Buy America and American Manufacturing

[Slides]Buy America and American Manufacturing – Julia Wacker, Carson Poling, Tobias Reynolds, & Xiaochu Ma, REMI

[Recording]Buy America and American Manufacturing – Julia Wacker, Carson Poling, Tobias Reynolds, & Xiaochu Ma, REMI

President Biden signed an executive order on the 25^th of January that was intended to strengthen the Buy American Act and bolster manufacturing efforts in this country.

On Wednesday, February 10th from 2:00 to 3:00 p.m. (ET), REMI CEO & Chief Economist Frederick Treyz, Ph.D. and business development representatives Carson Poling and Julia Wacker will be hosting “Buy America and American Manufacturing,” our upcoming webinar that examines how buying American can impact the nation’s economy. During this presentation, they will use our Policy Insight model to evaluate the long-term, dynamic economic impacts of Biden’s executive order as they analyze the benefits and trade-offs across the entire economy.

The Buy American Act requires the United States to contract with U.S. businesses whenever possible. By increasing the required threshold for how much of a product must be made in the U.S. to qualify as “Made in America” and changing how domestic content is defined and measured, the Biden administration aims to close loopholes and allow for direct federal spending on American goods and services.

Administrative officials have said that “when we use taxpayer money to rebuild America, we buy American and we support American jobs.” However, critics of the executive order claim that positive impacts to American production and manufacturing will be minimal when compared to the increase in costs to taxpayers and the federal government caused by this policy.

Broadband Expansion and Rural Economic Development

[Slides]Broadband Expansion and Rural Economic Development – Frederick Treyz, Ph.D. & Alexandra Burelbach, REMI

[Recording]Broadband Expansion and Rural Economic Development – Frederick Treyz, Ph.D. & Alexandra Burelbach, REMI

President Biden’s plans for improving energy and infrastructure coincide with furthering the economic development of our nation. Improving internet connectivity and access to broadband in rural areas is a relevant and heavily considered strategy to spur economic development across the United States.

On Thursday, February 4th from 2:00 to 3:00 p.m. (ET), REMI CEO & Chief Economist Frederick Treyz, Ph.D. & Business Development Representative Alexandra Burelbach will be hosting “Broadband Expansion and Rural Economic Development,” our upcoming webinar that explores the Biden administration’s plans for investing in broadband.

During this presentation, Dr. Treyz and Ms. Burelbach will demonstrate the economic impact of federally-backed broadband expansion. Using the REMI PI+ model, they will estimate the potential economic impact of broadband expansion on rural economies.

REMI First 100 Days Webinar Series

Please feel free to join us for the REMI First 100 Days Webinar Series starting Friday, February 12th that will evaluate some of the key initiatives laid out by the Biden Administration and describe how they could impact regional economies and industries.

We invite you to sign up for any of the following sessions:

First 100 Days: Do We Need a Stimulus?

Our first webinar in the series will explore President Biden’s 100-day plan, which is intended to change the course of the pandemic and build toward economic recovery. In this presentation, REMI will examine the potential implications of the American Rescue Plan and President Biden’s agenda to better understand how they will impact state and local governments.

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First 100 Days: Biden on Energy, Environment, and the Economy

The next webinar in the series will assess the various energy and environmental proposals from the 100-day plan using the REMI E3⁺ model.

Slides | Recording

First 100 Days: Biden’s Infrastructure Plan

Our third session examines the new administration’s approach regarding transportation networks and infrastructure improvements throughout the United States.

Slides | Recording

First 100 Days: The Biden Labor & Immigration Policy

Please feel free to join us for the fourth installment of our webinar series that will analyze the new Pathway to Citizenship parameters proposed by the Biden administration, as well as the economic impacts of an increased federal minimum wage.

Slides | Recording

First 100 Days: Biden and the Re-opening of the Economy

The fifth and final presentation in our upcoming series evaluates the necessary criteria for reinstating normal economic activity in this country before comparing that against our current trajectory.

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Colby Lancelin – Pandemic and the Economy: Crisis Diverted?

[Slides]Pandemic and the Economy: Crisis Diverted? – Colby Lancelin, Atlanta Regional Commission

[Recording]Pandemic and the Economy: Crisis Diverted? – Colby Lancelin, Atlanta Regional Commission

The emergence of COVID-19 created substantial difficulties for the majority of our nation’s regions and industries, with many of these disruptions still left unsolved at this point. It is likely that these newly generated complications will continue to affect our economy and demographics even after a sense of normalcy has been established.

Colby Lancelin, Principal Planning Coordinator for the Atlanta Regional Commission, will be joining REMI on Thursday, February 25th from 2:00 to 3:00 p.m. (ET) for a guest webinar presentation entitled “Pandemic and the Economy: Crisis Diverted?”

This discussion will focus on the Atlanta metropolitan region as Mr. Lancelin takes a preliminary examination of the pandemic’s potential challenges and impacts to the area’s long-range socioeconomic outlook.

The methodology utilized in this evaluation of how Atlanta has responded to the presence of COVID-19 and the major findings from this analysis will all be included in Mr. Lancelin’s upcoming guest presentation.

Igor Linkov, Ph.D. – Efficiency & Resilience in Economic Models: Resilience Analytics in Post-COVID Societies

[Slides]Efficiency & Resilience in Economic Models: Resilience Analytics in Post-COVID Societies – Igor Linkov, Ph.D., U.S. Army Engineer Research and Development Center

[Recording]Efficiency & Resilience in Economic Models: Resilience Analytics in Post-COVID Societies – Igor Linkov, Ph.D., U.S. Army Engineer Research and Development Center

As countries prepare to remodel themselves once the COVID-19 pandemic subsides, they must tackle growth and development expectations by using resources more sustainably while ensuring that their societies are able to weather future disruptions.

On Thursday, February 11th from 2:00 to 3:00 p.m. (ET), REMI will be hosting “Efficiency & Resilience in Economic Models: Resilience Analytics in Post-COVID Societies,” our upcoming guest webinar that features Igor Linkov, Ph.D., Risk and Decision Science Focus Area Lead for the U.S. Army Engineer Research and Development Center.

Dr. Linkov is prepared to explain how the COVID-19 experience has indicated that economic systems could become more vulnerable to shocks and disruptions if their practices excessively prioritize system efficiency over resilience. Efficiency-based approaches often rely on complex and interconnected systems to meet the rising demands of society, but these systems can be prone to failures and delays when they encounter unexpected stressors.

This guest presentation will describe why building resilience should equate to maximizing socioeconomic systems’ long-term sustainability rather than abandoning efficiency. Dr. Linkov will be evaluating a case study of resilience and efficiency in transportation networks that integrates the REMI model and resilience analytics.

Also included in this presentation will be an examination of how combining resilience and efficiency would allow society to preserve or even improve living standards during current and future crises.