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COVID 19 Update 43

House of Representatives Passes a New COVID-19 Relief Package –  SBA Issues Updated FAQs

The legislation, which passed the Senate Tuesday, includes $310 billion in funding for the Paycheck Protection Program. The Small Business Administration issued an updated FAQ document today for PPP lenders and borrowers to provide guidance on application submissions, secondary sales of PPP loans and eligibility for businesses with large company ownership.

You can read the FAQ here

4.4 Million More People Filed for Weekly Unemployment Claims

More than 4.4 million Americans filed their first claims for unemployment insurance last week as the U.S. economy bleeds jobs under a lockdown imposed to slow the coronavirus pandemic, the Labor Department reported Thursday.

More than 26 million Americans have applied for their first round of unemployment insurance since March as shuttered businesses began laying off workers. Millions more are believed to have lost their jobs but have been unable to apply for or are disqualified from receiving jobless benefits.

Read More at The Hill

The Composite Purchasing Managers’ Index for the Eurozone Posted a Reading of 13.5 in April –  A Reading Below 50 Suggests a Contraction

Europe’s economy nosedived in March, with surveys from the continent’s three largest powers tanking to record lows far worse than anything witnessed even during the depths of the 2008 financial crisis.

Britain’s, France’s, and Germany’s manufacturing and service-sector performances have fallen off a cliff as the coronavirus outbreak shut down economic activity around the world, according to IHS Markit’s closely watched Purchasing Managers’ Index, which surveys business leaders in the economy.

“The dire survey readings will inevitably raise questions about the cost of the lockdown, and how long current containment measures will last,” said Chris Williamson, IHS Markit’s chief business economist.

Read More at Business Insider

Cuomo: New York Antibody Study Estimates 13.9% of Residents Have Had the Coronavirus

The State has completed a statewide antibody testing study in which a random sample of 3,000 New Yorkers were tested for antibodies in 19 counties and 40 localities. Of the individuals tested 13.9% had COVID-19 antibodies, which means they had the virus at one point but have recovered or were asymptomatic.

With more than 19.4 million people residents, according to U.S. Census data, the preliminary results indicate that at least 2.7 million New Yorkers have been infected with Covid-19.  The results differed across the state with the largest concentration of positive antibody tests found in New York City at 21.2%. In Long Island, 16.7% of the people tested were positive and in Westchester, where the state’s first major outbreak originated, 11.7% of the tests were positive. The Covid-19  pandemic across the rest of the state is relatively contained with just 3.6% of positive test results.

Those varied results, the Governor said, reinforce the need to take a regional approach to reopening – both within New York State and across the Northeast.

Read More at CNBC

Where, How, and When to get Tested for the Novel Coronavirus in Each County in the Hudson Valley and Catskills

Chronogram has compiled a very helpful list of locations and proceedures for COVID 19 testing.

“With uncertainty regarding the virus in general circulating, confusion around testing guidelines and resources seems to be just as widespread. So, when should you ultimately get tested and where? What symptoms would someone need to be experiencing in order to be tested? We have gathered all the COVID-19 testing information for each county in the Hudson Valley and Catskills and compiled it into this comprehensive list. (Please note the testing centers listed under each county are only the public sites listed by each county. Additional testing locations can be found by calling each county’s coronavirus hotlines, or the state’s at (888) 364-3065).”

Read More at Chronogram

GM Exec: Don’t Expect Factories to Operate Like Before

General Motors is developing “a playbook” to help all its manufacturing sites get ready for whenever they reopen says worker safety executive Jim Glynn, who suggests certain changes will remain long term, such as not running back-to-back shifts. The company is using “visual cues,” masks and temperature checks at its factories that are making ventilators, he says.

Read the Full Story at Chief Executive online

Re-Opening: Greenwald Doherty have Compiled a Summary of Some Legal Issues that Employers Will Want to Keep in Mind as They Resume On-Site Operations

Governments are making plans to re-start the economy and, in some parts of the country, moving forward. Although in most states, shelter-in-place orders are still in effect and most non-essential businesses remain closed, companies are also starting to plan for restarting operations and re-hiring downsized workforces. When business resumes, things will move quickly and companies will need to consider safety issues, legal compliance, staffing concerns, and many other logistical and economic factors.

Below is summary of some legal issues that employers will want to keep in mind as they start to resume on-site operations:

Greenwald Doherty Back to Work Guidance

read more »

COVID 19 Update 42

Bloomberg to Spearhead Virus Tracing in New York – Pledges $10 Million to the Cause

Mr. Bloomberg will help the state design and build a contact tracing program, intended to enable authorities to understand where and how the virus is spreading and take necessary countermeasures to contain it. Contact tracers locate people who have been infected and then track all others with whom they have had recent contact.

Robust contact tracing systems have helped Germany, Singapore and South Korea weather the pandemic with relatively fewer casualties and less economic disruption than other nations. Standing up a similar regime in New York and the surrounding states has been deemed critical by Mr Cuomo — as well as business leaders and public health officials — for the state to reopen its economy.

Read More at the Financial Times

New York State Comptroller Thomas DiNapoli Has Released a Report that Concludes the Following Regarding the Fiscal Impact of the Coronavirus on the State’s Finances:

  • The fiscal impacts of the COVID-19 pandemic will be with us for some time.
  • More federal assistance is essential.
  • The State ended SFY 2019-20 with a higher-than-projected General Fund balance of $8.9 billion, but could face a cash crunch starting early in the new fiscal year.
  • Long-term borrowing should only be used as a last resort, and if so should be limited in scale and duration.
  • Planned Medicaid savings remain uncertain.
  • Extraordinary flexibility to control spending requires extraordinary transparency and accountability.
  • The State must start as soon as possible to prepare for the next fiscal crisis.

Read the Comptroller’s Report

Survey: Global CEOs See U-Shaped Recession Due to Coronavirus:

Around 60% of chief executives are preparing for a U-shaped recovery – a long period between recession and an upturn – compared with 22% who predict a double-dip recession, according to an April 15-19 poll of 3,534 chief executives from 109 countries conducted by YPO, a business leadership network.

The survey found that 11% of chief executives see coronavirus as a risk to the survival of their firm, while a further 40% say the pandemic poses a severe threat.

