April 2020
News + Updates
COVID-19 Update: Econsult Solutions has been practicing social distancing since mid-March, with all staff members working remotely. As such we remain open for business, hard at work, and eager to know how we can support your needs. We have been thinking about the big picture about how this emergency affects the industries we work in, please check out the ESI blog, Present Value, articles are linked below.
As far as we know, the USDOT deadline for applications is still May 18, as set by Congress in the FY 2020 Appropriations Act. ESI can help with preparing your transportation infrastructure grant application. The program has $1B to grant competitively. We have helped clients successfully compete for funding, contact us today.
SEPTA: Equity for Philadelphia Residents
In March, Econsult Solutions completed an analysis of SEPTA's proposed fare restructuring, examining the equity implications for Philadelphia area residents. Read more.
Visit Philadelphia: Regional Visitation & Economic Impact
We are pleased to support Visit Philadelphia with data and analysis to support the organization's efforts. Read about the economic impacts of Philadelphia's tourism activities in our most recent report.
The Regional Impact of Philadelphia International Airport and Northeast Philadelphia Airport 2019
ESI studied direct and indirect regional economic impacts of both the Philadelphia International Airport and the Northeast Philadelphia Airport to determine the magnitude of benefits to the Greater Philadelphia Region. Read the report.
The Colorado Secure Savings Plan Board engaged ESI to analyze the economic and fiscal impacts of insufficient retirement savings in Colorado as part of the state's efforts to address inadequate retirement preparedness among the state's private sector workers. Read more.
Upcoming Events and Sponsorships
Panelists include (l-r, t-b) ESI SVP Lee Huang (moderator); ESI Dir Brittany Forman; ESI Dir Gina Lavery; ESI Senior Advisor Lee Nunery; ESI Senior Advisor Lloyd Russow; ESI Senior Advisor Elmore Alexander; Leslie Smallwood and Gregory Reaves, Mosaic Development Partners; Anthony Moore, Paradigm Group; Adam Glaser, Architect; D.R. Widder, Babson College.
ESI April 2020 Webinar Series on Critical Issues Facing Higher Education
In April, ESI will host five free webinars for higher education professionals. The schedule is as follows:

Thu, Apr 23: Innovation Campus: Building a Partnership-Driven Innovation Ecosystem
Mon, Apr 27: Tech Revolution: Turning Disruption into Opportunity
Tue, Apr 28: Diversity Matters: Integrating Equity and Inclusion throughout the Institution
Wed, Apr 29: Curricular Expansions/Contractions: A framework for Planning/Budgeting for Additions and Subtractions in Academic Offerings
Thu, Apr 30: ROI of Higher Education: Making the Case for Higher Ed at a Local, Regional, and Global Level

If you are interested in joining one or more of the webinars, please contact Lindsay Durkalec.
Staff and Senior Advisor Updates
Please join us in welcoming Fred Dedrick to our Senior Advisor board. Mr. Dedrick brings more than 40 years of economic workforce development experience from across 25 states.
We welcome Terry Tracy to our Senior Advisor board. Mr. Tracy's experience extends from his service as a senior executive for various consumer goods companies, from Fortune 500 to disruptive start-up brands.
Senior Advisor Richard Bickel, FAICP, has authored an article for Present Value which will be featured in May, during ESI's Transportation month. Keep a look out for it.
As a member of the Board of Economic Advisors to the Associated Industries of Massachusetts, Senior Advisor Elmore Alexander, Ph.D., is turned to for analysis of its monthly Massachusetts Business Confidence Index.
We are looking forward to having Senior Advisor Joe Casey, CPA, former General Manager of SEPTA join our expert panel for a video chat covering the impacts of COVID-19 on transit systems.
Senior Advisor Natalie Nixon, Ph.D. will soon release The Creativity Leap, exploring how to cultivate creativity for innovation. In support, Dr. Nixon has been leading webinars "Navigating Ambiguity with Design Thinking."
Senior Advisor Bernard Markstein, Ph.D., was quoted in two Associated Builders and Contractors news releases, Jan and Feb. For Construction Pros also quoted Dr. Markstein from the Jan release. For the American Society of Interior Designers (ASID), he prepared and economic outlook and was the main speaker for the organization's webinar about the impact on the industry due to the spread of coronavirus. The ASID webinar was covered by Architectural Digest and Business of Home.
We are pleased to announce that the State of Montana has engaged our firm to complete an economic impact study of the film industry in the state. Stephen P. Mullin, Gina Lavery, and Rebecca DeJoseph will helm the project.
News from the Lab
Universities and Healthcare systems are facing unprecedented disruption. Turn ESI ThoughtLab, the thought leadership arm of Econsult Solutions for forward-thinking decision support that is informed by worldwide viewpoints and grounded in data analysis.
U.S. - China Research
Beijing-based think tank Anbound researcher Chan Kung presents "Research Summary and Recommendations of ANBOUND on COVID-19" Read the article.
Present Value
by Econsult Solutions
by Lee Huang and Gina Lavery
by Richard Voith and Ethan Conner-Ross
by Steve Wray
by Peter Angelides
by Lee Huang
by Richard Voith
from Building a Hyperconnected City
Client Spotlight
Philadelphia International Airport CEO Rochelle Cameron was quoted in the Philadelphia Business Journal in December, when asked what the best decision made during her first four years, answered "Commissioning an Economic Impact Study two years ago . . ."
The Forecast
May is ESI Transportation Month
During the month of May we will turn the spotlight on the ESI Transportation practice area. Look for focused articles, highlights, and features from our experts on the economics of Transportation and Transit.
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