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March 20, 2020

UArizona Experts Available to Discuss COVID-19 Economic Impact

TUCSON, Ariz. — On top of being a public health crisis, the COVID-19 outbreak is proving to be an economic crisis as well. The stock market has endured significant losses this month. Airlines and hotels have seen bookings fall dramatically. Many restaurants, bars and retailers have been forced to close or drastically scale back operations.

In short, this is a period of significant uncertainty, and University of Arizona experts are available to shed light on what may be coming for the U.S. economy, businesses and individual consumers, and what recovery might look like.

The following experts are available to speak to media:

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Researcher contact:
George Hammond
Eller College of Management

George Frisvold
College of Agriculture and Life Sciences

Media contact:
Andy Ober
University Communications

The University of Arizona, a land-grant university with two independently accredited medical schools, is one of the nation's top public universities, according to U.S. News & World Report. Established in 1885, the university is widely recognized as a student-centric university and has been designated as a Hispanic Serving Institution by the U.S. Department of Education. The university ranked in the top 20 in 2018 in research expenditures among all public universities, according to the National Science Foundation, and is a leading Research 1 institution with $687 million in annual research expenditures. The university advances the frontiers of interdisciplinary scholarship and entrepreneurial partnerships as a member of the Association of American Universities, the 65 leading public and private research universities in the U.S. It benefits the state with an estimated economic impact of $4.1 billion annually.