Economic impact analysis

Report: Washington State’s $38.8B Life Science Industry Grew 14% from 2020 to 2022

Retrieved on: 
torsdag, april 18, 2024

Life Science Washington , the state’s industry trade association, today released a new Economic Impact Report , revealing a 43% increase in job growth from 2015 to 2022.

Key Points: 
  • Life Science Washington , the state’s industry trade association, today released a new Economic Impact Report , revealing a 43% increase in job growth from 2015 to 2022.
  • According to the report, the state’s $38.8 billion life science industry added $21.7 billion to the state’s GDP and contributed $1.6 billion in local and state tax revenue.
  • “Washington has solidified its standing as a top 10 life science hub in the country,” said Marc Cummings, President and CEO of Life Science Washington.
  • “Life science companies across Washington continue to uniquely combine the state’s technology prowess and research expertise to produce lifesaving innovations that investors are eager to support.”
    Leaders in the Washington state life science industry come together to discuss both reports’ findings and the latest innovation in the region at Life Science Innovation Northwest , the Pacific Northwest’s largest annual life science conference, on April 17-18.

Westinghouse Releases New Report on Economic Impact of AP1000® Deployment in Poland & Down Selects Key Polish Suppliers

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tisdag, april 9, 2024

Today, Westinghouse Electric Company released an independent report from PricewaterhouseCoopers LLC (PwC) outlining the considerable economic footprint of deploying six AP1000® units in Poland.

Key Points: 
  • Today, Westinghouse Electric Company released an independent report from PricewaterhouseCoopers LLC (PwC) outlining the considerable economic footprint of deploying six AP1000® units in Poland.
  • The Polish project is being implemented by Polskie Elektrownie Jądrowe, a company owned by the Polish state, which is responsible for implementation and execution of the Polish Nuclear Energy Program (PPEJ).
  • “Deploying our AP1000 technology in Poland represents a 100-year partnership between the United States and Poland on energy security,” said David Durham, President of Westinghouse Energy Systems.
  • Download the full report – The Economic Impact of a Westinghouse AP1000 Reactor Project in Poland – here.

PRENOSIS ANNOUNCES COMMERCIAL DISTRIBUTION COLLABORATION WITH ROCHE FOR SEPSIS IMMUNOSCORE™, THE FIRST FDA DE NOVO AUTHORIZED ARTIFICIAL INTELLIGENCE TOOL FOR SEPSIS DETECTION

Retrieved on: 
onsdag, april 10, 2024

CHICAGO, April 10, 2024 /PRNewswire/ -- Today, Prenosis, Inc., an artificial intelligence company enabling precision medicine in acute care, announced a commercial distribution collaboration with Roche for its Sepsis ImmunoScore™, an artificial intelligence/machine learning software as a medical device (AI SaMD) to guide rapid diagnosis of sepsis and prediction of adverse outcomes. The Sepsis ImmunoScore™, the first-ever FDA De Novo authorized AI diagnostic tool for sepsis, will be available on Roche's navify® Algorithm Suite. The Suite provides the advantage of offering Roche and third party evidence-based, certified medical algorithms to customers in one solution platform (spanning disease areas). Offering clinicians and lab managers an integrated solution, navify® Algorithm Suite aims to transform every stage of care and for confident decision making.

Key Points: 
  • The Sepsis ImmunoScore™, the first-ever FDA De Novo authorized AI diagnostic tool for sepsis, will be available on Roche's navify® Algorithm Suite.
  • "Strategies and solutions have fallen short of expectations, placing patients at risk by overcalling sepsis in patients without sepsis, while overlooking many patients with sepsis.
  • The Sepsis ImmunoScore™ – the first-ever AI sepsis diagnostic granted De Novo authorization by the FDA – provides a validated diagnostic and predictive solution, ushering in a true Clinician-AI partnership.
  • "Including the Sepsis ImmunoScore in Roche's navify® Algorithm Suite is a great step forward for the Sepsis ImmunoScore™," said Bobby Reddy, Jr., Prenosis Co-Founder and CEO.

Century Aluminum Joins with South Carolina Governor Henry McMaster and USC Economist Dr. Von Nessen to Unveil Findings of an Economic Impact Study

Retrieved on: 
tisdag, februari 20, 2024

Holly has on the state of South Carolina, where the average wage among all direct jobs supported by Century Mt.

Key Points: 
  • Holly has on the state of South Carolina, where the average wage among all direct jobs supported by Century Mt.
  • Mt.
  • Holly has been instrumental in creating hundreds of good-paying family sustaining jobs,” said South Carolina Governor Henry McMaster.
  • Holly, another 22 jobs, on average, are created elsewhere in South Carolina,” remarked Dr. Joseph Von Nessen, research economist at the University of South Carolina.

GlobalData report highlights staggering $425.5 billion economic costs of obesity and overweight to U.S. Businesses and Employees in 2023

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torsdag, februari 22, 2024

Obesity and overweight are estimated to have caused a staggering $425.5 billion in economic costs to U.S. businesses and employees in 2023, according to a report released by GlobalData Plc , a leading data and analytics company.

