June 3, 2019

State Chamber Update

We begin this week with the news of the final, official splitting of Dow, DuPont and Corteva. Corteva will begin trading today and signaled its independence with a “ring the bell” moment to open trading at the New York Stock Exchange this morning. Here is a video from CNBC as Jim Cramer interviews Ed Breen of DuPont and James Collins of Corteva.  

Finally, as we enter the last few working weeks of the Legislative Session, we have encouraged members of the General Assembly to consider setting aside greater amounts of revenue for future use when inevitable economic slowdowns occur. We have also been clear about employer and employee concerns related to the legalization of recreational marijuana and the associated health and safety issues this presents to employers around the state. We will host our End-of-Session Legislative Brunch this week in Dover and reiterate these messages to the assembled policy leaders.  

News You Can Use

This morning construction spending figures for April will be made public, while on Tuesday, April factory order numbers are released. On Wednesday we’ll learn of ADP employment numbers for May and wrap up the week on Friday with unemployment figures for the month of May.

Michael J. Quaranta

President

Delaware State Chamber of Commerce

This 800-acre location in Kent County, Delaware, is a go-to destination for national and international motorsports and music fans. Celebrating it's 50th anniversary this year, Dover International Speedway is better than ever.

DSCC will be at the Hotel & Casino this week for our End-of-Session Legislative Brunch!