Georgia State University researchers have unveiled a tool that vividly shows the degree to which the COVID-19 pandemic has slammed the door on sales tax collections in metro Atlanta and two other regions in the state.
Tag: recession
Posted inLatest News
Southerners trust GOP on economy; Atlanta Fed reports ‘soft’ Southern economy
A majority of American voters in the South have more trust in congressional Republicans than Democrats to handle the economy, according to a POLITICO/Morning Consult poll released Wednesday.
Posted inLatest News
Credit downgrades for loans on Mercedes Benz Stadium, State Farm Arena announced Tuesday
Credit downgrades were announced Tuesday on five loans taken out by two governmental entities that used the money to help pay for the Mercedes Benz Stadium and State Farm Arena, according to rating actions issued by Moody’s Investors Service.
Posted inColumns
Negative wealth effect + isolation: How reduced socialization could worsen a pandemic recession
By Guest Columnist BOB WILLIS, CEO, Willis Investment Counsel
For decades, I have maintained a professional diary of my thinking as chief investment officer for an investment management firm located north of Atlanta. Earlier this spring, when the pandemic led to safety precautions at our office, I headed to my mountain cabin to work remotely – which stimulated more thought and reflection, and a lot of writing. Bear with me as I reveal a few excerpts from back then, and now.
Posted inLatest News
Credit analysts warn of harm to education posed by potential state spending cuts
Georgia’s early look at cutting the state budget to offset falling revenues was flagged Monday for its potential to harm the state’s quality of education and weaken the credit rating of local school districts, according to a credit outlook released by Moody’s Investors Service.
Posted inColumns
COVID-19 may cast shade on sunny local government budgets
“We just have no idea at this time what sort of expenses we’re going to have associated with this emergency.”