There are some beneficiaries, with 10% of sector-specific retail and wholesale leaders as well as heads of production firms in agriculture, factories, mines and utilities reporting a positive impact to their revenue.

However, most chief executives expect things to get worse before they get better.

Read the Article at Reuters

Return to Work Guidance

One of the most frequently asked questions we receive is regarding return to work protocols. The CDC offers guidance for employers in return to work situations that include:

  • At least 3 days (72 hours) have passed since recovery defined as resolution of fever without the use of fever-reducing medications and
  • Improvement in respiratory symptoms (e.g., cough, shortness of breath);
  • and, At least 7 days have passed since symptoms first appeared.

Though many of the options for occupational health and medicine in the Hudson Valley have been reduced or are no longer available  Council of Industry friend and Associate Member Emergency One Urgent Care and Occupational Health continues to provide occupational health and medicine during this coronavirus pandemic.

If you have questions on the CDC guidelines you can also email Jim Devit at

Strategies to Optimize the Supply of PPE and Equipment

While written for healthcare providers these strategies can also be adopted by manufacturers who need to stretch supplies and keep workers safe.

“CDC’s optimization strategies for PPE offer options for use when PPE supplies are stressed, running low, or absent. Contingency strategies can help stretch PPE supplies when shortages are anticipated, for example if facilities have sufficient supplies now but are likely to run out soon. Crisis strategies can be considered during severe PPE shortages and should be used with the contingency options to help stretch available supplies for the most critical needs.”

Those guidelines can be found here.

NAM “Count Us In” Video Honors Manufacturers and Manufacturing Workers

Watch the NAM’s new video “Count Us In.” The video rolled out April 22nd on NAM social media, including Facebook, Twitter, LinkedIn and Instagram, to honor the everyday manufacturing heroes responding to COVID-19 and enhance the public’s understanding of manufacturers’ role in the response, recovery and renewal of our country.

Manufacturing is Essential and The Council of Industry is very proud of all its members. We encourage you to share the video on your social media platforms.

Liability Policy Recommendations For the COVID Crisis

As businesses respond to COVID-19 with speed and improvisation, manufacturers are pushing for liability policies to fit the moment. Here are its broad recommendations from the new plan:

  • Create rational rules: “For many manufacturers, [this crisis] has generated nearly impossible legal compliance quandaries. They are simply doing their best to follow guidance from the CDC, OSHA and state agencies. Congress should protect the essential companies that have operated in good faith to help sustain the country during this crisis.”
  • Strengthen Good Samaritan protections: “State and local Good Samaritan protections vary widely . . . . Congress should remove barriers to producing important materials and protect those who act in good faith, consistent with CDC guidance.”
  • Preventing inappropriate state tort expansion: “As America prepares to return to work, Congress should act to protect essential manufacturers from . . . abusive forms of litigation advanced by special interests.”

Read the Plan



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COVID 19 Update 41

Senate passes $484 Billion Coronavirus Deal

The agreement centers around providing $380 billion for small businesses and also includes $75 billion for hospitals and $25 billion for disease testing. It comes after a brutal conflict between party leaders over how to pass a massive bill with the Senate in recess.

The deal includes an additional $310 billion for the Paycheck Protection Program (PPP), including $60 billion specifically for community banks and smaller lenders, as well as $75 billion for hospitals, $25 billion for testing, and $60 billion for emergency disaster loans and grants, according to a summary obtained by The Hill. Of that testing money, $11 billion will go to states and some will also go to the federal government.

The House is expected to take up the bill on Thursday. President Trump has indicated he will sign it.

Read More at The Hill

Governor Cuomo: Meeting with President Trump “Productive”  The Two Leaders “Got a Lot Done.”

According to the Governor the primary topics discussed were testing roles – who should be doing what on testing. The State role will be making decisions on where the tests are being distributed and directing the practices of taking the tests. The State will work with the 300 labs in New York to facilitate the testing process.

The Federal Government’s role will be coordinating with test manufacturers to increase production and managing the supply chain. The chemicals needed for the tests, called reagents, come from other nations and the Federal Government needs to intervene to get the needed reagents to the states.

The Governor and the President came to an agreement about their respective roles and committed to follow through on them.

The Governor has set a goal of testing 40,000 tests per day, which is the maximum capacity of the State’s testing labs running at capacity twenty-four hours a day, seven days a week. Both diagnostic and antibody tests would be produced but the State has not determined how many of each are needed.

The Governor added that it will take a few weeks to get to this level and will be expensive.

Read More at CNN

Cuomo Says He Wants Regional Approach to Reopening New York Economy

The Governor today announced a regional approach to reopening the economy. This will be based upon each region’s COVID-19 facts and circumstances. Different regions of the State have different curves and variations. While we are one State, we have to take into account and understand these variations order to get the economy open as soon as possible.

Factors that will be taken into consideration include hospitalization rates, hospital capacity, infection rate and if the region is on the ascent, descent or on a plateau.

Lieutenant Governor Kathy Hochul will be in charge of the Western New York regional public health and reopening strategy, Former Lieutenant Governor Bob Duffy will coordinate the Finger Lakes Region. There will not be regional committees formed, it will be a coordination between State and local officials and the decision will be data driven.

SBA Update on PPP and EIDL Application Process

SBA advises that “While appropriations have lapsed and new PPP/EIDL applications cannot be accepted, EIDL loans and advances are continuing to process in the order that they were received. There is still no mechanism at this time for checking the status of an EIDL application until it has been processed. When the application is processed, the applicant will be notified.

For PPP, borrowers must contact their lender for updates on their specific loan application. Applications approved by the lender and electronically submitted to SBA prior to the lapse in appropriations on Thursday were authorized (essentially instantly upon successful submission), and the bank must close and disburse the loan within 10 days of that authorization.”


National Association of Manufacturers Releases “American Renewal Action Plan.”

A plan for response, recovery and renewal—focused on the responsibilities, contributions and needs of manufacturers.

Over the weekend, in response to a White House request for immediate feedback from members of the Great American Economic Revival Task Force, NAM shared this plan with the White House Manufacturing Industry Group members, as well as administration officials. It has been shared with congressional offices as well and expect it will guide future legislation.

