The COVID-19 outbreak has had major economic implications both locally and across the nation, but some notable environmental trends have also appeared. Specifically, some cities across the nation and the globe have seen decreases in air pollution. The reduction in...
Watch the Recorded MAP Talk: Latest Update on the Economic Impact of COVID-19 in Tucson, Arizona MSA Watch the recorded MAP Talk: Latest Update on the Economic Impact of COVID-19 The PowerPoint slides can be found here .
COVID-19 Drives Tucson's Unemployment Rate Up The COVID-19 pandemic has resulted in widespread health, social well-being, and economic consequences across the globe. In the United States, the non-seasonally adjusted (NSA) unemployment rate shot up to 14.4% in April. This was...
Did household debt play a role in the sluggish recovery from the 2008-2009 recession? Recent research suggests that it did. What does this mean for the current COVID-19 induced downturn? The Board of Governors of the Federal Reserve System recently...
The news is currently full of the devastating economic consequences of the COVID-19 pandemic. This downturn is a result of the physical distancing guidelines deemed necessary by our government to reduce the community spread of COVID-19. So far we have...
Prior to the COVID-19 pandemic, the Tucson economy posted the strongest growth in the past decade. Employment gains were at a 13 year high of 1.9% in 2019 (see figure 1), GDP outpaced the nation, and wages increased by 4.1%...
The Centers for Disease Control and Prevention (CDC) released a set of guidelines for those most at risk for severe illness from COVID-19. Included on that list are older adults, those aged 65 years and older, and people of all...