Colonial Pipeline: Pres. Biden’s Cybersecurity Executive Order, Economic Impacts, Gas Shortages & Ransomware Attack: Kogod School of Business Experts Available
WHAT: After almost a week of being shut down due to a ransomware attack,…
Economy
Deborah Frincke: The science of protecting communities
Deborah Frincke, one of the nation’s preeminent computer scientists and cybersecurity experts, serves as associate laboratory director of ORNL’s National Security Science Directorate.
Biden rights the economic ship, but rough waters could loom in the distance
Vaccine distribution, stimulus checks and reopenings have helped to revitalize the economy in the face of the pandemic. But challenges remain, including vaccine reluctance, inflation and the capital gains tax, says University of Delaware economist Jim Butkiewicz.
AN IDEA WHOSE TIME HAS COME
Economic recovery following the pandemic will require an entrepreneurial skill set. Fortunately, the CSU offers inquiring minds a multitude of resources. No wonder CSU alumni are leading the way.
Notre Dame professor who showed stimulus lowered poverty rate early in the pandemic available for comment on new stimulus package
James Sullivan, the Gilbert F. Schaefer College Professor of Economics and co-founder of the Wilson…
Federal investment in small businesses could revive economy after the pandemic
Recent efforts to support businesses reeling from revenues lost during the pandemic, such as grants and loan programs, have been criticized for favoring larger companies. New research finds that federal agencies get more bang for their buck when they channel grant dollars into smaller startups.
Post-COVID Career Success: What it’s Going to Take
New and soon-to-be CSU graduates are well positioned to navigate the post-COVID economy with resilience.
What we don’t understand about poverty in America
What if the idealized image of American society — a land of opportunity that will reward hard work with economic success — is completely wrong?“Poorly Understood: What America Gets Wrong About Poverty,” a new book from Mark Rank, a leading academic expert on poverty, explores this concept.It is the first book to systematically address and confront many of the most widespread myths pertaining to poverty.
WVU responds to data revolution with new major
The world is in the midst of a data revolution. From how we shop to how we vote and all decisions in between, there is a growing need for professionals trained to use modern data analysis to solve everyday problems. To meet these 21st century workforce demands, WVU is launching a new undergraduate data science major.
WashU Experts: We need economic rescue, and we need it now
After months of failed negotiations that left many Americans, businesses and a further weakening economy in the lurch, lawmakers are scrambling the week before Christmas 2020 to reach a deal on an economic stimulus plan that could top $900 billion. If Congress passes the deal, will it do enough to help struggling Americans and businesses stay afloat?To answer that question, three business and economics experts at Washington University in St.
North Carolina’s Economic Forecast: Steady growth for 2021
North Carolina’s economy – which experienced its biggest decline since the Great Depression – will bounce back in 2021, according to John Connaughton, director of the Barings/UNC Charlotte Economic Forecast.
UCI, Tsinghua U.: California’s 2018 wildfires caused $150 billion in damages
Irvine, Calif., Dec. 7, 2020 — In 2018, California wildfires caused economic losses of nearly $150 billion, or about 0.7 percent of the gross domestic product of the entire United States that year, and a considerable fraction of those costs affected people far from the fires and even outside of the Golden State. For a study published today in Nature Sustainability, researchers at the University of California, Irvine, China’s Tsinghua University and other institutions combined physical, epidemiological and economic models to gain a more comprehensive understanding of the impact of the blazes.
Rutgers Economist Available to Discuss November Jobs Report
Rutgers economist William M. Rodgers is available for interviews on the November jobs report from…
November jobs report to continue trend of stalled recovery
On Friday the Bureau of Labor Statistics will release its monthly jobs report for November…
IU experts available to comment on economic challenges facing President-elect Biden
INDIANAPOLIS and BLOOMINGTON, Ind. — Strengthening the U.S. economy is among the top priorities for…
Filling in the blanks
The West Virginia Social Survey focuses on the most pressing challenges faced by West Virginia residents. It will produce state-specific reports on issues like internet access, the economy, health, crime, volunteering, religion and more, which can help inform policymakers.
Masks don’t just save lives, they also boost economy
The economy and coronavirus pandemic were two of the top issues for voters in the 2020 election, according to exit poll surveys. Notably, 52% of voters said controlling the pandemic was more important, even if it hurts the economy. But what if we didn’t have to choose?