Many of the recommendations are based on the input from NAM’s association partners,

Manufacturers have mobilized to respond to the unprecedented COVID-19 pandemic in ways unseen in modern history. We developed this plan knowing manufacturers possess a unique perspective on the current situation and are critical to ensuring America emerges stronger than ever.

You can read the action plan here.

Essential Factories Provide Lessons on Safety

Factories producing Charmin toilet paper and Totino’s pizza rolls are operating under safety measures that could be emulated by factories that have yet to reopen. “What will the new world actually look like after we make the decision to open up society again?” says Jay Timmons, president of the National Association of Manufacturers.

Read the Full Story at National Public Radio

Earth Day 2020 Pandemic side-effects offer glimpse of alternative future on Earth Day’s 50th Anniversary

The skies are clearing of pollution, wildlife is returning to newly clear waters, a host of flights have been scrapped and crude oil is so worthless that the industry would have to pay you to take it off their hands – a few months ago, environmentalists could only dream of such a scenario as the 50th anniversary of Earth Day hove into view.

But this disorientingly green new reality is causing little cheer given the cause is the coronavirus pandemic that has ravaged much of the world.

Read More at the Guardian


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COVID 19 Update 40

Congress, Trump Administration Near Deal on Coronavirus Aid to Small Businesses

The Senate convened briefly on Monday afternoon without a deal, and Senate Majority Leader Mitch McConnell (R., Ky.) scheduled another session for Tuesday afternoon. While broad strokes of the agreement are largely set, negotiations continued over several details, including how to structure ramped-up testing for the virus in the U.S.

The emerging agreement would send about $310 billion more to the Paycheck Protection Program, which last week exhausted the $350 billion Congress originally allocated for it. The deal is also set to include $75 billion in assistance for hospitals and $25 billion to expand testing for the virus across the country.

Read More in the WSJ

Council of Industry Survey:  Members Operating at 78% Capacity, Employee Health Number 1 Concern

Over the week of April 10th – 17th the Council of Industry polled its members to determine their response to the Covid 19 outbreak and the government order to cease non-essential business activities. Members answered questions about employee safety, orders, supply chain and concerns about the future.  The response rate was 40%.

A summary of the results is below.

Council of Industry Member Operating Survey During Covid 19

Temporary Final Rule on Tariff Deferral

The Trump administration has issued an executive order authorizing the extension of deadlines to pay certain tariffs, taxes and fees for importers experiencing significant financial hardship from COVID-19. Using this authority, Customs and Border Protection and the Treasury Department filed a temporary final rule, which will postpone for 90 calendar days from the original due date the deadline for certain payments on merchandise imported during March and April. This tariff deferral does not include products subject to AD/CVD or Section 232, 201 and 301 tariffs or entries that have already been filed.

Oil Prices Plunge Below Zero

Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders don’t want to get stuck owning crude with nowhere to store it.

Stocks were also slipping on Wall Street in afternoon trading, with the S&P 500 down 0.9%, but the market’s most dramatic action was by far in oil, where benchmark U.S. crude for May delivery plummeted to negative $3.70 per barrel, as of 2:15 pm. Eastern time.

Much of the drop into negative territory was chalked up to technical reasons — the May delivery contract is close to expiring so it was seeing less trading volume, which can exacerbate swings. But prices for deliveries even further into the future, which were seeing larger trading volumes, also plunged. Demand for oil has collapsed so much due to the coronavirus pandemic that facilities for storing crude are nearly full.

FuzeHub Webinar – Today 4/21  The Manufacturer’s Guide to FDA Regulations, Guidance, and the Emergency Use Act

April 21, 2020 | 11 AM – 12 PM EST
In Partnership with MedTech

This webinar will present information on products regulated by the FDA, and a brief description of the FDA clearance and approvals process. We will also discuss how the Emergency Use Act and COVID-19 related guidance can help manufacturers striving to produce medical devices during pandemic related shortages. Presented by: Michelle Bonn, President, Guideline Medical Consulting.


HVEDC Video-Discussion with Senator Gillibrand

Friday, April 24, 2020 at 11 am

The Hudson Valley Economic Development Corporation invites Council of Industry Members to participate in a video-discussion with Senator Kirsten Gillibrand to discuss the CARES ACT and future legislation designed to help our economy get back to work.


NAM Economic Report

Manufacturing production fell sharply by 6.3% in March as firms grappled with the COVID-19 outbreak, including closures, reduced activity and significant supply and demand disruptions globally. Durable and nondurable goods production decreased 9.1% and 3.2% in March, respectively, with all 19 major sectors experiencing declines.

NAM Monday Ecomoinc Report 2020-0420E

Workforce Skills Helping Manufacturers Switch Production to Fight COVID-19

Manufacturing companies have quickly responded to the need for an increase in medical supplies necessary to fight COVID-19. For some companies this means adding new production lines to make products they have never made before. Others are forging partnerships so that each company can contribute their expertise to create products as quickly as possible.

To understand what’s happening behind the scenes, IndustryWeek asked some companies about the workforce skills they are finding to be most valuable during these changeovers.

Read the Story at Industry Week


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COVID 19 Update 39

Congress, Trump Administration Close to Deal on New SBA Aid Package

A deal could be announced as early as Sunday or Monday, according to congressional aides. On a conference call with President Donald Trump and Republican senators on Sunday afternoon, Senate Majority Leader Mitch McConnell (R-Ky.) told Republicans that the only portion of the package not agreed to focused on coronavirus testing, according to a person briefed on the call. McConnell and Treasury Secretary Steven Mnuchin also said the money for state and local government funding, as well as food stamp aid requested by Democrats, would not be included in the deal.

Mnuchin told host Jake Tapper on CNN’s “State of the Union” on Sunday that there would be $300 billion for the Small Business Administration’s Paycheck Protection Program, $50 billion for the Economic Injury Disaster Loan, $75 billion for hospitals and $25 billion for testing.

Read More at Politico

Cuomo: New York Will Roll Out Antibody Testing in ‘Aggressive Way’ This Week

The antibody tests will give the state its “first true snapshot” of how many people in the state have been infected with Covid-19, Cuomo said. Melissa DeRosa, secretary to the governor, later tweeted that the state antibody testing will begin on Monday and will sample 3,000 people.

