The pain from the COVID-19 pandemic will be here for a while, but we can learn from it. That was a theme of a UC Santa Barbara economic webinar examining the effects of COVID-19 on Santa Barbara County and what that means going forward. The May 7 webinar featured four local experts on subjects ranging Read More →
With no sign of a quick return to health for retail and tourism, universities going virtual and signs of reshoring for manufacturers, some of the contours for a post-pandemic economy are beginning to emerge. The numbers are striking — even before the full impact of Nordstrom and others closing stores takes effect. Before the pandemic, Read More →
California is reopening some previously-closed establishments, but what that actually looks like will depend on the county — and in some places, the city — where people live. San Luis Obispo, Santa Barbara and Ventura counties are all taking different approaches as they figure out how to best protect their populations while allowing some parts Read More →
Santa Barbara County is being hit hard by COVID-19 on multiple fronts, but as with previous disasters, recovery is possible. It’s just going to take a while, and the recovery won’t be enough to save all of the businesses that have been affected. In a webinar on April 16, experts in several fields joined Peter Read More →
Keeping the economy closed has saved lives, but it has hurt and will continue to hurt tri-county residents in the pocketbook. A webinar put on by UC Santa Barbara on April 16 probed the different ways the community’s businesses were hurting and panelists talked about solutions to help ease the pain. “I think we can Read More →
A new report from the Center for Economic Research & Forecasting at California Lutheran University underscores the ferocity of the debate around re-opening the economy. CERF forecasters Matthew Fienup and Dan Hamilton now project a stunning, nearly 20 percent drop in GDP and Great Depression levels of job losses, followed by a long, slow U-shaped Read More →
One thing is clear about the coronavirus pandemic — it is moving so fast moving that it is an almost perfect made-for-Twitter event. News updates come so frequently that it is a 24/7 phenomenon. But that speed sometimes makes for a poor framework for decision-making and, as Nobel laureate Daniel Kahneman told me in a Read More →