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Chamber highlights tourism and manufacturing as core sectors, flags tech hub and capital access

2117594 · January 16, 2025
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Summary

The Vermont Chamber emphasized tourism and manufacturing's economic weight, described aerospace and advanced manufacturing ties, and said the state should leverage a new tech hub and improve access to capital for scaling businesses.

The Vermont Chamber of Commerce briefed the Senate Economic Development, Housing & General Affairs Committee on Jan. 15 about the economic role of tourism and manufacturing and the need to support business growth and access to capital.

Chamber leaders gave a snapshot of the visitor economy: "It's about 10% of our workforce, $3,000,000,000 in visitor spending every year, $456,000,000 in tax revenue, and that's from over 13,000,000 visitors annually," Mike O'Sullivan…

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