Empowering NC Business Leaders: Strategies for Effective Lobbying Under New Governance

DURHAM — Last week, the North Carolina Chamber’s leader had exciting news to share at a lunchtime gathering.

The state’s population and economy are on the rise. Big companies in key sectors are moving in. North Carolina has a strong education system, especially in electric vehicle and pharmaceutical manufacturing, which helps keep new talent in the state. Plus, there’s buzz about the Chamber’s new health care plan for small businesses, set to launch next year.

“We are fortunate in this state,” said Gary Salamido, the president and CEO of the NC Chamber, during the annual economic forecast forum.

But it’s not all smooth sailing. With a new legislative session on the horizon, leaders in North Carolina have a chance to shape future policies. Challenges such as Hurricane Helene’s damage in the mountains persist, impacting tourism and worsening the housing crisis.

In Washington, the incoming presidential administration hints at significant changes in immigration and regulations, which could heavily influence the economy and workforce.

“North Carolina is in a unique position,” Salamido remarked. “We can influence national legislation because of our growing importance. It’s time to think about how we can leverage this for balanced policies.”

Facing Changes in Immigration

Local business leaders are bracing for shifts in immigration policy due to promises of mass deportations at the federal level. Salamido believes this could create significant workforce challenges. He emphasized the importance of finding solutions that ensure both security and accessibility for workers.

“With a growing state, we face a workforce gap,” he stated. “We need to work together across party lines to secure the border while allowing lawful entry for workers.”

Rebuilding After Hurricane Helene

There’s a strong consensus among officials and business sectors: rebuilding western North Carolina must be a top priority. Salamido compared Helene’s impact on the region to Hurricane Katrina’s devastation in Louisiana—a crisis requiring extensive recovery efforts and investment.

The new governor, Josh Stein, is already taking steps by easing regulations and focusing his team on recovery. Business leaders like Peter Gwaltney, CEO of the North Carolina Bankers Association, express optimism about these actions.

“I’m encouraged by the direction and the expertise being brought in,” Gwaltney noted.

New House Speaker Destin Hall (R-Caldwell) has also received praise for his understanding of the issues facing the region. As the legislature reconvenes, discussions around aid for the affected area will intensify.

Debates are underway on how to best assist small businesses. Democrats are advocating for quick grant programs, while Republicans prefer more cautious loan approaches.

“Small businesses are already stretched thin with loans,” Salamido pointed out. “We must think creatively, addressing the needs of individual businesses.”

Confronting Housing Challenges

The aftermath of Hurricane Helene has worsened an already tight housing market in North Carolina. A recent survey reveals the median home price has soared to $419,000, a significant jump from $251,000 in 2020. Only nine counties still list homes for $200,000 or less, with overall availability under 1%.

“This issue impacts all income levels and housing types, including rentals,” said Andrea Bushnell, CEO of NC REALTORS. “Policymakers must act quickly to address the growing housing gap.”

Addressing issues like reducing parking requirements and allowing mixed-use development could help. Salamido has noted that housing and child care are among the Chamber’s top priorities for the year. It’s essential to find solutions before the housing crisis impacts more residents.