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,…
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.
Recruiting Trends 2021-2022, the nation’s largest annual employer survey, released its results on the hiring market for recent college graduates.
The latest monthly Mid-America Business Conditions Index for a nine-state area indicates strong growth for the region, but at a slower pace.
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.
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.
Release of the 2021 State Latino GDP Report: California
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…
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.
See how the CSU is addressing the economic consequences of COVID-19.
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.
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?
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.
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…
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.
A recent study offers insight into how adults can navigate the often awkward experience of moving back in with their parents.
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, one of the nation’s preeminent computer scientists and cybersecurity experts, serves as associate laboratory director of ORNL’s National Security Science Directorate.
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.
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.
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…
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.
New and soon-to-be CSU graduates are well positioned to navigate the post-COVID economy with resilience.
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.
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.
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 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.
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 William M. Rodgers is available for interviews on the November jobs report from the U.S. Labor Department to be released Friday, Dec. 4. “I expect to see job growth, but it will be below expectations and will indicate…
On Friday the Bureau of Labor Statistics will release its monthly jobs report for November 2020. Russell Weaver, an economic geographer with Cornell University’s School of Industrial and Labor Relations (ILR) Buffalo Co-Lab says businesses in New York, especially in…
INDIANAPOLIS and BLOOMINGTON, Ind. — Strengthening the U.S. economy is among the top priorities for President-elect Joe Biden. The U.S. Congress is gridlocked over a stimulus to support Americans struggling with unemployment, evictions and utility shut-offs tied to or exacerbated…
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.
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?
The U.S. Bureau of Economic Analysis will release the third quarter gross domestic product (GDP) report on Thursday, five days before the election. Christopher Way, associate professor of government at Cornell University, studies the political business cycle and focuses on the…
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.
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.
“I would emphasize three things about the present state (and future) of the economy,” says University of Redlands Economist Nathaniel Cline. “First, the ‘low hanging fruit’ of recovery is picked. That is, simply lifting restrictions (if it were even safe…
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.
The Covid-19 pandemic has challenged all facets of human endeavours, and seven months later the economic effects are particularly being felt
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.
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.
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.
A new economic impact study from Virginia Tech suggests that drone delivery could offer a significant economic boost in communities.
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.
New Brunswick, N.J. (Sept. 10, 2020) – A Rutgers-led project will buy 76,000 oysters from New Jersey oyster farmers who are struggling to sell the shellfish following the shutdown of restaurants and indoor dining as a result of the COVID-19…
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.
UNLV political science professor John Tuman is available to speak about the findings of his new study examining the impact of the COVID-19 pandemic on labor market conditions in Nevada. The research, published last week in the Early View section…
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.
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.
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.