Media Quotes on COVID-19 Economic Impact



09-24-2024 Transport Topics. “ATA: Trucking Tonnage Rises Again, Hints at Market Recovery.” By Connor D. Wolf.
09-01-2024 The Atlanta Journal-Constitution. “Georgia State forecaster foresees economic growth, with some Fed help.” By Michael E. Kanell. PDF
08-30-2024 The Atlanta Journal-Constitution. “Georgia State forecaster foresees economic growth, with some Fed help.” By Michael E. Kanell. PDF
08-29-2024 Metro Atlanta CEO. “Fed Will Undertake a Series of “Practically Aggressive” Rate Cuts in the Next Six Months.”
08-29-2024 GPB News. “Its director, Rajeev Dhawan, said yesterday he expects Georgia to gain nearly 72,000 jobs next year and 90,000 jobs the year after. That's after what he and many others expect to be a long-awaited quarter point fed rate cut in September to mitigate a weakening labor market.” By Peter Biello and Jake Cook. PDF
08-29-2024 Hypepotamus. “The Federal Reserve will begin a series of “practically aggressive” interest rate cuts in September that will total 175 basis points by early spring 2025, according to Rajeev Dhawan, director of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. Dhawan released his outlook on August 28 during Georgia State’s semiannual economic forecasting webinar.” PDF
08-29-2024 Albany CEO. “GSU Economic Forecaster: Fed Will Undertake a Series of “Practically Aggressive” Rate Cuts in the Next Six Months.”
08-28-2024 Owensboro Messenger-Inquirer. “Economic Forecaster Rajeev Dhawan Says the Fed Will Undertake a Series of practically aggressive interest rate cuts in September that will total 175 basis points by early spring 2025.” By Holly Frew.
08-28-2024 The Roanoke-Chowan News-Herald. “Economic Forecaster Rajeev Dhawan Says the Fed Will Undertake a Series of Practically Aggressive Rate Cuts in the Next Six Months.” By Holly Frew.
08-28-2024 Cape Coral Living Magazine “Economic Forecaster Rajeev Dhawan Says the Fed Will Undertake a Series of “Practically Aggressive” Rate Cuts in the Next Six Months.” By Holly Frew.
08-28-2024 Georgia State News Hub. “Economic Forecaster Rajeev Dhawan Says the Fed Will Undertake a Series of Rate Cuts in the Next Six Months.” By Holly Frew.
08-28-2024 Yahoo! Finance “Economic Forecaster Rajeev Dhawan Says the Fed Will Undertake a Series of “Practically Aggressive” Rate Cuts in the Next Six Months.” By J. Mack Robinson College of Business.
08-28-2024 GlobeNewsWire. “Economic Forecaster Rajeev Dhawan Says the Fed Will Undertake a Series of “Practically Aggressive” Rate Cuts in the Next Six Months.” By J. Mack Robinson College of Business.
08-20-2024 Transport Topics. “ATA Reports Sequential Freight Tonnage Rise for July.” By Connor D. Wolf.
07-23-2024 Transport Topics. “ATA Reports Dip in Truck Tonnage for June.” By Connor D. Wolf. PDF
07-02-2024 Dave Nemo Show Economic Outlook
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(Interview courtesy of SiriusXM)
06-20-2024 The Atlanta Journal-Constitution. “Georgia job machine churns out better-than-average May.” By Michael E. Kanell. PDF
06-20-2024 Transport Topics. “ATA Reports Tonnage Turnaround for May With 1.5% Rise.” By Connor D. Wolf. PDF
06-05-2024 Road Dog Trucking Network Economic Outlook
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(Interview courtesy of SiriusXM)
05-24-2024 Transport Topics. “ATA Reports More Tonnage Declines for April.” By Connor D. Wolf. PDF
04-24-2024 Transport Topics. “Tonnage Numbers Hit 13th Month of Declines.” By Connor D. Wolf. PDF
03-27-2024 Bisnow. “Georgia economy got off to better-than-expected start in 2024.” By Michael E. Kanell. PDF
03-07-2024 The Atlanta Journal-Constitution. “Georgia economy got off to better-than-expected start in 2024.” By Michael E. Kanell. PDF
02-29-2024 Metro Atlanta CEO. “Georgia Benefiting from Tailwinds of Domestic Migration, EV, & Manufacturing Investment, Offset by National Headwinds of Corporate Job Compression & Weak Global Growth”
02-28-2024 The Atlanta Journal-Constitution. “GSU economics forecast: Slowdown, but no recession this year.” PDF
02-28-2024 Georgia State News Hub. “Economic Forecaster: Practical Rate Cuts in 2024 Will Deliver a Growth Resurgence in 2025.”
01-25-2024 The Atlanta Journal-Constitution. “Atlanta economy, 2023: strong year, mixed finish.” PDF
01-23-2024 Transport Topics. “Truck Tonnage in December Dips 0.5% Year-Over-Year.”
01-20-2024 TT Radio Economic Outlook
Part 1    Part 2
(Interview courtesy of SiriusXM and Transport Topics)
01-14-2024 The Wall Street Journal “It Won’t Be a Recession—It Will Just Feel Like One” PDF

