{"id":18454,"date":"2022-03-21T20:00:01","date_gmt":"2022-03-21T20:00:01","guid":{"rendered":"https:\/\/bostonchamber.com\/?page_id=18454"},"modified":"2025-06-27T14:50:59","modified_gmt":"2025-06-27T14:50:59","slug":"business-climate","status":"publish","type":"page","link":"https:\/\/bostonchamber.com\/policy-impact\/business-climate\/","title":{"rendered":"Business Climate"},"content":{"rendered":"<style> .banner:before {\r\n        background: linear-gradient(0deg,rgba(0,0,0,.5),rgba(0,0,0,.5)) !important;\r\n    }<\/style><div id=\"ra_id_1647292579\" class=\"banner  standard lazyload\" style=\"background-image:inherit\" data-bg-image=\"url(https:\/\/bostonchamber.com\/wp-content\/uploads\/2023\/01\/117.png)\">\r\n        <div class=\"container  banner-container text-Center\">\r\n            <div class=\"row center-items\">\r\n                                \r\n                <div class=\"col-lg-7\"  >\r\n                                            <p class=\"label special-label\" tabindex=\"0\">PUBLIC POLICY<\/p>\r\n                                                <!-- <p class=\"label special-label\" tabindex=\"0\"><\/p> -->\r\n                    \r\n                    <h1 class=\"underline-text white \" tabindex=\"0\">\r\n                        Business <u>Climate<\/u>                    <\/h1>\r\n                                            <div class=\"xyz\" tabindex=\"0\"><p>Competing for growth in a changing economy <\/p><\/div>\r\n                        <div class=\"banner_event\">\r\n                                                <\/div>\r\n                    <div class=\"banner-btn-wrapper\">\r\n                                                                                <\/div>\r\n                        <!-- <a href=\"#\">Link<\/a>\r\n                        <a class=\"arrow-link\" href=\"#\">Link<\/a>\r\n                        <a class=\"external-link\" href=\"#\">External Link<\/a>\r\n                        <a class=\"more-link\" href=\"#\">More<\/a> -->\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<script type=\"text\/javascript\">\r\njQuery(document).ready(function($){\r\n    setTimeout(function () {\r\n        console.log('here');\r\n\t\t$('#_youtube-iframe-wrapper').show();\r\n\t}, 2000);\r\n});\r\n<\/script>\n\n<style>\r\n    .cta-btn-wrapper{margin-bottom:2rem;margin-top:-10px;}\r\n<\/style>\r\n<section class=\"wysiwyg_block\">\r\n    <div class=\"container\">\r\n        <div class=\"row\">\r\n            <div class=\"col-lg-8\">\r\n            \r\n            <h3 style=\"text-align: left\"><span data-contrast=\"none\">Businesses and employers make our economy.<\/span><\/h3>\n<p><span data-contrast=\"none\">They create jobs, opportunities, and community while generating resilience and vibrancy that is visible in our Main Streets, laboratories, and office buildings. Massachusetts draws employers because of our talented workforce, but with a more mobile workforce than ever before, a competitive business climate has never been more important to our region. <\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Three components contribute to the region\u2019s business climate: costs, the ease of doing business, and the relationship between policymakers and businesses. Businesses and employers evaluate these pillars when making decisions about where to expand, start, or invest.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">High costs, regulatory burdens, and employer mandates that are hard or impossible to meet create conditions for businesses to fail instead of a foundation for them to succeed. Small businesses and other employers with limited mobility options are at an even greater disadvantage when competing against other businesses that can relocate to or hire remote workers in states with more favorable business conditions.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Policy makers\u2019 <\/span><span data-contrast=\"none\">relationship with businesses matters, too. In Boston and Massachusetts, we\u2019re fortunate to have civically engaged employers. They are valuable partners in our communities and get involved in solving public policy challenges. Bringing employers to the table and recognizing the contributions they bring to our region<\/span><span data-contrast=\"none\">\u00a0creates a positive business climate.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n  \r\n            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/section>\n\n\r\n<div class=\"key-diff-section\"  id=\"ra_id_1647362479\">\r\n    <div class=\"container\">\r\n\t\t<div  >\r\n      <h2 tabindex=\"0\">How We Compete <\/h2>\t\t\t\t\t\t<div class=\" col-md-10 key-diff-items-container\">\r\n\t\t\t\t\t\t\t<div class=\"key-diff-item\"><div class=\"key-diff-icon\"><img decoding=\"async\" tabindex=\"0\" data-src=\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/03\/BC_Icons_lt-blue__Business_Climate.png\" alt=\" Cost of Doing Business \" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" style=\"--smush-placeholder-width: 2084px; --smush-placeholder-aspect-ratio: 2084\/2084;\"><\/div><h5 tabindex=\"0\"> Cost of Doing Business <\/h5><p tabindex=\"0\">Mitigate cost drivers and avoid unnecessary new costs to help our region retain and attract employers and talent<\/p>\r\n\t\t\t<\/div><div class=\"key-diff-item\"><div class=\"key-diff-icon\"><img decoding=\"async\" tabindex=\"0\" data-src=\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/03\/BC_Icons_lt-blue__Taxes_and_Good_Government.png\" alt=\"Ease