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.
Tag: Economy
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 odds with public health. This has generally been framed as a tradeoff in which the more we protect the public’s health (by social distancing and…
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 percent annual rate in the first three months of 2020 — the first quarterly contraction since 2014 and largest since the Great Recession amid the…
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 Binghamton University says the risk from these kinds of crises can be minimized in the future. Donald Sheldon, lecturer of supply chain management in Binghamton…
Don’t feel bad about purchasing non-essential items during COVID-19 crisis
Consumers should consider the likely economic and health consequence when purchasing non-essential items during the coronavirus pandemic, says Nicole Hassoun, professor of philosophy at Binghamton University, State University of New York. “Many people who can do so are making an…
Quick Take: After COVID-19, When Will Las Vegas’ Tourists Return?
Beginning in 2007 through 2009, the Great Recession affected Las Vegas more than anywhere else in the United States. The Las Vegas’s economy will, once again, be dealt a difficult hand as a result of the COVID-19 global pandemic, according to Stephen M. Miller, director of the Center for Business and Economic Research (CBER) and economics professor at Lee Business School.
Rutgers Experts Can Discuss Earth Day Legacy on 50th Anniversary
New Brunswick, N.J. (April 20, 2020) – Rutgers University–New Brunswick professors Robert E. Kopp and Karen M. O’Neill are available for interviews on the legacy of Earth Day and what the future may hold for humanity and the environment on our fragile planet. Kopp…
U.S. pause on World Health Organization funding could have ripple effects on global health systems and economies, says expert
President Trump’s decision to halt funding to the World Health Organization (WHO) due to what he claims has been a mishandling of the COVID-19 pandemic could have far-reaching and long-felt effects, says Stephanie Smith, an expert on global health policy…
Worker shortage more likely than food shortage amid coronavirus pandemic
Ednilson Bernardes, chair of the Global Supply Chain Management program within West Virginia University’s John Chambers College of Business and Economics, says companies like Smithfield and Tyson Foods closing their meat-producing plants is unlikely to lead to a food shortage.…
Why are the grocery store shelves empty?
Agricultural economist explains COVID-19 impact on food markets
Rutgers Experts Can Discuss Emissions, Climate Change During COVID-19 Crisis
New Brunswick, N.J. (April 13, 2020) – Rutgers University–New Brunswick experts are available for interviews on the impacts of the COVID-19 pandemic on greenhouse gas emissions, climate change and efforts to promote a greener economy and lifestyles. “During the 2007…
University of Kentucky Expert, Economist Michael Clark Weighs in on Impact of COVID-19
LEXINGTON, Ky. (April 7, 2020) — As the novel coronavirus (COVID-19) continues to spread across the U.S., the government is responding in unprecedented ways. Measures to protect the nation’s most vulnerable citizens — though necessary — will have a lasting impact on…
Could Intermittent Lockdown Save Us – and the Economy – From the Coronavirus?
Weizmann Institute scientists present a mathematical model for an exit strategy: how to restart the economy after the crisis
New economic tool breaks down COVID-19 vulnerability on the service industry state
The novel Coronavirus has likely created an indelible mark on the global economy. But understanding how it has affected industries and occupations remains somewhat elusive, although more clarity is revealed daily, according to Jeremy Hill, director of Wichita State University’s Center for Economic Development and Business Research (CEDBR).
Notre Dame expert says coronavirus economy could bring U.S. shale market to its knees, break up OPEC
The rampant spread of the coronavirus has turned busy streets worldwide into quiet, abandoned thoroughfares. Few cars and trucks on the road means drastically less fuel is needed as millions of people stay at home. “The unprecedented reduction in demand…
Notre Dame expert says “stimulus” package is economically appropriate, urges caution
The White House and Senate March 25 reached a historic $2 trillion legislative package to counteract the negative shock from the coronavirus to the U.S. economy. Congress should be applauded for putting together such an unprecedentedly massive package so quickly,…
Travel & tourism economy will recover from COVID-19, but it will be forever changed
With unprecedented economic hardships facing the travel and tourism industry, Virginia Tech expert Nancy McGehee says the industry will undoubtedly recover, but it will be forever changed. “Those in the industry who get through this will find ways to be…
Tourism expert available to discuss impact of COVID-19 on travel
As the coronavirus (COVID-19) pandemic causes a growing number of cancellations and closures, many people are reconsidering their future travel plans. The Centers for Disease Control and Prevention is urging people to forgo cruises to reduce their risk, and the…
COVID-19 hits economy hard but sets digital tech up for market boom
As the novel coronavirus spreads and forces workers across sectors to work remotely, industries across the globe are threatened and the economy is in the crosshairs of inevitable decline. But digital technology that allows for remote interaction will increase in…
Fed must elastically supply liquidity to ensure functioning of markets, sufficient cash for businesses
Professor and Michael P. Grace II Collegiate Chair of Economics Eric Sims is available to comment on the interest rate cut and other Fed issues during this uncertain time. His initial comments are below. You can reach him at [email protected]. “The economic harm…
COVID-19 pandemic poses risk of recession
Johns Hopkins Carey Business School Associate Professor Alessandro Rebucci offers his interpretation of what COVID-19 means for the markets in the near term and long term.
