Derecho damage could spark Cedar Rapids economy - Swenson

September 7, 2020

David SwensonDavid Swenson, research scientist, was interviewed for a Sept. 6 Gazette article, "Damage from derecho could lead to economic 'spark' in Cedar Rapids."

“Your economy was hindered because people couldn’t go to work,” Swenson said. “And businesses couldn’t operate because of the derecho and the power losses, so you had disruptions in people’s ability to engage in commerce.”

Swenson said much of what was lost in the derecho doesn’t have a direct economic cost. “We don’t have a mechanism for calculating the sheer value or the aesthetic value of those trees,” Swenson said.

Kathy Bolten, Des Moines Business Record, on using Iowa Workforce Development administrative data on the race and Hispanic origin of unemployment recipients to infer to the larger minority population’s pandemic unemployment experience.

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