State COVID-19 Restrictions & the Road Back to Economic Normal

/ Categories: Research, COVID Recovery, Economic Development

In the past year, the COVID-19 pandemic has greatly changed the world, with much of the country implementing various measures to minimize the negative health and economic impacts of widespread infection. State responses to the pandemic have been diverse and complex, with some instituting strict restrictions on businesses and others rolling back restrictions at a faster pace. At the same time, vaccine rollouts are accelerating, and state economic recoveries seem to be on varied paths with some approaching pre-pandemic levels of employment faster than others. The present analysis offers a cursory look at the relationship between state COVID-19 restrictions and their respective economic recoveries by running a preliminary correlation test between the two measures.

What is a K-Shaped Recovery and Why It Matters

/ Categories: COVID Recovery, Blog

As the federal government continues to negotiate another round of fiscal stimulus, chances are you have heard the term “K-shaped recovery” thrown around. The issue became a common talking point during last year’s presidential election as some candidates discussed their plans to heal the economy. But what exactly is a K-shaped recovery and what does it have to do with the economy?

The Economic Impact of COVID-19 on Florida’s Employment

Variations Across Industry, Region, and Income

/ Categories: Research, COVID Recovery

AS FLORIDA APPROACHES THE ONE-YEAR MARK SINCE THE STATE REPORTED ITS FIRST POSITIVE COVID-19 CASE, Florida’s recovery picture seems to be a mixed bag. The state closed out 2020 on an optimistic note as unemployment inched downward to 6.1 percent from a high of 13.8 percent in April 2020, but as January 2021 drew to a close, first time jobless benefit claims rose by more than 71,000 across the state.

Bringing The Sunshine State Back: the Impact of COVID-19 Across Florida’s Economy & Options for Recovery

/ Categories: Research, COVID Recovery, Economic Development

As Florida continues to deal with the constantly changing COVID-19 pandemic, questions remain as to how the state will reverse one of the worst recessions in history while at the same time maintaining prudent public health and safety measures. The difficulty lies in the unequal manner in which the virus has wreaked havoc on the state’s various economic sectors. Due to the varied effects, understanding the nature and scope of each sector’s unique pandemic challenges is crucial to providing substantive policy recommendations going forward.

12345