State and Local Government Revenue During the COVID-19 Pandemic

2.12.21. Noah Williams. While the early months of the COVID-19 pandemic put stress on the budgets of state and local governments around the country, their tax revenues have since rebounded. In addition, the federal government has already allocated substantial aid to these governments, which has more than offset the losses they have suffered.

Wisconsin’s Labor Market and COVID-19

2.5.21. Kim Ruhl. This brief reports labor-market indicators for Wisconsin to demonstrate the effects of COVID-19 on labor supply and demand. This report is part of a larger effort at CROWE to document and analyze the economic fallout of the COVID-19 pandemic.

Industry Concentration and Local Labor Market Dynamics

1.29.21. Simeon Alder. In recent years, a growing literature has analyzed the effects of various shocks and policies on local employment growth.

Forecasting the U.S. and Wisconsin Economies in 2021

1.19.21. Junjie Guo and Noah Williams. This paper provides forecasts for the United States and Wisconsin economies in 2021. The economic disruptions caused by the COVID-19 pandemic have made forecasting difficult. To deal with the volatility caused by the shutdowns and reopening requires modifying standard procedures.

The Wisconsin Economic and Mental Health Experiences of the COVID-19 Pandemic

11.12.20. Reka Sundaram-Stukel. The COVID-19 shock is like no other. The effects of the pandemic have been crippling to the labor force globally and especially in the U.S., which has suffered the worst hit with 7+ million people infected.

The Wisconsin Economy During COVID-19: Lockdown and Reopening

10.23.20. Noah Williams. This brief summarizes data on the Wisconsin economy since the onset of the COVID-19 pandemic. In particular, I analyze economic activity using foot traffic at commercial locations around the state.

Business Formation during the COVID-19 Pandemic: Update #5

9.25.20. Simeon Alder. This update to the “Business Formation during the COVID-19 Pandemic” report includes the business formation statistics from calendar weeks 39 through 42 and the state-level labor market data for the month of September. Labor market conditions and business applications are linked using the same accounting approach as the original report and the four previous updates

The COVID-19 Recovery Has Stalled

7.24.20. Noah Williams. After a rapid and deep crash with the onset of the COVID-19 pandemic and associated lockdowns, economic activity rebounded sharply from mid-April through the end of June across the country.

The Economic Impact of the Wisconsin Supreme Court Ruling Invalidating the State’s Safer at Home Order

7.3.20. Junjie Guo. In a 4-3 ruling, the Wisconsin Supreme Court invalidated the state’s Safer at Home order on May 13, 2020, allowing most non-essential businesses to open immediately in most locations. Using several real-time measures, I find broad evidence suggesting a positive impact of the Supreme Court decision on economic activity.

The Effects of COVID-19 on Wisconsin’s Workers and Firms

6.26.20. Kim Ruhl. This note highlights two high-frequency data series that show some of the effects of COVID-19 on Wisconsin workers and firms. This report is part of a larger effort at CROWE to document and analyze the economic fallout of the COVID-19 pandemic.