12-21-2023 Inc. Story “7 Major Economic Risks Facing Small Business in 2024 Here are the most significant headwinds to be prepared for in the coming year.”
10-23-2023 TT Radio Economic Outlook
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(Interview courtesy of SiriusXM and Dave Nemo Show)
09-20-2023 Metro Atlanta CEO “GSU Forecaster: U.S. Economy is in a White-Collar, Middle-Management Recession”
09-06-2023 WABE GSU economist says Georgia experiencing a white-collar, middle management recession
08-31-2023 The Atlanta Journal-Constitution GSU forecaster Rajeev Dhawan says it’s a recession for middle-management PDF
08-31-2023 Transport Topics Economist Sees Challenges and Opportunity in 2024 and 2025
08-30-2023 WABE Economic Interview | 90.1 FM WABE
08-30-2023 Georgia State News Hub Georgia State University Forecaster: U.S. Economy is in a White-Collar, Middle-Management “Recession”
08-01-2023 TT Radio Economic Outlook
Part 1    Part 2
(Interview courtesy of SiriusXM and Transport Topics)
07-28-2023 The Wall Street Journal Pieces Come Together in Fed’s Inflation Fight, but Big Ifs Remain PDF
07-26-2023 The Wall Street Journal Should Fed Stick to Script With Rate Hike as Inflation Wanes? PDF
06-08-2023 The Atlanta Journal-Constitution Metro Atlanta housing market shuts out both young and older buyers PDF
04-22-2023 The Wall Street Journal Americans Escaping Pricey Cities Bring Higher Housing Costs, Inflation with Them PDF
03-09-2023 The Atlanta Journal-Constitution Georgia’s robust job numbers ignore Fed’s efforts to cool things down PDF
03-03-2023 Newnan CEO Despite Recent Signs of Strength, Forecaster Says U.S. Economy Is on Course for A Sharp Moderation
03-03-2023 Augusta CEO Despite Recent Signs of Strength, Forecaster Says U.S. Economy Is on Course for A Sharp Moderation
03-01-2023 The Atlanta Journal-Constitution GSU forecaster: White-collar jobs at risk as Ga. slouches toward recession PDF
03-01-2023 Georgia State News Hub Despite Recent Signs Of Strength, Forecaster Says U.S. Economy Is On Course For A Sharp Moderation
01-31-2023 Transport Topics Economy Still Shows Signs of Slow, Steady Growth
01-21-2023 TT Radio Economic Outlook
Part 1    Part 2
(Interview courtesy of SiriusXM and Transport Topics)

