In the wake of the 2008 financial crisis, Honig focused on economic recovery by advising legislative leaders on public policy for economic development, as well as introducing new programs to stimulate economic growth and build bridges between world economies. He has been recognized by both President Barack Obama and President Donald Trump for his work in leveraging the power of commerce to build diverse networks to influence public policy at all levels of government for the betterment of international economic development. His work with elected officials, ambassadors, and local, state, and national governments from the U.S. to Israel is an ongoing, central pillar to his worldwide business advocacy.

Honig is a lifelong believer in the power of commerce and education, serving as part of both domestic and international economic development initiatives, including his leadership in hosting U.S.-Israel Business Alliance missions and serving on his home state of New Jersey's Coronavirus Restart and Recovery Advisory Council. Honig founded the Orthodox Jewish Chamber of Commerce, which hosts internationally recognized events such as the annual J Biz Expo and Business Conference, the largest of its kind. He also worked with legislative partners to introduce and pass the first “Economic Development Day” laws in the U.S. with the goal of empowering states and stimulate billions of dollars in revenue and job creation.