A study by Stanford University on coronavirus antibodies suggest it has circulated much more widely than previously thought, according to a report released Friday. The preliminary study estimates that between 2.5% and 4.2% of Santa Clara County residents had antibodies to the new coronavirus in their blood by early April.

Though the county had reported roughly 1,000 cases in early April, the Stanford researchers estimate the actual number was between 48,000 and 81,000.

Read More on New York Testing

Read More on the Stanford Study

Northeast Governors Announce Appointees to Multi-state Council to Get People Back to Work and Restore the Economy – Appointees Include One Health Expert, One Economic Development Expert and Respective Chiefs of Staff from Each State

The appointees from New York are:

Melissa DeRosa, Secretary to the Governor
Robert Mujica, Director of NYS Division of the Budget
Michael Dowling, President and CEO, Northwell Health

We are not sure who the “Economic Development Expert” is….

Read the Press Release

State Comptroller DiNapoli Launches COVID-19 Financial Survival Toolkit

To help ease the difficulties many are facing, the Comptroller has developed the COVID-19 Financial Survival Toolkit for New Yorkers with links and resources for residents, government entities, nonprofits and businesses. Whether you need the latest health updates, information on unemployment, sick leave or family sick leave benefits; or guidance on protecting your personal finances, you will find that and more in our toolkit. They will continue to make updates to meet New Yorkers’ changing needs, so check back regularly.

Visit the Toolkit

Manufacturer Alto-Shaam Offers Flexible Work Options During COVID-19 Pandemic

Menomonee Falls-based Alto-Shaam manufactures restaurant and kitchen equipment. Along with servicing essential businesses like grocery stores, convenience stores and health care industry food service. About 60% of the manufacturing workforce has been working where the other 40% are choosing not to. Those working are given flexibility in their shifts. Normally the company ran two shifts, but now employees can put in their 40 hours whenever they can Monday through Saturday.

The company also recently transitioned from an outside cleaning service to everything done in-house, allowing for heightened sanitation practices and better control over the facility. Employees also are wearing personal protective equipment of masks and gloves on the manufacturing floor.

Read More About Alto Sham In the Milwaukee Business Journal

Pandemic Reveals Character of Organizations

The coronavirus pandemic and the ensuing financial crisis is revealing the character of many organizations — and their leaders — and is affecting the cultural expectations of how companies should value their personnel. “Consumers and employees now expect greater things from those organisations that rely on them and pay and working conditions are just the start of it,” writes Lauren Coulman.

Read the Full Story at Forbes


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COVID 19 Update 37

Trump Announces Guidelines to ‘Open Up’ U.S. Economy, Ease Coronavirus Restrictions – Leaves Much to States

The White House proposed a list of six metrics states should “satisfy before preceding to a phased opening.” They include:

  • A decline in influenza-like illnesses reported within a 14-day period and a downward trajectory of covid-like cases reported within a 14-day period;
  • A decline in documented cases of COVID-19 within a two-week period or a decline in the share of coronavirus tests that come back positive, if test volume increases or remains flat; and
  • Hospitals within a jurisdiction should have the capacity to treat all patients without “crisis care” and there should be a “robust testing program in place for at-risk health care workers” including tests for COVID-19 immunity.

If states meet these criteria, the guidelines suggest a three-phased approach to reopening the economy.

Read More at Marketwatch

Governor Cuomo Extends PAUSE to May 15th and Offers More Insight on the Phased Reopening of the Economy

The Governor announced that his New York on PAUSE efforts would be extended until May 15. He also expanded on his proposal to do a phased-in reopening of the economy. The phased-in reopening will not just be which businesses reopen, but what percentage of their workforce will be allowed to return to work. The plan calls for a rise from  25%, 50%, and 75% over an unspecified time. The Chart below contains the 3 slides re-open the Governor shared during his April 16th briefing.

NY Reopen chart 04162020

Jobless Claims Up by 5.2 Million, Totaling 22 Million in 4 weeks

An additional 5.2 million people filed initial unemployment claims last week, which brings the four-week total of initial unemployment claims to about 22 million. This effectively wipes out job gains for nearly the past decade.

Read More at The Wall Street Journal 

NY Fed Supplemental Survey Report for April 2020 – Business Report Extensive Fallout from Coronavirus

Supplemental questions in the April 2020 Empire State Manufacturing Survey and Business Leaders Survey focused on effects that the coronavirus pandemic has had on various aspects of business.

“Businesses were asked how concerned they were about their ability to deal with a variety of financial metrics over the next month. A slight majority of manufacturers and a sizable majority of service firms indicated that they were very concerned about maintaining adequate cash flow, and roughly half were very concerned about collecting payables from customers. Also fairly high on the list of concerns were the longer-term issues of maintaining solvency and incurring excessive debt. In open-ended comments, many businesses indicated that they could weather the pandemic and related shutdown for a month or two, but would be increasingly concerned if it took significantly longer for business to return to something close to normal.”

See the Survey Results

Small Business Loan Program Out of Money Amid Impasse Over New Funds – Both PPP and EIDL Run Dry

The Treasury Department and Small Business Administration (SBA) have tapped the entirety of funding allotted for the Paycheck Protection Program (PPP), which offers forgivable loans to small businesses intended to keep workers on the payroll and small firms from going under.

“The SBA is currently unable to accept new applications for the Paycheck Protection Program based on available appropriations funding. Similarly, we are unable to enroll new PPP lenders at this time,” the SBA said in a statement Thursday morning.

The SBA also said that the $10 billion Congress appropriated for Economic Injury Disaster Loans had dried up. The program was meant to get fast cash to businesses, providing them with a $10,000 advance within just a few days of application for loans of up to $2 million.

Read More at the Hill

Contact Congress to let them know how important it is to QUICKLY add funds to the PPP and EIDL programs.

N.Y. AG files Suit Over US Labor Dept. Paid-Leave Rule

New York Attorney General Letitia James has filed a lawsuit over a US Labor Department rule that lets employers reject paid sick leave and emergency family leave if they conclude that no work is available for employees, even if the workers are eligible for such leave. James alleges that the rule conflicts with provisions of the Families First Coronavirus Response Act.

Read the Full Story at The Hill

China’s GDP shrank 6.8% year-over-year in the first three months of 2020, the first quarterly decline since at least 1992

China on Friday reported a 6.8% year-over-year contraction in its economy for the first three months of the year—the first quarterly decline in gross domestic product since official record-keeping began in 1992 and likely the first since Mao Zedong’s death in 1976, economists said.