Faculty Q&A: H. Luke Shaefer on how the coronavirus outbreak highlights inequities in health care, employment systems
FACULTY Q&ALuke ShaeferAs the coronavirus continues to spread, University of Michigan poverty scholar H. Luke Shaefer discusses how the pandemic will impact hourly workers and families with low incomes. Shaefer, faculty director of Poverty Solutions U-M, is a professor of social work and public policy.What are the implications of the coronavirus pandemic for low-income families?As there are more and more closures, those who don’t have paid time off and only get paid when they clock in are going to run into the most financial trouble.
Faculty Q&A: U. of Michigan economist Gabriel Ehrlich sees sharp, short-lived effects of coronavirus
FACULTY Q&AGabriel Ehrlich is the director of the Research Seminar in Quantitative Economics at the University of Michigan, where he forecasts the U.S. and Michigan economies. He discusses the economic impact of the coronavirus locally, nationally and globally.We are seeing a sinking Dow, disrupted education, restricted travel, canceled events and much more fallout.
Heat Stress May Affect More Than 1.2 Billion People Annually by 2100
Heat stress from extreme heat and humidity will annually affect areas now home to 1.2 billion people by 2100, assuming current greenhouse gas emissions, according to a Rutgers study. That’s more than four times the number of people affected today, and more than 12 times the number who would have been affected without industrial era global warming.
COVID-19 poses risk to global supply chains
Johns Hopkins Carey Business School professors Goker Aydin and Tinglong Dai of Carey Business School discuss how COVID-19 is impacting business supply chains and operations.
Economics Expert: Combination of Coronavirus Uncertainty, Oil Crash Could Be Severe
With the global economy already slowing over coronavirus uncertainty, oil markets and stocks plunged even further Monday morning (March 9) after Saudi Arabia launched a price war against Russia over the weekend, dissolving their OPEC+ alliance. Michael Noel, a competition…
Expert: Coronavirus fears have caused stocks to plunge, but investors shouldn’t be concerned
Binghamton University offers live or pre-taped interviews powered by a state-of-the-art ReadyCamtelevision studio system, available at a moment’s notice. Our system can broadcast live HD audio and video to networks, news agencies, and affiliates interviewing Binghamton faculty, students, and staff.…
New systemic approach needed to tackle global challenges
Putting systemic thinking at the centre of policymaking will be essential to address global issues in an era of rapid and disruptive change, according to a new joint report by IIASA and the Organisation for Economic Co-operation and Development (OECD).
Coronavirus disrupts global supply chain and production of U.S. consumer goods, says expert
The spread of the coronavirus has been a wake-up call for many companies worldwide and a test for supply chain resilience, says Virginia Tech expert Barbara Hoopes. “The more widespread the viral impact, the more uncertainty there will continue to…
Impact of coronavirus on economy, supply chains, trade, tourism
Economists and business experts at the University of Delaware are keeping a close eye on the impact of coronavirus as it continues to spread across the globe and are available for comment. Michael Arnold, an associate professor of economics, can…
Rutgers Expert Available to Discuss Climate Change Impacts on Land, Wildfires and Solutions
New Brunswick, N.J. (Jan. 15, 2020) – Rutgers University–New Brunswick Professor Pamela McElwee is available for interviews on climate change impacts on land, including increasing wildfires such as in Australia and California, and solutions. She is scheduled to testify before…
When Automotive Assembly Plants Close, Deaths from Opioid Overdoses Rise
Closing of local automotive assembly plants may lead to increases in deaths from opioid overdose, according to a study led by researchers at the Perelman School of Medicine at the University of Pennsylvania and the Massachusetts General Hospital. The findings highlight fading economic opportunity as a driving factor in the ongoing national opioid epidemic, and build on previous research that links declining participation in the labor force to increased opioid use in the U.S. The findings are published today in JAMA Internal Medicine.
In global south, urban sanitation crisis harms health, economy
Researchers spent a year examining 15 cities in the global south, and found that 62% of sewage and fecal sludge is unsafely managed. Their findings are detailed in a report from the World Resources Institute/Ross Center for Sustainable Cities.
What makes startup accelerator programs succesful
Findings reveal the hallmarks of accelerators that lead to better results for startups
Small Business Saturday has a real impact on your local economy, expert says
With ecommerce and access to national chains, small businesses can be forgotten during the holiday shopping season. By shopping small on Small Business Saturday, you can make a real impact on your local community, according to Rochelle Layman, regional director of Binghamton University’s…
University of Redlands Environmental Economist Dr. Nicholas Reksten can speak on the economic and environmental impacts of the current wildfire threat and planned power outages.
University of Redlands Professor Dr. Nicholas Reksten is a nationally recognized environmental economist who can speak with authority on economic and environmental impacts of the current wildfire threat and planned power outages. Dr. Reksten joined the economic department at the…
Datasets can lead to risk-reducing solutions in agriculture
Predictive agriculture models can inform farming decisions
Experts Available to Comment on 2020 Presidential Race
New Brunswick, N.J. – As the 2020 presidential campaign accelerates, Rutgers faculty experts are available to comment on the most pressing issues in the race for the White House. Topics include the economy, immigration, health care, national security, gun control,…