Economy
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.
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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.
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@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.
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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.
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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.
Read moreCan 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.
Read moreWayne 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.
Read moreApril 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.
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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.
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