AndCan® Index: July 2020 – April Demand Up Significantly

April 2020 legal U.S. cannabis product demand increases 3.6% Monthly demand for legal cannabis products in the U.S. increased by 3.6% in April. Year-over-year demand is strong, showing a 16.3% growth rate. After slowing down in March, the growth trend rebounded in April. FOR IMMEDIATE RELEASE EAST LANSING, MI—July 15, 2020—According to Anderson Economic Group’s […]

AEG Experts Analyze Recent Spike in Legal Cannabis Sales

Legal cannabis sales surged to new highs in some states even as COVID-19 caused record unemployment levels and billions in lost income. Experts at Anderson Economic Group, who have tracked legal cannabis demand through the AndCan® Index since 2015, suspect this short-term spike is unlikely to last, however, as consumer behavior adjusts to the new […]

COVID-19’s Continuing Toll on the Auto Industry

Current Battles and Financial Adversity: A Continued Test for the U.S Auto Industry East Lansing, MI; July 9, 2020—Anderson Economic Group analysts note that May 18, 2020 was a historic Monday in the U.S. automotive industry. On that day, after several weeks of halted production due to the pandemic, major manufacturers scored a small but […]

PPP Loans Extend Lifeline to Fast Food Franchises During COVID-19

Chicago, IL— July 9, 2020—Since the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in late March, the federal government has been battling the economic repercussions of COVID-19 by supplementing unemployment checks and extending loans to small businesses through the Paycheck Protection Program (PPP). A newly released analysis by experts at Anderson […]

AndCan®Index, June 2020 Release: Demand Growth Flat in March

Legal U.S. cannabis product demand remained almost flat in March Monthly demand for U.S. legal cannabis products remained largely steady for the month of March. Year-over-year demand is strong, growing by 13.6%. After increases in January and February, growth stumbled in March for a flat showing. FOR IMMEDIATE RELEASE EAST LANSING, MI—June 25, 2020—According to Anderson […]

COVID-19 June Commentary and Analysis

Current Commentary and Charts: AEG 2-Wave Models   AEG’s Ongoing COVID-19 Analysis: June 2020 Memo to Michigan’s Governor: Covid-19 Progression and Michigan’s economy (revised 4/22) June 17 Op-Ed from Patrick Anderson June Media Releases and Other COVID-Related Analyses: Cancelled Summer Events Exacting Economic Toll on Chicago Economy Statement on the Impacts of Widespread Looting Anderson […]

Cancelled Summer Events Exacting Economic Toll on Chicago Economy

Chicago, IL; June 9, 2020 — Businesses across Chicago began to reopen last week after more than two months of COVID-19 stay-at-home orders. There are still tough times ahead for the city’s economy, however. A major announcement from the Mayor’s office today officially cancelled a number of popular summer events. “Lollapalooza, the Taste of Chicago, […]

Statement on the Impacts of Widespread Looting

East Lansing/Chicago—As cities across the nation held peaceful protest over the death of George Floyd this weekend, several experienced looting that left businesses destroyed or damaged, sometimes beyond repair. Experts at Anderson Economic Group reviewed news publications to identify where looting occurred in the 20 largest metropolitan areas across the country, and estimate that the […]

Anderson Economic Group Economists Estimate Adjusted Unemployment Rate at 16.3% in May

Unemployment and the Pandemic Anderson Economic Group economists have focused on the coronavirus pandemic and the related business and government actions since February of this year. In March, we identified the huge impact of both state executive order restrictions and decisions to restrict travel, cancel events, and close businesses as likely to cause 100 million […]

AEG COVID-19 Analyses: May 2020

AEG’s May COVID-19 Analysis Memo to Michigan’s Governor: Covid-19 Progression and Michigan’s economy (revised 4/22) May Releases and Other Analysis: Covid 19 Cases Trending Down in Tesla Plant Location U.S. Unemployment Payments Now “Among the Largest Payrolls in the History of the World” Upper Midwest: Illinois, Indiana, Michigan, Ohio all Trending Downward Current Commentary and […]