Media Quotes on COVID-19 Economic Impact

About the Director

January 1, 2024 – Present

11-19-2024	Transport Topics.	“ATA Truck Tonnage Rises 1.2% Sequentially in October.” By Connor D. Wolf.
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
08-29-2024	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	The Atlanta Journal-Constitution.	“Georgia State forecaster foresees economic growth, with some Fed help.” By Michael E. Kanell. PDF
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 Listen (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 Listen (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

January 1, 2023 – December 23, 2023

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 Audio (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)

January 1, 2022 – December 31, 2022

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

January 1,2021 – December 31,2021

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

September 1, 2020 – December 31, 2020

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

July 1, 2020 – August 31, 2020

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

June 1, 2020 – June 30, 2020

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

May 1, 2020 – May 31, 2020

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

April 5, 2020 – April 30, 2020

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

March 22, 2020 – April 4, 2020

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 READ in ENGLISH
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

March 8, 2020 – March 21, 2020

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

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Media Quotes on COVID-19 Economic Impact

About the Director

Contact Us

Contact the Center

Press Contact

Connect with us on Social