Research / Industry & Commerce
Policy Analysis | November 2020
Unemployment in the SLC Region Amid the COVID-19 Pandemic
Last updated: November 20, 2020
Disclaimer: The research presented draws upon statistics used by the U.S. Department of Labor to monitor weekly unemployment data. Many concerns have been raised regarding states' difficulties processing the large and sudden influx of unemployment insurance claims following restrictions that were enacted beginning in mid-March to stop the spread of COVID-19. This SLC Policy Analysis does not address these concerns and utilizes only the data compiled by the U.S. Department of Labor. For more information about what actions state unemployment agencies are taking in response to the coronavirus, see the SLC Policy Analysis "Coronavirus Response at State Unemployment Agencies."
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Webinar | September 2020
COVID-19 and American Agriculture
The agriculture sector has been hit particularly hard by the COVID-19 pandemic and accompanying quarantine policies. Many of the largest purchasers of agricultural products—including restaurants, schools and hotels—have closed or operated at limited capacity for months due to the pandemic. With a supply chain built around these buyers and a shortage of workers, many farmers have been forced to destroy crops, dairy and dairy-related products, and livestock. Dairy farmers have been dumping millions of gallons of milk; chicken processors are destroying hundreds of thousands of eggs; and vegetable farmers are plowing acres of fields. This program outlines how the agriculture sector is responding to the COVID-19 pandemic and the outlook for American farmers.
Presentations:
Allison Crittenden, Director, Congressional Relations, American Farm Bureau Federation, Washington, D.C.
Michael Nepveux, Economist, American Farm Bureau Federation, Washington, D.C.
Policy Analysis | September 2020
Trade in the SLC Region Amid the COVID-19 Pandemic
The COVID-19 pandemic upended global economic activity in the first quarter of 2020. Although the long-term impact of the pandemic remains unknown, the profound economic shocks experienced beginning in March, with widespread business closures and restrictions on movement, are expected to reverberate into 2021 and, possibly, beyond. In April, at the height of the pandemic, the World Trade Organization predicted that international trade could contract anywhere between 13 percent and 32 percent in 2020, as the flow of goods ground to a halt.1
By highlighting export and import data, as reported monthly by the U.S. Census Bureau, this SLC Policy Analysis depicts how the pandemic has impacted the U.S. economy. The data includes:
- Bi-monthly changes in imports and exports from July 2019 through January 2020;
- Bi-monthly changes in imports and exports from the beginning of 2020 until the most recent month for which data is available, currently July 2020; and
- Year-over-year changes in imports and exports during the most recent month for which data is available, currently July 2020.
Importantly, the monthly data provided by the Census Bureau only includes commodities. Exports and imports of services – such as travel and transportation, telecommunications, financial services and cultural activities, to name a few – are not included in the monthly data sets. Services account for a significant share of overall U.S. economic activity and have similarly been affected by the coronavirus-induced economic downturn.2
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SLC Economic Development, Transportation & Cultural Affairs Committee
2020-2021
Chair
Representative
Manly Barton
Mississippi
2020-2021
Vice Chair
Representative
Nathaniel Ledbetter
Alabama
Immediate
Past Chair
Representative
Jeanie Lauer
Missouri
The SLC Economic Development, Transportation & Cultural Affairs Committee examines issues related to infrastructure, economic progress and cultural strengths in the Southern region. Discussions and reports of the committee have focused on Southern state actions to bring manufacturing operations of national and foreign companies to the region, as well as the importance of ports, roads and railways for the movement of manufactured goods. The committee has a long history of studying the impact of the Panama Canal expansion and international trade with Mexico, Canada and China on Southern state economies.
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