12-30-2022 The Atlanta Journal-Constitution Georgia economic trends to watch in 2023
12-21-2022 Bisnow White-Collar Job Losses, Still-Rising Rents, World Cup Prep Among Atlanta CRE’s Predictions For ’23 PDF
12-09-2022 The Atlanta Journal-Constitution Atlanta home prices, sales dip again in November
11-26-2022 TT Radio Economic Outlook
Part 1    Part 2
(Interview courtesy of SiriusXM and Transport Topics)
09-15-2022 Transport Topics Hiring for Uncertain Holiday Season Continues
09-13-2022 Bisnow Inflation Surprise Means More Pressure Ahead For Commercial RealEstate PDF
09-12-2022 Transport Topics Decline in Demand to Affect Trucking Freight, Economists Say
09-06-2022 Market Watch How can we tell whether the U.S. economy is heading into a recession? Or already in one?
09-06-2022 Transport Topics Port of Savannah Reports Strong July Results Amid Expansion
09-02-2022 The Atlanta Journal-Constitution Georgia State forecaster says hold tight: Recession is imminent
08-31-2022 The Atlanta Journal-Constitution Job gains in first half of year will turn to losses by mid-2023 as fed raises interest rates, Economist says
07-26-2022 PolitiFact What exactly is a recession? Sorting out a confusing topic
07-02-2022 TT Radio Prospects for a Recession
Part 1    Part 2
(Interview courtesy of SiriusXM and Transport Topics)
06-21-2022 Transport Topics Tonnage Jumps 3.7% in May
03-19-2022 TT Radio Where is the Economy headed?
Part 1    Part 2
(Interview courtesy of SiriusXM and Transport Topics)
03-07-2022 Transport Topics Diesel Skyrockets 74.5¢ in One Week to All-Time Record High
02-25-2022 The Atlanta Journal-Constitution Atlanta gas prices rising at the pump as Russia-Ukraine crisis unfolds
02-24-2022 Metro Atlanta CEO Georgia State Forecaster Says Return to Normalcy in 2022 Also Means Return of Pre-Pandemic Economic Concerns
02-23-2022 The Atlanta Journal-Constitution Georgia State Forecaster Says Return to Normalcy in 2022 Also Means Return of Pre-Pandemic Economic Concerns
02-23-2022 GlobeNewsWire Georgia State Forecaster Says Return to Normalcy in 2022 Also Means Return of Pre-Pandemic Economic Concerns
02-23-2022 Yahoo! Finance Georgia State Forecaster Says Return to Normalcy in 2022 Also Means Return of Pre-Pandemic Economic Concerns
02-23-2022 StreetInsider.com Georgia State Forecaster Says Return to Normalcy in 2022 Also Means Return of Pre-Pandemic Economic Concerns
01-14-2022 WABE Georgia economic forecaster: Get used to supply chain issues | 90.1 FM WABE

12-16-2021 Transport Topics Economy Stays Resilient During Pandemic
12-08-2021 GSU Research Magazine Making Sense of the “Economic Tango”
11-12-2021 Transport Topics Global Freight Market Battles Disruptions Due to Bottlenecks
10-18-2021 MarketPlace Why Zillow hit pause on buying houses
10-06-2021 Transport Topics Holiday Shopping Season Will Test Supply Chain, Experts Say
09-08-2021 WABE District Attorney Willis Discusses COVID Crime Across Fulton County; Local Professor Discusses Pandemic’s Impact On Economy
09-07-2021 Metro Atlanta CEO Georgia’s Recovery Outpaces U.S. But Is Not Immune to Global Supply Chain Disruptions
09-03-2021 The Atlanta Journal-Constitution Georgia economy tapping brakes at COVID crossroads
09-01-2021 National Mortgage Professional Delta Variant will Delay Economic Recovery
08-18-2021 S&P Global August retail market: US sales worse than expected as spending moves to services
08-18-2021 The Washington Post The U.S. could be on the verge of a productivity boom, a game-changer for the economy
07-31-2021 TT Radio Where is the Economy headed?
Part 1    Part 2
(Interview courtesy of SiriusXM and Transport Topics)
07-20-2021 Transport Topics Truck Tonnage Rises Slightly in June
07-15-2021 Transport Topics Economy, Trucking Industry Roar Back​
06-09-2021 Transport Topics Supply Chain to Remain Backed Up Untill 2022, Experts Say ​
05-24-2021 WABE Experts Forecast Hot Spending Summer In Atlanta
05-10-2021 CBS46 Atlanta Hackers hold pipeline data for ransom ​
04-26-2021 Transport Dive Trucking has no fear of a bubble in 2021 ​
04-22-2021 Market Watch Zombies, robots and big unknowns lurk as the U.S. economy recovers from pandemic
03-18-2021 Transport Topics US Economy, Trucking Industry Poised for Strong Recovery, Economists Predict ​
03-05-2021 WSB-Radio 95.5 WSB Exclusive: Forecaster sees Georgia economy about to boom. ​
03-03-2021 WSB-TV A tale of two states: The impact the COVID-19 shutdown has had with 2 very different responses. ​
03-01-2021 Transport Topics US Economy, Trucking Poised for Strong 2021, Economists Predict. ​
02-26-2021 Metro Atlanta CEO Georgia State Forecaster Says “Proper” Recovery Will Occur Only After Full Vaccine Dissemination. ​
02-25-2021 Reuters Fed officials shrug off rise in longer-term U.S. bond yields.
02-25-2021 Atlanta Journal Constitution Forecaster sees Georgia economy about to surge.
02-19-2021 Augusta CEO MarketNsight Reports Homebuyers Not Fleeing Southern Cities for Suburbs
01-25-2021 Atlanta Rotary Rotary Club of Atlanta event, Former Atlanta Fed CEO interviews Rajeev Dhawan
01-15-2021 S&P Global Biden’s $1.9 trillion relief plan seen accelerating US recovery, debt hangover
01-13-2021 Transport Dive Why experts are bullish on transport M&A in 2021
01-13-2021 Transport Topics COVID-19 Vaccine Key to Restoring Economic Stability, Experts Say
01-06-2021 S&P Global Stimulus expectations tempered even with Democrats’ Senate takeover