Key Points: 
  • Obesity and overweight are estimated to have caused a staggering $425.5 billion in economic costs to U.S. businesses and employees in 2023, according to a report released by GlobalData Plc , a leading data and analytics company.
  • Of the 158 million civilian employees on nonfarm payrolls, 30% (46.9M) are classified as having obesity and 34% (53.8M) have overweight.
  • Costs amounted to $347.5 billion attributed to obesity and $78 billion attributed to overweight.
  • Costs include $146.5 billion in higher medical costs for employees and their dependents, $82.3 billion in higher absenteeism (missed workdays), $160.3 billion in higher presenteeism (reduced productivity due to illness), $31.1 billion in higher disability costs, and $5.2 billion in higher Workers’ Compensation Program costs.

Isabel Schnabel: From laggard to leader? Closing the euro area’s technology gap

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lördag, februari 17, 2024
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This paper, by means of a DSGE model including heterogeneous firms and banks, financial frictions and prudential regulation, first shows the need of climate-related capital requirements in the existing prudential framework.

Key Points: 
  • This paper, by means of a DSGE model including heterogeneous firms and banks, financial frictions and prudential regulation, first shows the need of climate-related capital requirements in the existing prudential framework.
  • We further show that relying on microprudential regulation alone would not be enough to account for the systemic dimension of transition risk.

Radco Industries, Inc. Earns USDA Certified Biobased Product Label

Retrieved on: 
tisdag, februari 13, 2024

BATAVIA, Ill., Feb. 13, 2024 /PRNewswire-PRWeb/ -- Radco Industries, Inc. announced today that it has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product Label for RADCOLUBE® BIOBASED CLP.

Key Points: 
  • BATAVIA, Ill., Feb. 13, 2024 /PRNewswire-PRWeb/ -- Radco Industries, Inc. announced today that it has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product Label for RADCOLUBE® BIOBASED CLP.
  • What sets this product apart is its USDA Certified 73% Biobased Product status, reflecting Radco's commitment to sustainability and eco-friendly solutions.
  • The USDA Certified Biobased Product Label displays a product's biobased content, which is the portion of a product that comes from a renewable source such as plant, animal, marine, or forestry feedstocks.
  • – Luke Smith
    "We applaud Radco Industries, Inc. for earning the USDA Certified Biobased Product Label," said Vernell Thompson, USDA BioPreferred Program.

New Report Highlights How Climate Change is Worsening Water and Sanitation Access for Frontline Communities in the United States

Retrieved on: 
tisdag, januari 30, 2024

The new research details how frontline communities, those hit “first and worst” by climate change, face disproportionate impacts in the United States when trying to access basic water and sanitation systems.

Key Points: 
  • The new research details how frontline communities, those hit “first and worst” by climate change, face disproportionate impacts in the United States when trying to access basic water and sanitation systems.
  • The report, entitled “Climate Change Impacts to Water and Sanitation for Frontline Communities in the United States,” is the first in the new multi-report series: “Water, Sanitation, and Climate Change in the United States.”
    For the millions of people in the United States who currently lack basic indoor plumbing or have unsafe water, climate change will continue to exacerbate their ability to access water and sanitation.
  • The “Water, Sanitation, and Climate Change in the United States” series illuminates and addresses the critical intersection of climate change, water, and equity in the United States.
  • The series focuses on exploring the profound impacts of climate change on water and sanitation access for frontline communities.

Palmer International, Inc. Earns USDA Certified Biobased Product Label

Retrieved on: 
måndag, januari 29, 2024

SKIPPACK, Pa., Jan. 29, 2024 /PRNewswire-PRWeb/ -- BioTube™ Tree Shelters are crafted from 100% recycled paper and fortified with a proprietary resin derived from rapidly-renewable, inedible Cashew Nutshell Liquid. The product disrupts an industry that has been almost exclusively reliant on conventional plastics. Biodegradation testing is ongoing.

Key Points: 
  • Palmer International, Inc. announced today that it has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product Label for BioTube™ Tree Shelters.
  • The product was certified as containing 100% biobased content and met the minimum requirements for mandatory federal purchasing in its category.
  • The USDA Certified Biobased Product Label displays a product's biobased content, which is the portion of a product that comes from a renewable source, such as plant, animal, marine, or forestry feedstocks.
  • "We applaud Palmer International, Inc. for earning the USDA Certified Biobased Product Label," said Vernell Thompson, USDA BioPreferred® Program.

New Economic Report Underlines New Car Dealers' Vital Role in Canada's Economy

Retrieved on: 
torsdag, december 7, 2023

Ottawa, Ontario--(Newsfile Corp. - December 7, 2023) - Today, the Canadian Auto Dealers Association (CADA) published its highly anticipated 2023 Economic Impact Report.

Key Points: 
  • Ottawa, Ontario--(Newsfile Corp. - December 7, 2023) - Today, the Canadian Auto Dealers Association (CADA) published its highly anticipated 2023 Economic Impact Report.
  • This groundbreaking study, developed in collaboration with MNP, offers a comprehensive portrait of the substantial economic contributions made by auto retailers across the country.
  • From job creation to economic growth and tax revenue generation, this report showcases the vital role played by new car dealers in shaping Canada's current and future economic landscape.
  • CADA and MNP remain committed to fostering transparency and understanding of the economic impact of new car dealers.