of Doing Business\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" style=\"--smush-placeholder-width: 2084px; --smush-placeholder-aspect-ratio: 2084\/2084;\"><\/div><h5 tabindex=\"0\">Ease of Doing Business<\/h5><p tabindex=\"0\">Maintain competitive, understandable, and consistent tax and regulatory policies<\/p>\r\n\t\t\t<\/div><div class=\"key-diff-item\"><div class=\"key-diff-icon\"><img decoding=\"async\" tabindex=\"0\" data-src=\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2022\/03\/BC_Icons_lt-blue__Advancement.png\" alt=\" Value of Doing Business\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" style=\"--smush-placeholder-width: 2084px; --smush-placeholder-aspect-ratio: 2084\/2084;\"><\/div><h5 tabindex=\"0\"> Value of Doing Business<\/h5><p tabindex=\"0\">Recognize that businesses create jobs, provide tax revenue, and play a leading role in our communities<\/p>\r\n\t\t\t<\/div>\t\t\t\t\t\t<\/div>\r\n            \t\t\t\t\t<\/div>\r\n    <\/div>\r\n<\/div>\r\n\r\n\r\n\r\n\n\n\r\n<div class=\"people-spotlight three-up\" id=\"ra_id_1647526294\">\r\n    <div class=\"container\">\r\n        <div class=\"three-up-heading-wrap\">\r\n        <h4 tabindex=\"0\">The Latest in Business Climate       \r\n        <\/h4> \r\n                <a href=\"https:\/\/bostonchamber.com\/news-insights\/?_policy_focus_area=business-climate\" class=\"tabindex arrow-link\" style=\"float:right;\"><span class=\"icon\"><\/span>See All<\/a>\r\n                <\/div>\r\n        <div class=\"row three-up-slider\">\r\n            <div class=\"col-lg-4 item\"><div class=\"content-wrapper\"><a href=\"https:\/\/bostonchamber.com\/news-insights\/?_news_insight=policy-insights&#038;_topic_filter=public-policy\"><h5 tabindex=\"0\" class=\"cat\">Public Policy<\/h5><\/a><div tabindex=\"0\" class=\"people-img avtar ratio ratio-16x9\"><img decoding=\"async\" tabindex=\"0\" class=\"avtar lazyload\" data-src=\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2023\/08\/chamber-testimony-tax-image-1.png\" alt=\"business climate\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 650px; --smush-placeholder-aspect-ratio: 650\/400;\" \/><\/div><h3 tabindex=\"0\"><span class=\"hightlight\">Chamber Submits Testimony on Data Privacy Legislation<\/span><\/h3><p class=\"special-label\"><\/p><div class = \"desc\">The Greater Boston Chamber of Commerce urges alignment of Massachusetts data privacy legislation with national standards to safeguard consumers and maintain the state&#8217;s competitiveness.<\/div><div class=\"link-wrapper\"><a tabindex=\"0\" href=\"https:\/\/bostonchamber.com\/policy-insights\/chamber-submits-testimony-on-data-privacy-legislation\/\" class = \"stretched-link\">Read Now<\/a><img decoding=\"async\" tabindex=\"0\" alt=\"arrow-go\"\r\n                                data-src=\"https:\/\/bostonchamber.com\/wp-content\/themes\/bostonchamber\/assets\/images\/linkedinarrow.svg\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/div><\/div><\/div><div class=\"col-lg-4 item\"><div class=\"content-wrapper\"><a href=\"https:\/\/bostonchamber.com\/news-insights\/?_news_insight=policy-insights&#038;_topic_filter=public-policy\"><h5 tabindex=\"0\" class=\"cat\">Public Policy<\/h5><\/a><div tabindex=\"0\" class=\"people-img avtar ratio ratio-16x9\"><img decoding=\"async\" tabindex=\"0\" class=\"avtar lazyload\" data-src=\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2023\/08\/chamber-testimony-tax-image-1.png\" alt=\"business climate\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 650px; --smush-placeholder-aspect-ratio: 650\/400;\" \/><\/div><h3 tabindex=\"0\"><span class=\"hightlight\">Chamber Submits FY26 Budget Priorities to Conference Committee<\/span><\/h3><p class=\"special-label\"><\/p><div class = \"desc\">The Greater Boston Chamber of Commerce shares key FY26 budget priorities, commends legislative alignment on workforce and education funding<\/div><div class=\"link-wrapper\"><a tabindex=\"0\" href=\"https:\/\/bostonchamber.com\/policy-insights\/chamber-submits-fy26-budget-priorities-to-conference-committee\/\" class = \"stretched-link\">Read Now<\/a><img decoding=\"async\" tabindex=\"0\" alt=\"arrow-go\"\r\n                                data-src=\"https:\/\/bostonchamber.com\/wp-content\/themes\/bostonchamber\/assets\/images\/linkedinarrow.svg\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/div><\/div><\/div><div class=\"col-lg-4 item\"><div class=\"content-wrapper\"><a href=\"https:\/\/bostonchamber.com\/news-insights\/?_news_insight=policy-insights&#038;_topic_filter=public-policy\"><h5 tabindex=\"0\" class=\"cat\">Public Policy<\/h5><\/a><div tabindex=\"0\" class=\"people-img avtar ratio ratio-16x9\"><img decoding=\"async\" tabindex=\"0\" class=\"avtar lazyload\" data-src=\"https:\/\/bostonchamber.com\/wp-content\/uploads\/2023\/08\/chamber-testimony-tax-image-1.png\" alt=\"business climate\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 650px; --smush-placeholder-aspect-ratio: 650\/400;\" \/><\/div><h3 tabindex=\"0\"><span class=\"hightlight\">Chamber Supports Lowering LLC Filing Fees for Small Businesses<\/span><\/h3><p class=\"special-label\"><\/p><div class = \"desc\">The Greater Boston Chamber of Commerce supports S.307, a bill to reduce LLC filing fees, easing financial burdens for small businesses.<\/div><div 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