GDP gain to have ‘zero effect’ on voters, local pain matters most
The U.S. Bureau of Economic Analysis will release the third quarter gross domestic product (GDP)…
New Jersey, Nation Surpass Halfway Employment Recovery Mark
New Jersey gained back half of the jobs lost due to the coronavirus pandemic but a wide disparity remains between higher-income professionals working at home and lower-wage support workers still bearing the brunt of the economic downturn that has gripped the nation, according to a new Rutgers report.
Expert: 2020 election and the economy
President Donald Trump has consistently touted the economy’s pre-COVID-19 success and recent rebound as one of his greatest successes as president, if not one of the greatest economies in U.S. history. But how strong is the economy really? And how much of that success can be attributed to the president? Three experts from the Olin Business School at Washington University in St.
The economy’s current two-speed recovery is leaving behind more job sectors while waiting for fiscal stimulus from Congress, U of R economist says.
“I would emphasize three things about the present state (and future) of the economy,” says…
More than 1.3 million jobs, $82 billion in wages directly tied to Great Lakes
The Great Lakes support more than 1.3 million jobs that generate $82 billion in wages annually, according to a new analysis of 2018 economic data by Michigan Sea Grant.
A circular economy could save the world’s economy post-COVID-19
The Covid-19 pandemic has challenged all facets of human endeavours, and seven months later the economic effects are particularly being felt
Most Nations Failing to Protect Nature in COVID-19 Pandemic Recovery Plans
The COVID-19 pandemic provides an opportunity to reset the global economy and reverse decades of ecosystem and species losses, but most countries are failing to invest in nature-related economic reforms or investments, according to a Rutgers-led paper.
Presidential Debates in a Highly Polarized America: UNLV Expert Available
The COVID-19 pandemic. Race relations. The Supreme Court. The economy. When President Donald Trump and former Vice President Joe Biden meet for the first of three presidential debates on Tuesday night, millions of viewers are expected to tune in. But will America really be listening? Given the country’s all-time high partisanship and the extremely tiny pool of voters who have yet to make up their minds five weeks out from the 2020 general election, analysts are putting in their bets on the influence of televised debates and the chances of actually swaying voters.
Q&A: What’s in store for retailers during a pandemic holiday season?
The 2020 holiday season, much like the majority of the year, will be like none other before. But what does this mean for retailers? Simone Peinkofer, assistant professor of supply chain management at Michigan State University’s Eli Broad College of Business, discusses what holiday consumerism may look like for consumers and retailers alike.
Drones deliver time savings to customers, new revenue to businesses
A new economic impact study from Virginia Tech suggests that drone delivery could offer a significant economic boost in communities.
Real-time estimates show poverty rose after government benefits expired
Research from Notre Dame shows poverty rose a full percentage point from 9.4 percent in the period from April to June to 10.4 percent for July and August.
Rutgers-Led Project Will Buy 76,000 Oysters From Farmers Struggling During COVID-19 Pandemic
New Brunswick, N.J. (Sept. 10, 2020) – A Rutgers-led project will buy 76,000 oysters from…
Land Development in New Jersey Continues to Slow
Land development in New Jersey has slowed dramatically since the 2008 Great Recession, but it’s unclear how the COVID-19 pandemic and efforts to fight societal and housing inequality will affect future trends, according to a Rutgers co-authored report. Between 2012 and 2015, 10,392 acres in the Garden State became urban land. That’s 3,464 acres a year – far lower than the 16,852 acres per year in the late 1990s and continuing the trend of decreasing urban development that began in the 2008 Great Recession.
New Study Examines Impact of COVID-19 Pandemic on Nevada Unemployment
UNLV political science professor John Tuman is available to speak about the findings of his…
Sandia Science & Tech Park spurs economic growth
A new, independent report has concluded that the Sandia Science & Technology Park contributed significantly to the local economy in 2018-19 by adding 310 jobs and generating increases in economic activity and tax revenue to the city and New Mexico.
Indigenous People Vital for Understanding Environmental Change
Grassroots knowledge from indigenous people can help to map and monitor ecological changes and improve scientific studies, according to Rutgers-led research. The study, published in the Journal of Applied Ecology, shows the importance of indigenous and local knowledge for monitoring ecosystem changes and managing ecosystems. The team collected more than 300 indicators developed by indigenous people to monitor ecosystem change, and most revealed negative trends, such as increased invasive species or changes in the health of wild animals. Such local knowledge influences decisions about where and how to hunt, benefits ecosystem management and is important for scientific monitoring at a global scale.
