The Trump administration made headlines when it increased trade barriers in 2018 and 2019. Those tariffs—the largest in over 75 years—are designed to help America’s ailing manufacturing sector. The U.S. lost 5.8 million manufacturing jobs between 2000 and 2010. 1...
The long-term economic impact that the COVID-19 pandemic will have is yet to be determined. However, it is becoming evident that the recovery will vary widely across different regions. According to several recent articles, Tucson is poised to recover quicker...
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...
Arizona’s seasonally-adjusted unemployment rate spiked up significantly in April, reaching 12.6%. That was below the national rate of 14.7%, but was the highest reading since the beginning of the current series in 1976. Arizona’s unemployment rate fell just behind Texas...
The City of Tucson , Pima County , and the Economic and Business Research Center at the University of Arizona have collaborated to study housing and neighborhood vulnerability within the City of Tucson and Pima County. The goal of the...
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...