Economic impact analysis

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: 
Tuesday, February 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

Retrieved on: 
Thursday, February 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

Retrieved on: 
Saturday, February 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: 
Tuesday, February 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: 
Tuesday, January 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: 
Monday, January 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: 
Thursday, 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.

Supplier.io Recognizes Supply Chain Diversity Leaders for Commitment to Small and Diverse Spend

Retrieved on: 
Monday, December 18, 2023

The report also launches its inaugural Supply Chain Diversity Excellence Awards , which celebrates this year’s leaders such as CVS Health and Constellation Energy.

Key Points: 
  • The report also launches its inaugural Supply Chain Diversity Excellence Awards , which celebrates this year’s leaders such as CVS Health and Constellation Energy.
  • “By investing in small and diverse suppliers, companies are not only fostering innovation and enhancing their supply chain competitiveness, but also effectively reducing risks and costs.
  • Our Supply Chain Diversity Excellence Award is a recognition of the organizations that demonstrate significant commitment to enriching the global marketplace through inclusive procurement strategies.”
    The companies within Supplier.io’s 2023 Economic Impact report – including the Supply Chain Diversity Leaders – collectively generated over 1.3 million jobs, $104 billion in income, and $31.4 billion in tax revenue to the global economy through small and diverse spend last year.
  • The Supply Chain Diversity Leaders include companies across a wide variety of industries, including healthcare, retail, manufacturing, telecommunications, and transportation.

Pinalen Multipurpose Cleaner Earns USDA-Certified Biobased Product Label

Retrieved on: 
Monday, December 11, 2023

HOUSTON, Dec. 11, 2023 /PRNewswire/ -- AlEn USA , an affiliate of Grupo AlEn, announced today that it has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product Label for MULTIPURPOSE CLEANER PINALEN®.

Key Points: 
  • HOUSTON, Dec. 11, 2023 /PRNewswire/ -- AlEn USA , an affiliate of Grupo AlEn, announced today that it has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product Label for MULTIPURPOSE CLEANER PINALEN®.
  • Made with real pine oil, PINALEN Fresh Pine Multipurpose Cleaner can be used throughout your house—indoors and out—to freshen, clean, and degrease.
  • Pinalen Multipurpose Cleaner can now display a unique USDA label that highlights it contains 100% biobased content.
  • 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.

Visit Frederick reports record-breaking visitor spending in Frederick County at annual meeting

Retrieved on: 
Thursday, October 26, 2023

FREDERICK, Md., Oct. 26, 2023 /PRNewswire-PRWeb/ -- At its annual meeting on October 24 at Springfield Manor in northern Frederick County, Visit Frederick shared that visitors to Frederick County spent a record-breaking $518 million in the region in 2022. The 2022 numbers surpassed the previous record from 2021 of $460 million, becoming the first year in history that visitors to Frederick County spent more than $500 million in the region in a single year.

Key Points: 
  • FREDERICK, Md., Oct. 26, 2023 /PRNewswire-PRWeb/ -- At its annual meeting on October 24 at Springfield Manor in northern Frederick County, Visit Frederick shared that visitors to Frederick County spent a record-breaking $518 million in the region in 2022.
  • At the meeting, Visit Frederick debuted a new orientation film featured at the Frederick Visitor Center.
  • Greg Brown was honored with an award for distributing the most Frederick County visitor guides at Brewer's Alley restaurant in Downtown Frederick.
  • Visit Frederick is the recognized Destination Marketing Organization for Frederick City and Frederick County, Maryland.