Its official. EVERYTHING is now cancelled.
- Thread starter jdubb66
- Start date
China reported 46 new cases in the past 24 hours. They did say those cases are from people coming into China. The reason some factories are working now is because of the massive economic impact this has had. Restaurants are still limited to take out only and stores other than groceries are not open yet. I wouldn't call that back to normal.
If this were somehow to continue on into June or July it would affect the summer athletic camps. Something like that would be a financial hit to the athletic department as well.
Economist: Pandemic to hit El Paso retail sales, fuel bankruptcies
El Paso economists are revising their outlook for 2020, and UTEP economics professor Tom Fullerton said Friday he expects their projection of $1.2 billion in retail sales in 2020 to plunge to $960 million or less.
“That decline will combine with other domestic income and employment losses to cause a greater volume of El Paso business bankruptcies than the 62 that were forecast by the UTEP Border Region Modeling Project last December,” Fullerton said in an email.
Usually retail sales to residents of northern Mexico account for 8% to 14% of total commercial activity in El Paso. Now cross-border retail sales are expected to fall toward the 8% range, or lower.
In UTEP’s Borderplex Economic Outlook to 2021 report, total pedestrian border crossings into El Paso were originally projected to reach nearly 7.5 million while total personal vehicle crossings were forecast to exceed 11.8 million.
Those volumes may decline to 5 million pedestrians and 8 million small automobiles, according to Fullerton.
– Robert Gray
- By El Paso Inc. staff
- Mar 22, 2020 Updated 19 hrs ago
El Paso economists are revising their outlook for 2020, and UTEP economics professor Tom Fullerton said Friday he expects their projection of $1.2 billion in retail sales in 2020 to plunge to $960 million or less.
“That decline will combine with other domestic income and employment losses to cause a greater volume of El Paso business bankruptcies than the 62 that were forecast by the UTEP Border Region Modeling Project last December,” Fullerton said in an email.
Usually retail sales to residents of northern Mexico account for 8% to 14% of total commercial activity in El Paso. Now cross-border retail sales are expected to fall toward the 8% range, or lower.
In UTEP’s Borderplex Economic Outlook to 2021 report, total pedestrian border crossings into El Paso were originally projected to reach nearly 7.5 million while total personal vehicle crossings were forecast to exceed 11.8 million.
Those volumes may decline to 5 million pedestrians and 8 million small automobiles, according to Fullerton.
– Robert Gray
We know. You have already said you are a Donald supporter.
Trump must have been reading Autograph Boy's post. In his conference today he basically wants this over with and go back to normal because in the grand scheme of things the numbers are low.
he don't care about what white people want, he cares about his bank account
We all know you don't know the difference between "don't" and "doesn't".
we all???? HE DON'T give a shit about your gay ass. FACT!!! He DOESN'T give a **** about you being white, either!
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and you DOESN'T realize he DO NOT give a **** about white people...... DON'T you? It's about him, lil sis
He'll play the piano to cater to whites, but he DOES NOT give a **** about your race, as long as he gets his money.... He sees minorities as an obstacle, though
reality has just hit you smack in the face.... now you know trump DON'T like white folk.... He is looking out for #1 and that ISN'T you
you forgot a comma before too..... but anyways, I think they did away with that when they got rid of the gold diggers name
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