11-10-2020 Transport Topics Holiday Ramp-Up Portends Glad Tidings for Trucking
10-29-2020 S&P Global UPDATE: US GDP expanded at record 33.1% annual pace in Q3, but momentum fading
10-13-2020 Transport Topics Trucking Industry Economy Outpaces US Economy as Capacity Tightens
09-18-2020 Atlanta Business Chronicle ‘It’s Complicated’ podcast: Economic forecasts predict a choppy recovery for Atlanta
09-17-2020 Atlanta Journal Constitution Georgia added 21,700 jobs in August as unemployment rate fell to 5.7%
09-17-2020 Transport Topics Consumer Spending Rises in August
09-17-2020 Atlanta Business Chronicle Housing considered ‘bright spot’ of Atlanta economy
09-17-2020 Atlanta Journal Constitution Expecting bad news, Georgia ports instead hit a record

08-12-2020 Transport Topics Trucking Fares Better Than Overall Economy, Experts Say
07-30-2020 Transport Topics Q2 GDP Drops a Record 32.9%, but Trucking Holding Steady
07-30-2020 S&P Global Amid historic GDP plunge, economists temper predictions of Q3 surge
07-15-2020 Transport Dive Why coronavirus controls freight’s fate in 2020
07-10-2020 Transport Dive Driver employment decline in Canada to cost industry $2.4B, report estimates
07-02-2020 Transport Topics US Unemployment Falls to 11.1%; Trucking Adds 8,000 Jobs

06-30-2020 S&P Global Ending $600 weekly unemployment bonus could set back fragile US recovery
06-25-2020 Transport Topics Economy Recovering, but Experts Fear Rise in Coronavirus Cases
06-11-2020 Atlanta Journal Constitution Jobless claims in Georgia reach 2.5 million
06-09-2020 Transport Topics Recession Began in February, Economists Say
06-08-2020 Transport Dive Trucking job-loss rate slows to 19K, but economists conflicted on recovery timeline
06-05-2020 S&P Global ‘Jaw-dropping’ May job gains surprise economists, point to unsteady road back
06-04-2020 S&P Global After May ‘rock bottom,’ economists see reason to expect slow climb in US jobs

