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UrduAs federal interest rates climb and the U.S. economy continues to retract, fears of an impending 2023 recession loom large in the minds of Americans. However, as one economics expert notes, the nation may already be experiencing one. “The slowdown…
Tag: Economy
Black Friday 2022 outlook: Cloudy with a chance of solid sales
Analysts are split on projections for this year’s Black Friday. Markdowns could bring a solid haul for consumers and a stronger-than-expected economy may lead to a successful day for retailers. But the consensus seems to be that the biggest shopping…
How Much Will Inflation Really Influence Spending This Holiday Season?
Almost everything is more expensive these days: Gas prices have reached record highs. Grocery prices are through the roof. And as we approach the holiday season, all that inflation leaves little money for extras like entertainment, travel, or shopping — or does it? For the scoop on how inflation will influence the holidays, we checked in with UNLV hospitality professor, tourism researcher, and consumer behavior expert Amanda Belarmino.
UAlbany Faculty Experts Available to Discuss Black Friday, Holiday Stress
ALBANY, N.Y. (Nov. 22, 2022) — With inflation, the rising cost of energy, a potential recession and the ongoing war in Ukraine, there is much in the way of news that can compound the already stress-inducing holiday season in the…
‘Uncertain’ economic outlook includes negative growth in 2023; recession not ruled out
With inflation at a 40-year high and an economy that is growing at a sluggish pace, concerns about a recession are real. But it may be avoided if consumer spending continues to persist and if more workers enter the labor force, according to a forecast released today by the Indiana University Kelley School of Business.
Northern Ireland is poorest performing UK region for productivity
Researchers from Queen’s University Belfast have found that Northern Ireland is the poorest performing UK region for productivity, with a productivity gap of 17% to the UK level.
Leadership Online: Charisma Matters Most in Video Communication
Managers need to make a consistent impression in order to motivate and inspire people, and that applies even more to video communication than to other digital channels. That is the result of a study by researchers at Karlsruhe Institute of Technology (KIT). They investigated the influence that charismatic leadership tactics used in text, audio and video communication channels have on employee performance. They focused on mobile work and the gig economy, in which jobs are flexibly assigned to freelancers via online platforms. The results of the study have been published in The Leadership Quarterly. (DOI: 10.1016/j.leaqua.2022.101631)
UMiami experts available to comment on midterm elections
The University of Miami has various faculty experts available to provide analysis on the 2022 midterm elections. POLITICAL SCIENCE Jennifer Marie Connolly, associate professor, conducts research in the areas of local government, city council politics, and city management. She is…
Notre Dame experts discuss 2022 midterm elections
The 2022 midterm elections will take place Tuesday (Nov. 8). With the country facing the looming effects of violence perpetrated at the U.S. Capitol on Jan. 6, 2021, uncertain economic times, high-profile Supreme Court decisions and hot-button policy issues, Notre…
The future of the labor market and the economy: A conversation with Dan Graff
Daniel Graff is director of the University of Notre Dame’s Higgins Labor Program. Here, he explores the resurgence of unionization efforts, the future of the U.S. labor market and its impact on the economy.
October jobs report: Growth likely, but threats come with Fed interest increases
On Friday, the U.S. Bureau of Labor Statistics will release employment figures for the month of October. The following Cornell University experts are available for interviews. Erica Groshen, senior economics advisor, is a labor statistics expert. She was also the…
How Will the Economy Affect the Midterm Elections?
With the midterm elections three weeks away, Rutgers experts weigh in on how the economy will be a factor with voters. Michael Lahr, Director of Rutgers Economic Advisory Service, Edward J. Bloustein School of Planning and Public Policy While the economy…
Lessons learned from COVID-19 mitigation measures
Researchers analyzed how the expectation of a vaccine influences optimal lockdown measures during a pandemic.
Student debt cancellation is a win-win
President Biden’s plan to forgive between $10,000 and $20,000 of student loan debt for borrowers making less than $125,000 a year is actually a win-win scenario, according to Daniel McKeever, assistant professor in the School of Management at Binghamton University,…
FSU offers experts who can comment as inflation continues to soar
TALLAHASSEE, Fla. — Florida State University offers experts who can comment on economic news, including U.S. government data Wednesday that showed a 9.1% inflation increase in June from a year earlier. The experts include: William Christiansen, the Truist Associate Professor…
How can deficits be avoided at major sporting events?
The World Cycling Championships in Bergen in 2017 had budgeted slightly more than €16.5 million in both revenues and costs. They missed the mark on both counts, and the event incurred a € 5.8 million deficit.
What’s changed in Cuba in the year since the protests?
University of Miami experts versed about the Caribbean nation address what has transpired since the July 11, 2021, anti-government protests.
Belgian researchers explain why people with lower economic status don’t trust politicians as much
The ‘anomie’ concept – that the society is disintegrating and losing moral standards – explains why people with low socio-economic status trust politics less than those with a higher one, concludes a new study published in the scientific journal Social Psychological Bulletin.
CU Social Innovation Hub – Driving Social Science Research towards Social Innovation, Raising the Community’s Quality of Life, Meeting Social Needs
Chula reveals the success of CU SiHub as an incubator for faculty members, researchers, and students to drive research in the social sciences, arts and humanities to create social innovation businesses and social enterprises toward a sustainable society.
Johns Hopkins Experts Available to Discuss the Federal’s Reserve Interest Rate Increase
Johns Hopkins University faculty are available to discuss what the Fed’s three-quarters of a percentage point increase means for consumers, businesses, and the economy.
