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Carney talks economy with Rehoboth-Dewey chamber

Cape Gazette of Lewes, Delaware

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U.S. Rep. John Carney says Delaware's economy is changing, and government must create conditions that foster emerging businesses.

Speaking to members of the Rehoboth Beach-Dewey Beach Chamber of Commerce, Carney said DuPont's recent merger with Dow, and the resulting loss of 1,700 manufacturing jobs in New Castle County, is emblematic of the state's turn from manufacturing to an economy based on tech and financial services.

"It's a time of transition like no other in our state's history," Carney said March 30 at Kings Creek Country Club.

Delaware has been able to weather the transition thanks to the growth in the financial services industry, with the tech industry growing up behind it, he said. Carney, who is seeking to run for governor on the Democratic ticket, said the shakeup at DuPont was a wake-up call for the state.

"This is the competition that we are in. We are in a global economy where we as a country are competing with countries around the world and we, as the little state of Delaware, we compete with every state in the country. So we have to be playing at the top of our game," he said.



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Original Publication Date: April 8, 2016



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