D3 Financial Counselors on September 20 at the Esplanade Lakes by DoubleTree. I hope you consider stepping into these big shoes!

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Can America Solve Its Problems?

By Thomas J. Donohue, President and CEO, U.S. Chamber of Commerce
July 8, 2008
Underneath Americans' joy and hoopla while celebrating the Fourth of July was deep-seated doubt about America's ability to compete and win in a rapidly changing world.

Pick up any paper or watch any newscast and you're sure to see a commentator saying that America is in decline and is incapable of fixing its problems. New York Times columnist Thomas Friedman says forget Iraq and Afghanistan; we need nation building right here in America, and nothing else really matters. Newsweek commentator Fareed Zakaria captures American anxiety in his new book. He notes that the world's tallest building is in Taipei. Its largest publicly traded company is in Beijing. Its biggest refinery is being constructed in India, and so on.

Writer Victor Davis Hanson asserts that building things is a good indication of a society's relative confidence. He points out that we haven't built a new refinery or nuclear power plant in 30 years. Seven years after 9/11, we've barely broken ground on the replacement for the World Trade Center.

Indeed, more than 80% of the public think that America is on the wrong track. There is a growing sense that America's political leaders are unable to meet our most pressing challenges.

And we do have a lot of challenges! The economy is straining under the combined weight of record-high oil, gas, and commodity prices and a depressed housing market. Our immigration, education, and infrastructure systems need fixing. We are failing to properly educate and prepare our own students even as we drive foreign-born workers with badly needed skills into the hands of our competitors. Health care costs continue to gobble up more and more of our wealth. We lack a national energy strategy. The list goes on.

This isn't news to the U.S. Chamber. We've been far out in front of the media and politicians in identifying the major problems facing America. And we've been among the first to propose concrete, workable solutions.

We were--and are--among those that believe that America's greatest days are ahead ... that the can-do spirit, entrepreneurship, risk taking, and know-how of the American people is second to none.

The Chamber has a program to position America to compete and win in the 21st century. We call it our competitiveness agenda, and it is at the center of everything we do. There is no more important mission than strengthening the competitiveness of the U.S. economy so that all hardworking Americans can prosper and enjoy the benefits of the American Dream.

Learn more about our competitiveness agenda.
Originally published 8 July 2008. Reprinted by permission, uschamber.com, July 2008.
Copyright© 2008, U.S. Chamber of Commerce.

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New Restaurant/Hospitality Alliance

Are you IN? The Chamber, Downers Grove Economic Development Corporation, and Downers Grove Downtown Management Corporation invite you to join the newly created Restaurant/Hospitality Alliance.  The Downers Grove Hospitality Alliance is a great opportunity for area Members to network with other Downers Grove food and beverage businesses. The Alliance is here to support and assist our Members by providing a forum for ideas, a networking arena, and a marketing engine. Take advantage of this opportunity to stand out in the competitive marketplace! 

The next meeting is July 21 from 2:00 to 3:00 pm at the DoubleTree Guest Suites & Conference Center in Downers Grove.  Visit HERE for more details and to RSVP.

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No Time for Crying in Our Soup

By Thomas J. Donohue, President and CEO, U.S. Chamber of Commerce
July 15, 2008

Some in the business community--indeed, many of our citizens--are worried about the future. They see America challenged like never before. They see the inability of our elected officials to tackle big problems. They see a loss of business support in Congress after the November elections.

So what should we do? We have choices. Regarding our ailing economy, we can choose to blame our foreign competitors for being smarter, faster, and more efficient than ever. But, we should really be pointing the finger at ourselves. We have saddled our economy with burdensome and costly regulations, failed to pass a national energy strategy, allowed our schools to fail our kids, let our infrastructure crumble, and given lawyers free reign to pursue frivolous lawsuits.

We could choose to cry in our soup. We could throw up our hands and say we'll never win a pro-business majority in Congress ... we'll never be able to compete with the likes of China and India ... we'll never have another “American Century.” But this country has never surrendered to defeatism, and we shouldn't start now.

There's another choice for the business community--we can marshal our resources, drive a positive agenda, and actually get something done. But we need a plan. The U.S. Chamber has one.

We have a competitiveness agenda designed to position America to compete and win in the 21st century. And we have a plan to implement it during what is sure to be a very tumultuous time leading up to, during, and immediately after the elections.

Between now and the elections, we'll continue to educate presidential and congressional candidates and the voters and put our issues at the center of the political debate. We're also going to work very hard to educate voters about their choices in congressional contests and judicial and attorney general races.

After the elections, we're going to be prepared to support good measures while vigorously opposing bad ones, keeping in mind that new governments come in with a head of steam and that their supporters expect payback.

What we can't afford to do is get out of the game or give into pessimism. Now, more than ever, we need to fight with all of our resources to win the public debate on key issues that will impact America's competitiveness, the prosperity of our workers, and our place in the world for decades to come. Business is the one thing in this country that really works. We must lead the way.
Originally published 15 July 2007. Reprinted by permission, uschamber.com, July 2008.
Copyright© 2007, U.S. Chamber of Commerce.

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Thank You!

Jon Young and the DuPage Dragons Collegiate Baseball for hosting the Health & Wellness Expo. Thomas Cunningham, Exodus Technology Services, Inc. and Jennifer Murray, J. Murray & Associates, Inc. for their assistance with the Chamber table at the Expo.

Norb Farnaus, Farnaus & Associates and Mike Peters, Abacus Rex, for representing the Business Roundtable Network at the July General Membership Luncheon

Connie Laidlaw of the Indian Boundary YMCA for presenting to the Business Roundtable.

For marching in the Independence Parade:

John Page, Vistage International

Frank Moran and family, Illinois Time Recorder

Jim Elliott & Dawn Engler, Diveheart Foundation

Jim Tishkowski and family

Greg Bedalov, Downers Grove Economic Development Corporation

Cuppie, Dunkin' Donuts

State Representative Patti Bellock and State Senator Dan Cronin for presenting an update on Springfield at the Legislative Committee. Dave Fieldman, Acting Village Manager for giving a detailed presentation of the Belmont Underpass project at the same meeting.

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Members in the News

Midwestern University promoted Barb Wysocki to the position of Director of Development and Alumni Relations.

Nick Kukulski has joined O'Malley & Associates as an investment and financial specialist.

Do you have news, announcements, awards, or new staff?  Send items to Heather Prince at hprince@downersgrove.org.

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