The fall was even steeper compared with the previous quarter: a 9.8% pullback as the coronavirus that first emerged in the central Chinese city of Wuhan spread across the country and around the world, delivering an economic blow unprecedented in modern times.

In the manufacturing sector official data released Friday showed industrial production down just 1.1% in March compared with last year. Other metrics, such as daily power production and coal consumption, have regained all or most of last year’s levels.

Read More in the WSJ


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COVID 19 Update 35

Aides Expect Schumer, Mnuchin to Reach Deal on Coronavirus Relief

The deal could lead to legislation being passed quickly through the Senate on Thursday, and through the House no later than early next week.

Democrats say that Mnuchin, who is spearheading negotiations for Republicans, is open to a deal even though Senate Majority Leader Mitch McConnell (R-Ky.) doesn’t show much interest in negotiating with Schumer and Speaker Nancy Pelosi (D-Calif.).

Mnuchin, speaking at the White House on Monday, said legislation should focus on small-business programs and that other issues such as funding for state governments and hospitals should be dealt with separately — though he also expressed a willingness to work with Congress on getting money to various needs.

Read More at the Hill

Trump’s New Advisory Group on Reopening Economy Includes Tim Cook, Mark Cuban, Jerry Jones, NAM’s Jay Timmons

President Donald Trump said Tuesday that he’s enlisting advisers from nearly all sectors of American commerce, the medical field and elected office to help shape his plans to reopen the coronavirus-battered economy.

The panel of advisers, whom Trump said he will consult by phone, will operate separately from the White House task force that’s leading the administration’s public health strategy to contain and mitigate the pandemic, though there is expected to be some overlap.  “The Great American Economic Revival Industry Groups”, include more than 50 executives and leaders from agricultural, defense and financial service industries, as well as leaders from unions, professional sports, think tanks and more.

NAM President Jay Timmons on being named to the Commission: “Over the past three years, manufacturers have produced impressive gains in investment, job creation and wage growth here in the United States. As the nation prepares to move from relief to recovery and bringing our $22 trillion economy out of its ‘induced coma,’ I look forward to working with the Great American Economic Revival Industry Groups, including the 44 NAM member companies that were also named, to drive this next phase of American renewal, while putting the health and well-being of the American people first. Ultimately, manufacturers, the backbone of this economy, want to be able to invest, grow and hire—right where we left off.”

Read About the Industry Groups at Marketwatch

Read More from NAM

SBA has Provided the Council of Industry With the Following Updates on the Status of PPP and EIDL.


In NYS, 40,975 PPP loans have been approved for $11,737,950,918. Nationally, over 1 million loans have been approved for nearly $250 billion. For the most current and accurate information about PPP, please continue to visit our website at The Treasury Department page also contains updated helpful FAQ’s at

Updated FAQ:


There have been a lot of questions about the status of applications for the EIDL program and Advance. If you have a confirmation number for their application from the streamlined portal that went live on 3/29, but have not received any updates yet, you do not need to contact the customer service number. SBA assures us that your application is still in process, and they are being processed in the order that they were received.

Greenwald Doherty Update on the Payroll Protection Program (PPP)

Businesses are rushing to take advantage of the assistance provided by the CARES Act. While many have already submitted applications for PPP loans, others are wondering if they are eligible for the loan. SBA’s most recent guidance (found here) contains valuable insight into the PPP loan program and clarifies a few important questions.

The laws are changing rapidly in the current pandemic/crisis. Therefore, the legal issues discussed here are subject to constant change. It is best to consult with your counsel concerning any specific legal advice you may have.

Greenwald Doherty Update on the Payroll Protection Program Q&A 04142020

DOL Publishes Fourth Round of FAQs on Paid Leave Law: Reinforces Position on Shelter-in-Place and Isolation Orders, Reasons for Paid Sick Leave

After giving employers a day off from addressing new information concerning the federal Families First Coronavirus Response Act (FFCRA), the DOL released 20 new Q&As concerning employer obligations and employee rights under the new paid sick leave (EPSL) and paid FMLA leave (FMLA+) law.  New questions and answers start at #60, with some minor revisions to earlier Q&As.

The full set of Q&As can be found here.

Survey: Virus Will Prompt Examination of Supply Chains

One of the impacts of the coronavirus crisis will be closer examination of supply chains and manufacturing site selection, according to a survey of chief financial offers by PwC. “The question will be, what happens in two years when it is business as usual?” says Omer Abdullah of The Smart Cube, a procurement analytics company.

Read the Full Story at Supply Chain Dive

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COVID 19 Update 28.1

Smart Cash Flow Forecasting

Our Friends and Associate Members PKF O’Connor Davies write that financial executives and managers use cash flow forecasting as a tool to manage their business and project investment rates of return. In a “normal” business environment, often they run forecasts quarterly or annually and operating history is often a good guide. But in a “COVID-19 World,” cash becomes dear and there’s a domino effect.

In addition, many executives are finding it difficult to forecast the duration of this crisis and its tail. As financial professionals know, revenue under accrual accounting does not necessarily translate into cash. And of course, an organization has more control over when it times its payments than when its customers pay.

Read More

EEOC Directs Employers to Watch for Bias Amid Pandemic

As the coronavirus pandemic continues, the US Equal Employment Opportunity Commission has warned employers to prevent and correct discrimination, harassment or intimidation against Asian Americans or employees of Asian descent. Title VII of the Civil Rights Act of 1964 protects against this type of improper treatment.

Full Story: HR Dive

Why You Need to Take the Long View on Wages, Benefits

Many companies need to take steps to cut costs, but now is not the time for knee-jerk responses and short-sighted plans for compensation, says Amanda Wethington of Korn Ferry. Consider staff rotations, deferring salary increases, providing mental health support and making employee safety a top priority.

Full Story: SmartBrief/Leadership

Congress, Fed to Support Small Business Program

Treasury Secretary Steven Mnuchin asked Congress to add $250 billion to a small business coronavirus program that has been flooded with loan applications, The Washington Post (subscription) reports.

