Economic Downturn

Report Examines the Processes and Effects of Reopening
A large-scale experiment is underway.

Could Greenhouse Gas Emissions Be Added To COVID-19's Casualty List?
As the world rebounds from the first wave of coronavirus, and countries around the globe prepare to spend trillions of dollars for stimulus, should the funds be earmarked to flatten the climate curve?

The Looming Eviction Crisis
Of all the nightmare scenarios that became possible when the coronavirus hit the shores of the United States, the possibility of massive evictions and a rental market failure seems to have averted the worst possible outcomes. That could still change.

Surveying the Fiscal Nightmare for Cities and States
Governing takes a tour through the fiscal impacts of a suddenly cratered economy and an ongoing public health crisis.

Tight Housing Market Could Prime Economic Recovery
A recession is coming, though we don't know how big it will be or how long it will last. Compared to the Great Recession, the housing market could potentially help, rather than hurt, economic recovery, according to the analysis shared here.

Code Enforcement as Coronavirus Response Policy
The Center for Community progress offers advice on effective code enforcement during a time of extreme economic duress.

Renters Living in Small Buildings Face the Steepest Economic Risks in the Pandemic
Renters in smaller multi-family buildings and single-family homes are faced with larger economic challenges during the pandemic, according to new analysis by researchers at the Joint Center for Housing Studies of Harvard University.

U.S. Homelessness Could Jump 45%, Study Says
Unemployment of historically devastating proportions will force people out of their homes and onto the streets, according to a new study by an economist at Columbia University in New York.

Task Force Would Ensure Social Justice in COVID-19 Response in Pittsburgh
If approved by the Pittsbugh City Council, the proposed Greater Pittsburgh Covid-19 Racial Equity Task Force would work toward more equitable distribution of economic and public health resources, during the coronavirus pandemic and after.

Job Losses Strike a Blow to Gig Economy Darlings
Uber and Airbnb both announced massive layoffs this week, after Lyft did the same last week, as the coronavirus pandemic took a toll on very contemporary corners of the economy.

Home Prices Expected to Hit a Coronavirus Speed Bump in 2020
A report by Zillow predicts a sudden reversal for the housing market, which has been soaring in many places around the country ever since the worst of the financial crisis and housing market crash of the Great Recession.

100 Million 'New Poor' Predicted as a Result of the Pandemic
The fiscal effects of the pandemic are likely to make it very difficult for governments to invest in economic and quality of life improvements for people on the edge of poverty.

Early Economic Effects of COVID-19 Concentrated in Large Metros
Big cities suffered the worst economic effects if the pandemic as of March, according to April data from the U.S. Bureau of Labor Statistics.

For Coronavirus Aid, Air France Must Stop Competing With Rail
France is proposing a momentous step toward clean transportation.

Lessons From the Great Recession
Professionals working in the built and natural environments have been through tough times before. A recent webinar offered a few prominent urban designers a chance to discuss how they coped with the last big economic downturn.

J. Crew the First National Apparel Chain to Fall During the Pandemic; More Expected to Follow
Another brutal chapter of the retail apocalypse is underway.

How Local Projects Could Spur COVID-19 Economic Recovery
While some cities and states have prohibited all construction during the first few months of the pandemic, other locations are leaning on construction projects as a source of employment and improvements during tough times.

Former L.A. City Budget Czar on the Fiscal Quagmire Ahead
Miguel Santana, former chief administrative officer for the city of Los Angeles during the Great Recession, comments on the realities revenue-starved city budgets.

Google's Decade of Land Acquisition Cresting During the Pandemic
According to reports, Google parent company Alphabet is pulling back on two massive land acquisition deals amidst the economic uncertainty of the COVID-19 pandemic. A development approval setback will also slow the company's expansion.

Clean Energy Sector Shed More Than 100,000 Jobs in March
The great recession led to major gains in the clean energy sector, but so far, clean energy workers are struggling like everyone else.
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