May Jobs Report: “There’s never been a better time to look for a new job”
The U.S Bureau of Labor Statistics released its jobs report Friday, finding US employers added 390,000 jobs in May and the unemployment rate stayed at 3.6 percent for the third month in a row. The numbers signal to experts that…
Summit looks toward the future of the healthcare workforce
The Stern Future Healthcare Workforce Summit, to be held May 17 at the University of Delaware’s STAR Campus, looks at what the future healthcare workforce could and should be, and how academic institutions and clinical partners can co-design the workforce through interprofessional approaches.
FAU’s LeaAnne DeRigne, Ph.D., Cited in U.S. ‘2022 Economic Report of President Biden’
DeRigne’s research on the importance of paid sick leave benefits cited in President Biden’s report, was published in 2016 in the journal Health Affairs. The study was the first to examine the relationship between paid sick leave benefits and delays in medical care and forgone medical care for both working adults and their family members.
Protests in Sri Lanka unprecedented, unlikely to fade away
Sri Lanka is facing an economic and political crisis, with protesters taking to the streets of the island nation to demand government action and accountability. Daniel Bass is manager of the Einaudi Center’s South Asia Program at Cornell University. His…
Fed tapering could spur investment, increase labor demand
On Nov. 3, the Federal Reserve announced it would begin reducing the pace of its monthly bond purchases, a step toward more normal monetary policy. Erica Groshen is senior economics advisor at the Cornell University School of Industrial and Labor Relations,…
Labor shortages expected to continue in 2022, Kelley economic forecast predicts
Economists at the Indiana University Kelley School of Business expect the U.S. and Indiana economies to remain somewhat resilient amid challenges presented by COVID-19 and supply-chain issues, but labor shortages will continue to be a major concern for many businesses in 2022.
Annual collegiate recruiting survey: Hiring, wages expected to climb
Recruiting Trends 2021-2022, the nation’s largest annual employer survey, released its results on the hiring market for recent college graduates.
Mid-America Growth Climbs as Confidence Plunges
The latest monthly Mid-America Business Conditions Index for a nine-state area indicates strong growth for the region, but at a slower pace.
South Bay Economic Forecast is Optimistic, with Caveats
The 7th annual South Bay Economic Forecast conference at CSU Dominguez Hills explored the economic outlook for the South Bay region, the state of California, and the nation.
Scientists, economists aim to make China agriculture self-sustaining
As the world grapples with reducing atmospheric greenhouse gas, other serious global environmental problems emerge – such as how to feed China’s burgeoning population without warming the planet.
2021 State Latino GDP Report: California
Release of the 2021 State Latino GDP Report: California
Northwestern Kellogg Professor on America’s Failure To Deliver Sufficient Vaccines Worldwide and Why It Will Cost The U.S. Its Global Leadership
MEDIA ALERT – AUGUST 23, 2021 EVANSTON, IL — “While the U.S. is trying to incentivize Americans to get vaccinated, people in developing countries are protesting a lack of access. The U.S. needs to step up its global vaccine sharing, not…
Consumer buying power is more diverse than ever
Asian Americans, African Americans and Hispanics wield formidable economic clout. And companies can no longer take a one-size-fits-all approach to marketing consumer goods and services.
Rapid Response
See how the CSU is addressing the economic consequences of COVID-19.
UT/TT Poll: Texans’ Views on Vaccines, Leadership, Legislation and the Future
The latest University of Texas/Texas Tribune poll showed significant differences along party lines on Texans’ attitudes about COVID-19 vaccines: 79% of Democrats report being vaccinated, compared with 47% of Republicans. And about a quarter of Texans (24%) say they are not planning on getting a vaccine.
Arizona’s economic forecast: Will the state see a rebound in summer tourism?
Despite the Valley’s high temperatures, the appeal of traveling and enjoying leisure activities and entertainment around the state exists and contributes to the state’s overall tourism tax revenue. In 2019, prior to the pandemic, Arizona’s estimated tax revenue from lodging, restaurants and bars, retail and amusement was well over $67 million in June alone, according to the Arizona Office of Tourism. So what’s Arizona’s summer economic forecast for 2021 after a cautious pandemic year?
When the Economy Goes Down, So Does the Quality of Our Diets
According to a new study, adults overall ate more refined grains and solid fats and children increased their intake of added sugar during the recession. The impacts of the downturn were especially pronounced in food-insecure households, where individuals significantly reduced their intake of protein and dark green vegetables while increasing total sugars.
MSU Agriculture Expert on Effect of JBS Attack on Meat Industry
According to Trey Malone, assistant professor of agriculture, food and resource economics at Michigan State University’s College of Agriculture and Natural Resources, JBS is the second-largest producer of beef, pork and chicken in the U.S. If it were to shut…
Mid-America Manufacturing Strong with Record High Price Gains
The Creighton Economic Forecasting Group has conducted the monthly survey of supply managers in nine states since 1994 to produce leading economic indicators of the Mid-America economy. States included in the survey are Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota.
Helping Adults Navigate the Decision to Move Back in With Parents
A recent study offers insight into how adults can navigate the often awkward experience of moving back in with their parents.
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, the Colonial Pipeline has finally restarted operations yesterday evening. The shut down caused panic throughout the East Coast with gas stations experiencing shortages and very…
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 Sheehan Lab for Economic Opportunities (LEO) at the University of Notre Dame is available for comment on the latest federal stimulus package. Using monthly census…
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.