Territorial Economic Impact Index: Measuring the ongoing effects of long-term disruptions to Pacific Island Territories

Technical Report · Wed Sep 01 04:00:00 EDT 2021

DOI:https://doi.org/10.2172/1986528· OSTI ID:1986528

Smith, Braeton ^[1]; Riddle, Matthew ^[1]; Braybrooks, Melissa ^[2]; Edgemon, Lesley ^[1]; Hyde, Iain ^[1]

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1. Argonne National Laboratory (ANL), Argonne, IL (United States)
2. US Department of the Interior, Washington, DC (United States). Office of Insular Affairs

The Territorial Economic Impact Index (TEII) estimates the change in overall territory-level economic activity during the COVID-19 pandemic relative to January 2020. It shows which Pacific Island Territories may be more susceptible to large reductions in economic activity compared to normal conditions by looking at which industries make up each territory’s economy and then tracking monthly changes in industry employment at the U.S. national level. Economic activity in the TEII is measured by the total value added of all industries within the territory. Territories with economic activities dominated by industries experiencing rising unemployment can expect larger direct impacts to their local economies, particularly if the industries account for a large portion of the economic output of that county. Results are available for all three Pacific Island Territories: American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands.

• Research Organization: Argonne National Laboratory (ANL), Argonne, IL (United States)
• Sponsoring Organization: US Federal Emergency Management Agency (FEMA); USDOE
• DOE Contract Number: AC02-06CH11357
• OSTI ID: 1986528
• Report Number(s): ANL/DIS--22/2; 178328
• Country of Publication: United States
• Language: English

Related Subjects

99 GENERAL AND MISCELLANEOUS
American Samoa
COVID-19
Guam
Northern Mariana Islands
economic impact
territories