• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Salesforce.com CEO: The U.S. recovery is stronger than you think

By
Marc Benioff
Marc Benioff
Down Arrow Button Icon
By
Marc Benioff
Marc Benioff
Down Arrow Button Icon
January 31, 2014, 8:07 PM ET

FORTUNE — If I had written a title for President Obama’s State of the Union address this week, it would be called “America Rising.” When he leaves office in 2017, the U.S. will have experienced a period of critical economic recovery. By the end of 2016, Fannie Mae estimates the housing market will grow more than 17%, and the Federal Reserve estimates that the unemployment rate will be well below 6%. GDP is expected to grow at 3%, while Standard & Poor’s 500 index has already seen a phenomenal gain of more than 150%. And more positive news is coming for America: We will have pulled ourselves out of the recession, and our economy will be back on track.

At its annual meeting last week, leaders at the World Economic Forum in Davos, Switzerland, articulated that the U.S. innovation trinity of technology, energy, and housing is prepared to drive our domestic economy well into the next decade. The software economy alone is already responsible for creating approximately half a million jobs in the U.S. And the advancements in next-generation domestic hardware manufacturing will create even more. For example, the new Apple Mac Pro (AAPL) is made in Texas — not Asia — for the first time in a decade. Through concentrated re-shoring efforts, we are bringing jobs back to the U.S. — especially in manufacturing and energy. This was unheard of five years ago.

MORE: Inequality: America’s great destroyer

The plan is working and we have consistent momentum. But we all still have a lot of hard work ahead of us. It is paramount that we focus on our domestic affairs, including education from pre-kindergarten to university, as well as deficit reduction, H-1B visa expansion, and patent reform. As business leaders, we need to collaborate with Washington, and take responsibility for the rebuilding of our local communities. We must all contribute our ideas, time, and resources to improve the lives of everyone in our local communities for the economy to continue to improve.

Now, more than ever, we must harness this period of economic growth to improve the lives of all Americans.

America is rising, with certainty.

Marc Benioff is chairman and CEO of salesforce.com (CRM).

About the Author
By Marc Benioff
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in

Personal Financemortgages
Current mortgage rates report for Jan. 12, 2026: Rates hold mostly steady after dip
By Glen Luke FlanaganJanuary 12, 2026
2 hours ago
Personal FinanceReal Estate
Current ARM mortgage rates report for Jan. 12, 2026
By Glen Luke FlanaganJanuary 12, 2026
2 hours ago
Personal FinanceReal Estate
Current refi mortgage rates report for Jan. 12, 2026
By Glen Luke FlanaganJanuary 12, 2026
2 hours ago
Economyjerome powell
Stock futures slide while gold and silver jump after Powell investigation raises fears over the Fed’s independence
By Eva RoytburgJanuary 11, 2026
7 hours ago
EconomyFederal Reserve
DOJ probe on Powell draws swift backlash from Congress as key GOP senator says he won’t confirm anyone for the Fed until case is resolved
By Jason MaJanuary 11, 2026
7 hours ago
Economyjerome powell
Powell blasts DOJ criminal probe as attack on Fed independence. ‘Public service sometimes requires standing firm in the face of threats’
By Jason MaJanuary 11, 2026
8 hours ago

Most Popular

placeholder alt text
Economy
Trump may be raising your taxes with his tariffs but he could actually cut inflation with them, too, SF Fed says
By Jake AngeloJanuary 6, 2026
5 days ago
placeholder alt text
AI
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it again
By Nick LichtenbergJanuary 11, 2026
15 hours ago
placeholder alt text
Economy
A Supreme Court ruling that strikes down Trump's tariffs would be the fastest way to revive the stalling job market, top economist says
By Jason MaJanuary 11, 2026
13 hours ago
placeholder alt text
Economy
As U.S. debt soars past $38 trillion, the flood of corporate bonds is a growing threat to the Treasury supply
By Jason MaJanuary 10, 2026
2 days ago
placeholder alt text
Success
Gen Z are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
By Preston ForeJanuary 9, 2026
3 days ago
placeholder alt text
Health
Bill Gates warns the world is going 'backwards' and gives 5-year deadline before we enter a new Dark Age
By Eleanor PringleJanuary 9, 2026
3 days ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.