05-28-2020 S&P Global With 2.1 million US jobless claims, total eclipses 40 million since pandemic hit
05-21-2020 CBS46 Georgia Department of Labor remain optimistic despite record unemployment numbers
05-13-2020 Wall Street Journal WSJ Survey: Coronavirus to Cause 17% Unemployment in June
05-08-2020 S&P Global Economists warn of long recovery after ‘unthinkable’ US jobs report
05-08-2020 TTNews Trucking Sheds 88,300 Jobs in April
05-07-2020 Futurity Economic Forecaster gauges our Post-Pandemic Future.
05-07-2020 CBS46 How long will Atlanta see the economic fallout of COVID-19?
05-07-2020 Conversations with GSU President Predicting What’s Next for a Damaged Economy.
To watch the video interview with Mark Becker, Click Here
To listen to the audio , Click Here
05-06-2020 S&P Global US dollar slips against peers in April as stocks rally
05-06-2020 GSU News Hub The Pandemic’s Economic Aftermath
05-05-2020 Transport Dive 7 charts show how coronavirus spikes and dips US truck activity
05-04-2020 Atlanta Journal Constitution Georgia’s economy is open for business, but normal still a long way off
05-04-2020 Transport Topics US Economy Sliding Further, Experts Say
05-02-2020 TT Radio Where is the Economy headed?
(Interview courtesy of SiriusXM and Transport Topics)
05-01-2020 Georgia Recorder Jobless ranks grow as unemployment payments lag for many Georgians

04-29-2020 Transport Topics Economy Shrinks 4.8% in Q1 as Result of Coronavirus
04-23-2020 Transport Dive Landstar: Industrial load declines like ‘nothing experienced in the history of the company’
04-23-2020 Georgia Recorder Georgia jobless rate slows but claims last five weeks top 1 million
04-23-2020 Transport Topics Experts’ Pessimism Deepens Over Economy’s Health
04-16-2020 S&P Global US jobless claims total 5.25 million, pushing 4-week count to 22 million
04-14-2020 Transport Dive Coronavirus slowdowns and shutdowns: What’s next for trucking?
04-14-2020 Georgia Recorder Bills come due for gig workers as they wait for federal help to kick in
04-06-2020 Transport Topics Spot Rates Show Signs of Stabilizing as Economy Slides Into Recession

04-03-2020 Georgia Recorder Glitches applying for jobless benefits add to frustrations for unemployed
04-02-2020 S&P Global US jobless claims surge to 6.65 million, again shattering record
03-31-2020 CBS46 Economic impact of coronavirus uncertain, economist says
03-30-2020 WSB TV “Like a Cat. 6 hurricane:” Small businesses feel devastating impact of coronavirus
03-27-2020 Asahi Shimbun U.S. “Corona fired” storm low incomes over 37 million
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03-27-2020 S&P Global Pandemic relief bill’s trillions can offer US economy only breathing room
03-27-2020 Georgia Recorder Georgia’s dependence on travel, hospitality raises recession risk
03-26-2020 Transport Topics Record Number of Workers File for Unemployment Benefits
03-26-2020 S&P Global US jobless claims surge to record 3.28 million as mass coronavirus layoffs begin
03-24-2020 S&P Global Senate reaches agreement on $2 trillion coronavirus relief plan
03-23-2020 Wall Street Journal Coronavirus-Triggered Downturn Could Cost Five Million U.S. Jobs

03-21-2020 Forbes COVID-19’s Worst Case? 10.6% Jobless Rate, $1.5 Trillion GDP Drop
03-20-2020 Transport Dive Moody’s: Transport faces ‘high exposure’ to COVID-19 disruption
03-19-2020 Transport Topics The damage to the financial side, if this lasts until summer, will be too much to give you a rebound from pent-up demand
03-17-2020 Transport Topics FTR Transportation Intelligence forecast is accurate. Still, it may be overly optimistic, and his research shows the recession could be deeper.
03-15-2020 Transport Topics If we shut down all of the hospitality industry at this point, it means that the next three months, well, you can write it off
03-13-2020 Atlanta Journal Constitution Assessing economic fallout of COVID-19
03-12-2020 Atlanta Journal Constitution Coronavirus-related impacts shake Atlanta’s economy
03-10-2020 Women’s Wear Daily Wall Street Wreck, Coronavirus and Oil Prices Hit Hard: Worries over the fast-moving outbreak and a price war in the oil market sent fashion investors running.   View PDF
03-10-2020 WABE Closer Look: Coronavirus’ Impact on Tourism, The Economy And Local Faith Communities in Georgia
03-10-2020 WSB TV Delta Air Lines reducing flights, announced other changes amid coronavirus outbreak
03-09-2020 Transport Dive Coronavirus has trucking experts on edge for 2020