February 11, 2021
Cupid's Economics

For many, last week’s Super Bowl brought an economic touchdown. This week we turn our attention to a celebration of love: Valentine’s Day and the impact Cupid himself can have on the economy.

-The U.S. Greeting Card Association estimates that approximately 190 million valentines are sent each year.

-The National Retail Federation estimates that with 52 percent of U.S. adults likely to celebrate that total spending will total $21.8 billion.

-The average cost of a night out for a couple on Valentine’s Day is $54.83 in Illinois (18th highest) according to the NRF.

-One survey indicates that the average American will spend $142 on a Valentine’s Day gift.

Between dinners, candy, flowers and jewelry, many Americans will spend in the name of love. This provides many businesses with an opportunity to host sales or specials. For more Valentine’s Day statistics, WalletHub has amassed an infographic detailing more. 
COVID-19 Related News

The Pfizer vaccine could be effective against the UK and South African variants early data suggests.

Related: Pfizer hopes to start testing its vaccine on children this year.

Illinois reports its first case of the South African COVID-19 variant.

President Biden announces that a deal has been reached for 200 million more vaccines.

Some doctors warn COVID-19 may become endemic

The C-UPHD expands vaccine eligibility to include those aged 40-65 with underlying health conditions and disabilities. 

Carle Foundation Hospitals is recognized as one of "America's 50 Best Hospitals". 

In Other News

Governor Pritzker will propose his FY2022 budget with no tax increase next Wednesday, February 17.

US Attorney for the Central District of Illinois John Milhiser announces departure.

The second impeachment trial of former President Donald Trump began this week. 

Champaign School District partners with the CUMTD to launch a new campaign for Black History Month.
Bids and RFPs

City of Urbana- Request for Quotes: Postcard Mailing to Residents.
Champaign County- None at this time. 

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