“President Trump said banks have processed $70 billion in taxpayer-backed loans for 250,000 small businesses since Friday, as companies seek emergency help to deal with the enormous business disruption caused by the pandemic.”

“Republicans will try to advance the matter through Congress immediately. Senate Majority Leader Mitch McConnell (R-Ky.) said he hoped to pass the cash infusion through the Senate on Thursday.”

In related news, the Federal Reserve will help finance loans through the small business lending program, The Wall Street Journal (subscription) reports.

“The move will free up financial firms to make more loans guaranteed by the Small Business Administration’s Payroll Protection Program, part of a $2.2 trillion economic relief package President Trump signed last month.”

“The Fed said that to facilitate more lending to small businesses, it would establish a facility that offers term financing backed by PPP loans. It said additional details would be announced later this week.”

Treasury Issues FAQs for PPP

Treasury’s Frequently Asked Questions for the Payroll Protection Program offer some guidance to applicants and lenders alike.


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COVID 19 Update 28

Government and Businesses Turn Attention to Eventual Reopening of $22 Trillion U.S. Economy

Once social distancing slows coronavirus pandemic, tough questions follow over how to get the nation back to work: ‘It isn’t like a light switch on and off’

With some preliminary signs that infections from the virus are slowing, the whole nation is hopeful to get back to business as soon as possible. But a host of questions arise: Under what conditions should people be allowed back to work and stay-at-home orders be lifted? How will people at work be monitored for reinfection or antibodies to prevent a resurgence of the deadly virus? Does it all happen at once or is it staggered? Who is in charge of the effort?

New York, the state hit hardest by the pandemic, is looking to join with New Jersey and Connecticut on a unified reopening approach. “We cannot restart life as we knew it without testing,” Democratic New York Gov. Andrew Cuomo tweeted Tuesday.

Democratic Gov. Phil Murphy of New Jersey, which has the second-most Covid-19 deaths, said the resumption of economic activity would be “slow and careful, because the last thing we’re going to need is going too quickly.… That’s the equivalent, I think, of throwing gasoline on the fire.”

Read More at WSJ (subscription)

Plans to Reopen Economy Depend on Testing

Bloomberg Reports The White House is developing plans to get the U.S. economy back in action that depend on testing far more Americans for the coronavirus than has been possible to date, according to people familiar with the matter.

 The effort would likely begin in smaller cities and towns in states that haven’t yet been heavily hit by the virus. Cities such as New York, Detroit, New Orleans and other places the president has described as “hot spots” would remain shuttered.

The administration sees rapid and widespread testing as a crucial step, one person familiar with the matter said, allowing public health authorities to better identify infected people, including those who don’t show symptoms, and isolate them from healthy people who could go about their businesses.

Read More at Bloomberg

New York Has Developed Antibody Testing Regime

The New York Department of Health has established a COVID-19 antibody testing regimen for use in the state, Governor Cuomo announced Tuesday.

It must be brought up to scale to be an effective tool to determine if persons who already contracted the virus and have recovered have the anti-bodies that can be used on others who currently have the deadly bug.

Cuomo said we must start planning for the post-virus economy and the best way to get there is to continue social distancing, but that depends upon everyone.

Read More at Mid-Hudson News

New York seeks private sector partners to bring rapid COVID-19 testing to scale and accelerate testing capacity.

Businesses interested in working with the state to manufacture these rapid tests on a large scale should contact Empire State Development at 212-803-3100 or

Companies are Cutting 401(k) Matches Because of the Coronavirus

“We are getting more inquiries from plan sponsors about what their options are,” according to Jerry Patterson, senior vice president of retirement and income solutions at Principal Financial Group. “And in some cases, we are seeing actual action taken to amend plans to reduce or suspend the match. And we expect that, as this goes on, we’ll see more of that. It will come, I think in different degrees from sectors that are being impacted most severely.”

Read More in the Washington Post

Harris Beach Webinar: Update on COVID-19 Labor & Employment Law Issues

Information and legal guidance on how employers should address COVID-19 continues to evolve. Join our complimentary webinar for an overview and Q&A that addresses the latest legislation and legal considerations. Our labor and employment attorneys, with vast experience counseling the private and public sectors, will address:

  • Paycheck Protection Program and other relief for employers in the CARES Act
  • Unemployment Insurance in the pandemic
  • Employers’ FAQ’s on State and Federal leave laws and other COVID-19 issues

April 9, 2020, 8:30 – 10:00 a.m. ET

Register Here

ULSTER COUNTY Webinar to Discuss SBA Loans and Other Financial Resources & Assistance  TODAY at noon

County Executive Pat Ryan, President & CEO of Ulster Savings Bank William C. Calderara, and Regional Director of Mid-Hudson Small Business Development Center Arnaldo Sehwerert will deliver information on the SBA Loan Programs

You MUST preregister to attend. 

When: Apr 8, 2020 12:00 PM Eastern Time (US and Canada)
Topic: Ulster County Covid-19: Meeting for Businesses

Please click the link below to join the webinar (NOTE: Registration is required)

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COVID 19 Update 27.1

House, Senate Leaders Agree: Small-Business Loan Program Needs More Funding

The Wall Street Journal Reports that Senate Majority Leader Mitch McConnell (R., Ky.) said he would aim to approve more funding this week for a Paycheck Protection Program that Congress created last month to help firms hit by the coronavirus pandemic.

In a statement, Mr. McConnell said the $350 billion loan program would soon need more funds because of the huge demand for the federal assistance. He said he would work with Senate Minority Leader Chuck Schumer (D., N.Y.) and the Trump administration to approve the funding this week. With lawmakers out of town, Mr. McConnell said he hoped to pass the measure through unanimous consent or a voice vote.

The House Small Business Committee added “Over the first few days, thousands of applications were processed for the program equaling billions of dollars going directly to support our nation’s 30 million small businesses.  This demand has made it clear that funds for the Paycheck Protection Program must be replenished.  After the Senate moves to approve Treasury Secretary Mnuchin’s request for more funding, the House should move quickly to ensure small businesses can take full advantage of this vital program.”

Officials Struggle to Get Coronavirus-Relief Loans Out the Door

According to The Hill the administration is struggling to work out the kinks of a coronavirus small-business loan program after a chaotic start Friday.

