‘Fiscal Cliff’ game hurts economy

As the “fiscal cliff” negotiations continue, and policy-makers contend a compromise is most likely out of reach, the 2012 economy ends in disappointment. A Gallup poll shows 54 percent of Americans agree with President Obama’s approach, however there appears to be less confidence that a deal will be reached, affecting the economy. “According to Rasmussen, 70 percent of the American public agrees the United States will experience a recession in 2013 if a deal is not met,” said Ray McCarty, president of Associated Industries of Missouri. “In addition to those who feel a recession is imminent, nearly 30 million taxpayers will have to pay an ‘alternative minimum tax’ and could also face delays in their own tax filings. And, to cap it off, the 2012 holiday retail numbers show the weakest season since 2008. The American public needs confidence. And, the disaster that will occur if a deal is not met is not helping.” To McCarty’s claim, the Associated Press

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Clay County Group Continues Work on Business, Job Loss

Clay County EDC, led by Jim Hampton, continues its efforts to ensure this area and the entire state remain competitive with other regions for job and business development. The Clay County Competitiveness Task Force met Dec. 11 to discuss ways to positively reward companies that help create jobs in Missouri. Increasingly, Missouri is surrounded by areas willing to pursue extreme efforts to attract businesses, cutting revenues to levels many consider unsustainable. Task Force Chairman Pete Hall said the issue is straightforward. “We, the people in this area, have a great concern over the loss of businesses, jobs and development,” he said, noting the elimination of key taxes in Kansas. “If we don’t react, we’re going to lose business, period.” Ray McCarty, Clay County EDC board member and president of Associated Industries of Missouri (AIM), has also been working with the Clay County Task Force. He said AIM is looking for ways to address this problem by rewarding companies that are

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AIM says 6.7 percent unemployment is still too high

According to Missouri Department of Economic Development statistics, Missouri’s unemployment rate fell to 6.7 percent in November. The latest unemployment rate is the lowest it has been in 49 months. Also declining however is Missouri’s employment rate, which decreased by 6,800 in November. “The fact that Missouri’s unemployment rate is the lowest in 49 months is encouraging,” said Ray McCarty, president of Associated Industries of Missouri. “However, because the total number of jobs has also decreased, there is still a need for Governor Nixon and legislators to come together on pro-business legislation that will promote job growth in the Show Me State. Programs like a 50 percent business income tax cut or worker’s compensation reform would give businesses the certainty they need to reinvest in their companies and create jobs.” According to the department’s release, the U.S. unemployment rate for November was 7.7 percent.

Pro Food Systems Expanding…Again!

AIM member Pro Food Systems, Inc., the parent company of Champs Chicken, is expanding again.  Shawn Burcham, president and CEO of Pro Foods, tells their story in a great article that appeared in the December 1 edition of the Columbia Daily Tribune.  Click here to view the article. Pro Food Systems, Inc., the parent company of Champs Chicken, is a program-oriented wholesale food and equipment company specializing in complete deli operations. They provide layout assistance, installation, training, marketing support, service on equipment, and complete distribution to their customers’ stores. They work predominately with convenience stores, supermarkets, and stand alone operations helping retailers establish and operate profitable food outlets. Pro Foods’ cornerstone is the CHAMPS CHICKEN branded program. Check out the Pro Food Systems, Inc. website at http://www.champschicken.com for more information.