Dealer Losses Due to CDK Cyberattack to Reach $944 Million in First Three Weeks

Anderson Economic Group estimated direct losses for affected dealers due to business interruptions from recent cyberattacks EAST LANSING, Mich. – Anderson Economic Group has analyzed direct losses to automotive dealers affected by the hacking and ransomware attack on CDK software and systems, and the resulting shutdown or impairment of operations, inability to operate systems, inability […]

Economic & Fiscal Impact of the Sanford Underground Research Facility (SURF)

The Sanford Underground Research Facility (SURF) is a multidisciplinary underground science research laboratory located in Lead, South Dakota. SURF is managed by the South Dakota Science and Technology Authority (SDSTA). SDSTA retained Anderson Economic Group to estimate the economic and fiscal impact of SURF on South Dakota and the Western South Dakota region. To determine […]

Economic Impact Report Released for Illinois’ Fermilab

Anderson Economic Group was retained by Fermilab  to study the economic and fiscal impact on Illinois. This report demonstrates a significant impact on the particle physics and accelerator laboratory’s home state of Illinois. The findings, based on FY 2018 data, show an economic impact on the state totaling $452 million. The lab’s activities also created […]

New Release: Special Report on AI Damages, Part I

A new study from AEG’s Patrick L. Anderson shows AI and machine learning negligence pose serious economic risks. Problems can be identified and mitigated by implementing adequate “AI Audit” protocols. Few businesses are prepared for significant damages due to management complicity with bad AI applications AI Audit methodology proposed to safeguard organizations and individuals, limit […]

Business strategy and firm location decisions: testing traditional and modern methods

This paper, written by Patrick L. Anderson for the January issue of the NABE’s Business Economics journal, is the recipient of a 2018 Edmund A. Mennis Contributed Paper Award. The work earned Mr. Anderson his third Mennis award for the nationally-recognized accuracy of its analysis in handicapping location bids for Amazon’s “HQ2.” Abstract For nearly […]

Just-published article explains controversial Amazon HQ2 decisions

Nationally-recognized experts explain why New York City and D.C. were picked over other cities; Notes alternatives to NYC including Newark, Chicago, Atlanta–and even Detroit FOR IMMEDIATE RELEASE East Lansing, Michigan—February 19, 2019—An award-winning article that explained Amazon’s choices among cities competing for the coveted “HQ2” facility has just been published. It demonstrates why New York […]