4.29.20. Junjie Guo. In response to the spread of COVID-19, most states in the U.S. have ordered nonessential businesses to close and residents to not leave home unless necessary. This paper estimates the impact of these stay-at-home orders on the mobility of Americans using GPS data from mobile devices
COVID-19
Reopening Wisconsin: Regional Health and Economic Factors
4.28.20. CROWE. Most states have imposed stay-at-home orders to fight the COVID-19 pandemic. Now many are considering guidelines for reopening, which have been based solely on current health indicators. We consider both economic and health factors, accounting for differences across regions and industries.
Consumer Responses to the COVID-19 Pandemic
4.23.20. Noah Williams. As the COVID-19 pandemic has spread across the United States, consumers have changed their spending habits dramatically. Initially, the changes began with people canceling inessential travel, limiting attendance at large gatherings, generally limiting social exposure, and moving from purchases in-store to online.
Air Traffic Data as a Proxy for Economic Activity in the Transportation Sector
4.8.20. Simeon Alder. The imposition of numerous social distancing measures in response to the COVID-19 pandemic has curtailed economic activity significantly. The impact, however, varies across industries and one of the challenges at this time is to measure the impact in a timely manner.
The Economic Impact of COVID-19 on the Chinese Economy
4.6.20. Chang Liu. The COVID-19 pandemic has now spread across the globe, causing significant economic disruption all over the world. China was the first and one of the hardest-hit countries in this global fight.
Unemployment Benefits under the Federal COVID-19 Relief Package
3.27.20. Noah Williams. As the COVID-19 pandemic has spread throughout the United States, it has led to mass shutdowns of businesses with many states being placed under shelter-in-place orders.
The Geographic Distribution of Workers Most At Risk Economically When Ordered To Stay At Home
3.26.20. Junjie Guo. On March 24, 2020, at the direction of Governor Tony Evers, Wisconsin issued a “safer at home” order requiring residents not to leave their home unless necessary. Similar orders to lock down the economy in an attempt to limit the spread of COVID-19 have been issued elsewhere.
COVID-19, Industry Mix and the Growth of Initial UI Claims across States
3.23.20. Junjie Guo. In its latest news release on unemployment insurance (UI) weekly claims, the U.S. Department of Labor (DOL) reported that, relative to the prior week, the number of initial claims increased significantly by 70,000 in the week ending on March 14, 2020.
Forecasting Initial Unemployment Claims using Google Searches
3.23.20. Noah Williams. In the wake of the unprecedented economic disruptions caused by COVID-19, there is an increased need for high-frequency data. The economies in many locations around the globe have ground to a standstill, as businesses have shut down and workers have been ordered to shelter in place in order to try to slow the spread of the virus