Grant fuels digital transformation, applied learning opportunities
Wichita State University was awarded a $250,000 grant from the Advanced Robotics for Manufacturing Institute, which is funded by the U.S. Department of Defense, to build a workforce development database.
AMLO’s White House visit shows Mexico’s dependence on U.S.
President Andrés Manuel López Obrador of Mexico (often referred to as AMLO) will join President…
WashU Expert: Eviction moratoriums are incomplete solution
Millions of tenants are at risk of eviction as protections in the CARES Act are set to expire. While the U.S. Congress and Senate are proposing plans to extend the federal moratorium on evictions, a finance expert at Washington University in St. Louis warns that is just one piece of the puzzle.
Wall Street Bracing for a Democrat Sweep. (Expert Available)
With President Donald Trump trailing Joe Biden by wider and wider margins in recent weeks,…
Ending coronavirus lockdowns quickly can be more costly than relaxing them gradually
Irvine, Calif., June 3, 2020 — “We’re all in this together” is a commonly heard phrase during this global pandemic, as much of the world practices social distancing. And now researchers at the University of California, Irvine and other institutions have shown that there is some scientific validity to this assertion. In a study published today in Nature Human Behaviour, Chinese, European, American and British researchers demonstrate that the number of countries implementing COVID-19 lockdown measures – and the duration of those efforts – have a greater influence on the gross domestic products of nations than the severity of the restrictions.
COVID-19 Healthcare Coalition Launches COVID-19 Decision Support Dashboard
The new COVID-19 Decision Support Dashboard synthesizes large amounts of complex, essential data into easy-to-use key findings for public and private-sector leaders navigating the “reopening” of communities and businesses.
Drop-off in consumer spending to drive first quarter GDP losses
The U.S. Bureau of Economic Analysis will release a revised estimate of gross domestic product…
@umichsph expert offers 5 steps employers, employees need to take to reopen businesses #coronavirus
ANN ARBOR—Businesses across the nation are preparing to start reopening their workplaces. Rick Neitzel, an expert on occupational and environmental health at the University of Michigan’s School of Public Health, outlines five steps that employers and employees can take together to return to work in the safest manner possible.
Oyster Farming and Shorebirds Likely Can Coexist
Oyster farming as currently practiced along the Delaware Bayshore does not significantly impact four shorebirds, including the federally threatened red knot, which migrates thousands of miles from Chile annually, according to a Rutgers-led study. The findings, published in the journal Ecosphere, likely apply to other areas around the country including the West Coast and Gulf Coast, where oyster aquaculture is expanding, according to Rutgers experts who say the study can play a key role in identifying and resolving potential conflict between the oyster aquaculture industry and red knot conservation groups.
Do we have to choose between economy and public health in the era of COVID-19? University of Redlands economist says no.
“One of the fundamental issues raised by COVID-19 has been whether the economy is at…
State actions played lesser role in COVID-19 economic damage
Actions by state governments to try to limit the spread of COVID-19 played only a secondary role in the historic spike in U.S. unemployment in March, according to new research.
Can we estimate the time until the next recession?
A new study of economic recession patterns finds that the likelihood of a downturn was high even before the onset of the Coronavirus crisis.
Wayne State researchers complete analysis on testing and reopening under COVID-19
A team of Wayne State University researchers has completed an analysis that studied specific industry characteristics as alternatives to guide industry openings in a way that lowers contagion risks and maximizes economic benefits until broader testing becomes available and the efficacy and reliability of immunity testing is achieved. The scope for physical distancing and remote work will vary by industry and region. The team’s study focused on Michigan and metropolitan Detroit, a hot spot for COVID-19.
April Mid-America Business Index tumbles to recession level
The monthly Creighton University Mid-America Business Conditions Index is a mathematical average of indices for new orders, production or sales, employment, inventories and delivery lead time. This is the same methodology, used since 1931 by the Institute for Supply Management. The Mid-America report is produced independently of the national ISM.
Coronavirus and the Economy: 5 Big Questions on the Stunning Collapse and Enormous Response
The coronavirus pandemic has devastated large portions of the global economy and spurred an enormous government response to stem the fallout. Darden Professor Kinda Hachem considers the state of the U.S. economy and the extraordinary efforts underway to prevent further collapse.
Massive decline in first quarter GDP signals much worse lies ahead, Notre Dame expert says
On April 29, the U.S. Department of Commerce announced the economy shrank at a 4.8…
COVID-19 crisis should push businesses to dual-source supply chains
With the COVID-19 pandemic disrupting the complex system of global supply chains, an expert from…