Some banks say they are unable to access Small Business Administration (SBA) platforms, while industry leaders say there are unanswered questions about applying for loans and how to take advantage of them.  On Monday, the SBA loan processing platform crashed and was down for hours, preventing lenders from processing any loans, Bloomberg News reported. The system was back up Monday afternoon.

Anecdotally Council Members reported relatively smooth sailing through a process that varied by lending institution.  We did hear of one instance of  what appeared to be an arbitrary denial of a loan.

Read More at the Hill

OSHA Standards for COVID 19

Temporary Guidance on the enforcement of OSHA’s Respiratory Protection standard:

CI Webinar: OSHA Guidance and Best Practices for COVID-19 

  • When: Wednesday, April 8, 2020 at 1 pm
  • Where: Online webinar
  • Cost: No fee to participate

Manufacturers Methodically Hunt for a Cure

The Wall Street Journal reports that an increasing number of drug companies are at work on vaccines and treatments for COVID-19.

More than 140 experimental drug treatment and vaccines for the coronavirus are in development world-wide, most in early stages, including 11 already in clinical trials, according to Informa Pharma Intelligence.  Including drugs approved for other diseases, there are 254 clinical trials testing treatments or vaccines for the virus, many spearheaded by universities and government research agencies, with hundreds more trials planned.

Researchers have squeezed timelines that usually total months into weeks or even days.  For most treatments and vaccines it will be midsummer before human testing reveals whether they are safe to take, not to mention if they work.

Read More at the WSJ

Haas, Allendale Machinery Looking to Connect Shops to Manufacture Needed Supplies and Equipment

If you’re looking for shops in your area with available machines and production capabilities, or you have such capabilities to offer, Council member Allendale Machinery and Haas want to help you connect. Tell them the type of machining or manufacturing capabilities you’re looking for, and what you’re looking to produce, and they’ll try to connect you with shops offering what you need, so you can work together.

There is no better network of qualified machine shops than the worldwide community of Haas owners.

Connect Here


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COVID 19 Update 26.1

Cuomo Extends PAUSE to April 29th

Gov. Andrew Cuomo said Monday he would extend the statewide “PAUSE” order, along with school closures, through April 29 because, he says, there is evidence that social distancing is working. And now is not the time to let up.

“I know that’s a negative for many, many reasons,” Cuomo said on Monday in his daily briefing. “I know what it does to the economy. But I said from day one I’m not going choose between public health and the economy.”


SBA and Treasury Have Made Improvements to Their Respective Websites Related to the Paycheck Protection Program

The SBA has made much needed improvements to their Paycheck Protection Program (PPP) webpage, These improvements include a searchable lender directory.

US Department of the Treasury has set up a webpage with helpful guidance on the PPP for lenders and borrowers which can be found here.


Workers Afraid to Return to Factories Amid Pandemic

Bloomberg Reports that companies trying to reopen factories that have closed because of the coronavirus pandemic are encountering resistance from workers who fear infection while at the workplace. Some workers are demanding masks, safety gear and extra cleaning.

Read the Story and Bloomberg


IRS Guidance on Tax Credits and the Impact of ACA Look-Back Measurements Due to COVID 19

Our Friends and Associate Members at Rose & Kiernan Insurance provide these 2 informative articles.  The first on IRS Guidance on tax credits for paid leave and the second on the look back measurement method for determining ACA status.

IRS guidance on tax credits for COVID-19 paid leave

Look-back measurement method and COVID-19


Coronavirus Outbreak Sends Consumer Expectations Plummeting

The New York Fed’s Center for Microeconomic Data released results from its March 2020 Survey of Consumer Expectations, which provides information on consumers’ economic expectations and behavior. The March survey, which was fielded between March 2 and 31, records a substantial deterioration in financial and economic expectations, including sharp declines in household income and spending growth expectations.

Read More


Empire Center: NYS Department of Health Publishes Age and County Data

Manufacturers tend to be numbers people who appreciate a good graphic display of data.  The folks at the Empire Center do too and they have developed a series of graphs to illustrate some interesting facts.


For example the data confirm that the virus is concentrated in the New York City metropolitan area, with the city itself accounting for almost three-quarters of the 3,565 deaths through Friday. When adjusted for population, however, the death rates in the neighboring counties of Nassau and Westchester have been almost as high as the city’s, with Rockland and Suffolk not far below.

Read More at the Empire Center


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COVID 19 Update 26

NAM Economist Dr. Chad Moutray’s Monday Economic Report

  • Unemployment Rates
  • Sentiment Data
  • Orders
  • More

Monday Economic Report 0406 2020


State Shutdowns Have Taken at Least a Quarter of U.S. Economy Offline

Eight in 10 U.S. counties are under lockdown orders, according to a study, and they represent nearly 96% of national output

The Wall Street Journal Reports that at least one-quarter of the U.S. economy has suddenly gone idle amid the coronavirus pandemic, an analysis conducted for The Wall Street Journal shows, an unprecedented shutdown of commerce that economists say has never occurred on such a wide scale.

The study, by the economic-analysis firm Moody’s Analytics, offers one of the most comprehensive looks yet at how much of the world’s largest economy has shut down in the past three weeks. It also analyzes counties big and small—from Manhattan to tiny Gilpin County, Colo.—to estimate how a concentration of government shutdown orders in the counties that produce a disproportionate share of the nation’s goods and services has weighed on the national picture.

Read More at the Wall Street Journal (Subscription) 


MIT Study: Stronger Pandemic Response Yields Better Economic Recovery

Study of 1918 flu pandemic shows U.S. cities that responded more aggressively in health terms also had better economic rebounds.

With much of the U.S. in shutdown mode to limit the spread of the Covid-19 disease, a debate has sprung up about when the country might “reopen” commerce, to limit economic fallout from the pandemic. A new study co-authored by an MIT economist shows, taking care of public health first is precisely what generates a stronger economic rebound later.

The study, using data from the flu pandemic that swept the U.S. in 1918-1919, finds cities that acted more emphatically to limit social and civic interactions had more economic growth following the period of restrictions.

Read More


CI Webinar: OSHA Guidance and Best Practices for COVID-19

  • When: Wednesday, April 8, 2020 at 1 pm
  • Where: Online webinar
  • Cost: No fee to participate

The Council of Industry and Catamount Consulting will host a webinar on Wednesday, April 8, at 1 pm on OSHA Guidance and Best Practices for COVID-19 with presenter Ron Coons, OHST, CSC, President of Greater Catskill Office of Catamount Consulting.

