WASHINGTON, D.C. – The Chamber of Commerce says business is “most trusted institution” over government and media.
As trust in government and media erode business remains a trusted institution for people in the U.S. and around the world, according to the 2022 Edelman Trust Barometer. The survey of people in 28 countries found business is the only trusted institution. The public looks to businesses to address major social problems, because they see them as effective problem solvers.
By the numbers:
65% of those surveyed see business as able to successfully execute successful problem-solving plans, and 55% see them as able to coordinate across institutions. Less than half feel the same about government.
For Americans surveyed, business is more trusted than government (49%-39%). And 74% said they trust their employer to do what is right, up two percentage points from 2021.
Our take: “While confidence has cratered in other parts of our society, Americans continue to trust and rely on business to deliver growth, find solutions, and get things done,” said Suzanne Clark, Chamber President and CEO