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Additional info for Pandemic Flu And The Potential For U.S. Economic Recession A State-by-State Analysis (2007)
More precise numbers were used for the calculations in the model analysis. ^^The TFAH model assumes that educational services and the finance and insurance industry will experience a drop in demand. The CBO model assumed that these industries were unaffected. ++Healthcare is assumed to increase on a macro-level, due to a surge in hospitalizations based on the CBO model. 2 billion in losses ■ Projected Number of Lives Lost: 30,000* ■ Projected Number of Sick Workers [3 weeks of work lost (with 50 weeks of work per year) from those who are either ill, fear the risk of infection at work, or need to take care of sick family members]: 1,381,000* * Note: “Projected GDP Loss from Pandemic” may differ slightly from the sum of the projected impact from the workforce, industries, and trade due to rounding.
6 billion in losses ■ Projected Number of Lives Lost: 57,000* ■ Projected Number of Sick Workers [3 weeks of work lost (with 50 weeks of work per year) from those who are either ill, fear the risk of infection at work, or need to take care of sick family members]: 2,688,000* * Note: “Projected GDP Loss from Pandemic” may differ slightly from the sum of the projected impact from the workforce, industries, and trade due to rounding. The projected number of lives lost and sick workers are rounded to the thousandths place.
More precise numbers were used for the calculations in the model analysis. Indiana: Potential GDP Losses by Industry During a Severe Flu Pandemic** Private Industry/Government Agriculture, forestry, fishing, and hunting Mining Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance^^ Real estate, rental, and leasing Professional and technical services Management of companies and enterprises Administrative and waste services Educational services^^ Health care and social assistance++ Arts, entertainment, and recreation Accommodation and food services Other services, except government Government 2005 Annual GDP (Rounded to millions of dollars) 1,686,000,000 910,000,000 5,214,000,000 10,549,000,000 67,208,000,000 12,846,000,000 15,262,000,000 8,397,000,000 5,412,000,000 13,964,000,000 22,627,000,000 9,110,000,000 2,602,000,000 6,192,000,000 1,773,000,000 17,422,000,000 3,215,000,000 5,247,000,000 5,658,000,000 23,274,000,000 Demand Loss in GDP (Rounded to millions of dollars) 42,000,000 23,000,000 264,000,000 1,680,000,000 321,000,000 382,000,000 1,406,000,000 349,000,000 44,000,000 (653,000,000) 643,000,000 1,049,000,000 71,000,000 - **Industry/Government groups from the 2005 Bureau of Economic Analysis.