Transportation, Inflation, and the Supply Chain
[SLIDES] Transportation, Inflation, and the Supply Chain
REMI hosted a webinar, “Transportation, Inflation, and the Supply Chain,” on March 2, at 2:00 p.m.
This webinar covered the temporary Ambassador Bridge closure shows that supply-chain disruptions may continue to dodge the economy in 2022. Fred Treyz, Cheif Economist, is CEO, discussed the link between transportation, the supply chain, and the economy.
Component shortages have led to adverse supply shocks in the automotive and other industries; labor shortages in trucking and other sectors have increased production costs, and geopolitical events have pushed the price of crude oil to multi-year highs.
Inflation represents the top challenge to Federal, state, and local policymakers. Using the REMI TranSight/SEI model, we estimate the impact of inflation using socioeconomic indicators for wage groups, racial/gender categories, and educational level. Furthermore, we show how investments in transportation can lead to better economic outcomes.
How Economic Impact Analysis Models Equip the Utility Industry – Patrick Kelly, FirstEnergy & Jim Robey, Ph.D., Robey Analytics, LLC.
Slide Deck of How Economic Impact Analysis Models Equip the Utility Industry
From emerging policies to technology advancements, the utility industry is undergoing a transformation that has significant implications for regional development.
We hosted “How Economic Impact Analysis Models Equip the Utility Industry,” our special guest webinar on Wednesday, February 16. This discussion featured Patrick Kelly, Director of Economic Development at FirstEnergy, and Jim Robey, Ph.D., Principal at Robey Analytics, LLC.
During this presentation, Mr. Kelly provided an overview of FirstEnergy’s strategic initiatives to build resilient utility systems, create 21st-century jobs, and develop clean energy sources. Dr. Robey continued the discussion by examining a compilation of studies emphasizing how larger utility companies are approaching analytics including using impact models that Robey Analytics, LLC. has produced on behalf of FirstEnergy.
Finally, Chris Judson, Managing Economic Associate at REMI, concluded with a brief examination of the REMI model methodology supporting these analyses and how economic modeling informs the rapidly changing energy industry.
Economic Impacts of Comprehensive Climate and Energy Policy – Thomas D. Peterson, Center for Climate Strategies (CCS)
National energy and environmental issues have dominated our public policy spheres, conveying the importance of factoring in their policy impacts when considering the overall vitality of our economy.
We invite you to join us for our upcoming special guest webinar on Thursday, February 10, 2022, from 2:00 – 3:00 p.m. (ET) that will feature Thomas D. Peterson, President and CEO of the Center for Climate Strategies (CCS).
Mr. Peterson will explore the economic effects of reducing household energy prices and greenhouses gases as referenced in the CCS study “Economic Impacts of Comprehensive Climate and Energy Policy: National Climate Change Stakeholder Recommendations and U.S. Senate Proposals Would Advance Economy and Employment.”
The analysis underscored the strategic benefits of comprehensive approaches to managing greenhouse gas emissions, the need for a national framework to support a balanced portfolio of actions, and the importance of stakeholder involvement in policy development and management of the economy. You can access the full study by clicking here.
State of the Commonwealth – Robert McNab, Ph.D. & James Koch, Ph.D., Old Dominion University
Peter Evangelakis, Ph.D. hosted “State of the Commonwealth,” our special REMI guest webinar featuring Robert McNab, Ph.D., Director, and James Koch, Ph.D., Founding Director, from the Dragas Center for Economic Analysis and Policy in the Strome College of Business at Old Dominion University.
This presentation reviewed the 2021 State of the Commonwealth Report completed by Old Dominion University before highlighting a collection of topics from their report on the Commonwealth of Virginia. You can access the entire study by clicking here.
Dr. McNab and Dr. Koch provided updates on the status of Virginia’s economy, including the ongoing COVID-19 recovery, inflation, tourism, and high education continue to impact the commonwealth.