LABEOC Update – 6 May 2020
Current LDH data was not available at time of publishing. All Louisiana data is available at www.ldh.la.gov/coronavirus.
Louisiana COVID-19 response strategic imperatives:Prevent spread of the virus, surge testing capacity, and surge contact tracing capability.
Hurricane Preparedness Week, 3-9 May. Get ready for hurricane season. Share tips, info and new graphics online during #HurricanePrep week, May 3-9. https://www.ready.gov/hurricanes (National) and http://www.getagameplan.org/ (Louisiana).
State by State Reopening Guidance.https://www.uschamber.com/article/state-by-state-business-reopening-guidance
All Hazards Consortium “COVID-19 Innovations for Response: Emergency Operations (State Perspectives)”. AHC will present a Zoom Webinar featuring state Private Sector Liaisons from Louisiana, Florida, and Maryland on Thursday, 7 May at 3:30 PM Central. To register: https://www.resilienceexch.org/series-info-
FEMA NBEOC Dailey Lifeline Snapshot Business & Industry Domestic Supply Chain.
- GasBuddy gasoline demand data shows a strong Monday, with gasoline demand up 7.74% from the Monday prior. It’s the highest Monday demand since 3/16 and up 18.66% from the lowest Monday (4/6). It is expected that as states reopen, growing consumer gas demand will serve as an early indicator of recovery.
- Based on current trajectory it is estimated that 70-75% of demand to return in the next 6 months
- 15-20% taking 6-12 months beyond that
- 5-15% of demand returning a period longer than 12 months
- 5-10% of demand may exit the marketplace permanently
- Pork processing capacity is reduced by approximately 46% which adds approximately 230,000 animals to the overstock amount each day. The reduction includes reopening two plants at limited capacity, decreased reductions at five plants, increased reductions at five plants, closures at two plants, and mechanical issues at one plant.
- May and June are still forecasted to see flat or declining import volumes exacerbated by lack of consumer demand for certain goods as well as blank sailings that diminish import capacity by 16% to the east coast and 20% to the west coast.
Private payrolls hemorrhaged more than 20 million jobs in April as companies sliced workers amid a coronavirus-induced shutdown that took most of the U.S. economy offline, according to a report Wednesday from ADP. In all, the decline totaled 20,236,000 – easily the worst loss in the survey’s history going back to 2002 but not as bad as the 22 million that economists surveyed by Dow Jones had been expecting. The previous record was 834,665 in February 2009 amid the financial crisis and accompanying Great Recession.
LABI releases policy recommendations for liability reform after COVID-19. The Louisiana Association of Business and Industry today released policy recommendations to help protect businesses from the threat of lawsuits in wake of the COVID-19 pandemic. “Right now, Louisiana’s economy is experiencing an unprecedented crisis,” says LABI President Stephen Waguespack in a prepared statement. “As businesses start to recover, they should be able to focus on getting their employees back to work and opening their doors without living in constant fear of being sued.” https://www.businessreport.com/newsletters/labi-releases-policy-recommendations-for-liability-reform-after-covid-19
Community banks shine in PPP, reap new business as a result. According to national reports, banks with under $10 billion in assets approved about 60% of loans in the first round of the PPP. The smallest banks performed even better: Those with $1 billion or less in assets approved nearly 20% of loan dollars. Citizens Bank Senior Vice President Jim Purgeson attributes the success of community banks like his to their ability to be nimble, and he says it’s paying off in new customers like Covalent Logic. https://www.businessreport.com/newsletters/community-banks-shine-in-ppp-reap-new-business-as-a-result
The Baton Rouge Area Chamber today released its weekly COVID-19 dashboard that examines and assesses the impact of the COVID-19 pandemic on the regional economy. The weekly dashboard is available online at brac.org/recovery.
The U.S. trade deficit rose in March as the coronavirus outbreak battered America’s trade with the world. The Commerce Department reported today that the gap between what the U.S. sells and what it buys abroad widened 11.6% in March to $44.4 billion from $39.8 billion in February.
OPEN BIDS – all can be found on LaPAC at https://wwwcfprd.doa.louisiana.gov/osp/lapac/srchopen.cfm?deptno=all&catno=all&dateStart=4%2F27%2F2020&dateEnd=5%2F30%2F2020&compareDate=O&keywords=&keywordsCheck=all
- Emergency Flood Barriers, Bid #3000014072, Closes 12 May, 10 AM CST
- Emergency Contingency Hygiene Kits, 3000014549, closes 12 May, 10am CST
- Hygiene Kits, Adults & Babies-Statewide.3000014744, closes 12 May, 10am CST
Resilient Louisiana Commission. For information on Commission and Task Force meetings, meeting minutes, and more visit: https://www.opportunitylouisiana.com/resilientlouisiana
As always THANK YOU for your TREMENDOUS support of Louisiana.
Chris J. DeGuelle
LABEOC Director
The LA BEOC is designed and developed by the NIMSAT Institute under the Cooperative Endeavor Agreement with the Louisiana Governor’s Office of Homeland Security and Emergency Preparedness (GOHSEP)