This webinar will cover:

  • What Coronavirus is and who is at risk
  • Regulatory requirements for protecting workers for both essential and non-essential workers
  • Best practices to minimize and prevent the spread of Coronavirus in your workplace
  • OSHA requirements for respiratory protection.

Upon Registering your confirmation email will include phone and login information. If you do not receive a confirmation email please contact for the information.

Register online


FuzeHub Announces COVID-19 Manufacturing Grants

Six Companies will share a total of $400,000

Our Friends and Associate Member FuzeHub will provide COVID-19 Manufacturing Grants  designed to aid existing New York State small to medium-sized manufacturing companies that can meet prevailing FDA requirements and can quickly accelerate production of personal protective equipment and respiratory care equipment that has been depleted due to the COVID-19 outbreak.

Learn More and Apply


Hudson Valley is One Week Behind New York City’s Expected COVID Peak, Says Health Commissioner

Mid Hudson News Reports the coronavirus is expected to reach its peak in New York City in a week to 10 days and Orange County’s health commissioner predicts the Mid-Hudson Valley won’t be too far behind.

Dr. Irina Gelman expects the apex may reach our region later this month.

“Once we see New York City really peaking, we should be following closely, about a week behind, and after the fact, the numbers will plateau out for a while because of the lag in testing, because of a number of other factors,” she said. “But once it starts to plateau out, the first decline in numbers we see will be highly significant because once it starts slowly declining with new case numbers, that is when we are going to be headed for the downward slope, and that is where we want to be.”

Read More at Mid Hudson News


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COVID 19 Update 25

The FY 2021 Enacted State Budget

It goes without saying that this has been a tough fiscal year as the state battles the current COVID-19 pandemic. On April 2, a day after the budget deadline, the State Legislature passed a final FY2021 State Budget. Below you will find an overview report on some of the main budget bills that the Manufacturers Alliance had been monitoring for our member companies and organizations since the beginning of the year. If you have any further questions, please contact me at 315-474-4201 ext.13.

The Senate and Assembly have now adjourned after passage of the budget. It is unclear at this time when the State Legislature may reconvene in Albany this legislative session. We will keep you up to date on any further developments.

Read our summary of the FY 2021 Enacted State Budget


Newly Available CARES Act Loans: 10 Things Small Businesses Need To Know

Most Readers of this blog will by now have a pretty good understanding of the SBA’s EIDL Loans and PPP program.  That said this article in Forbes offers a pretty simple summary and captures some of the issues related to implementation as well.

Read More in Forbes


ESD Website Has Been Vastly Improved and Streamlined To Deal With Crisis

The Empire State Development (ESD) website: ESD has been streamlining their website.

    1. Newly updated section guiding folks through the SBA loan programs
    2. Paycheck Protection Program Overview and resources
    3. Regularly updated Business FAQ page
    4. A link to information on how companies can help New York State’s response to COVID-19 by selling supplies, re-purposing production, or donating space or materials

We find the FAQ section particularly helpful.


President Trump ‘Thinking About’ Eco Panel as He Looks to U.S. Reopening

Bloomberg Reports that the President is “…thinking about it,” Trump said Saturday at a White House Press conference. “I continue to say, the cure cannot be worse than the problem itself.”

Trump early tweeted an endorsement of a plan offered by Dana Perino, former press secretary to President George W. Bush. Perino, suggested assembling “a nonpartisan/bipartisan mix of experts across industry sectors” who could advise the president about overcoming the economic difficulties stemming from harsh social distancing measures suggested by the federal government.

Perino said this group would complement the team led by Vice President Mike Pence, which includes health, national security and emergency preparedness officials.

Read More at Bloomberg


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COVID 19 Update 24

Confusion surrounds launch of $349B in small-business loans

The Hill Reports that banks and industry groups say a new rescue lending program for small businesses is off to a rocky start and may fall far short of what firms need to stay afloat during the economic fallout from the coronavirus.

The Treasury Department and Small Business Administration (SBA) on Friday rolled out applications for small businesses to receive forgivable loans for payroll and other basic expenses amid the economic toll of the coronavirus.

But banks, credit unions and other lenders say the $349 billion program lacks clear guidelines to handle a looming wave of loan applications that could overwhelm the system while leaving some firms in the lurch.

Read More in the Hill


SBA Adminstrator Jovita Carranza Tweeted Last Night that $5.4 Billion Had Been Lent


Foreign Owned Small Businesses Are Now Eligible for PPP

Many Council Members Are Based in Other Nations Including The UK, Germany, Japan and France.  Early indications were that these entities would not be eligible for the Paycheck Protection Program, however, the criteria have changed and now is now based on the resident location of the employees.


Harris Beach WEBINAR COVID-19 Aid for Small Businesses: What You Need to Know Scheduled for April 6, 2020

Register Here 


U.S. Payrolls Unsurprisingly Dropped in March – April Will Be Worse

This Labor Department data is from early in the month and doesn’t reflect the current state of the economy under the full brunt of COVID-19.

Manufacturing employment fell by 18,000 in March, NAM Chief Economist Chad Moutray tells us. Meanwhile, here’s the overall number from CNBC:

“Nonfarm payrolls dropped by 701,000 in March, according to Labor Department numbers released Friday that begin to show the economic damage wrought by the coronavirus crisis.”

Unemployment: The report reveals an unemployment rate of 4.4% for the whole economy, but Moutray estimates the real number is now about 10%.


CI Webinar: OSHA Guidance and Best Practices for COVID-19

  • When: Wednesday, April 8, 2020 at 1 pm
  • Where: Online webinar
  • Cost: No fee to participate

The Council of Industry and Catamount Consulting will host a webinar on Wednesday, April 8, at 1 pm on OSHA Guidance and Best Practices for COVID-19 with presenter Ron Coons, OHST, CSC, President of Greater Catskill Office of Catamount Consulting.

This webinar will cover:

  • What Coronavirus is and who is at risk
  • Regulatory requirements for protecting workers for both essential and non-essential workers
  • Best practices to minimize and prevent the spread of Coronavirus in your workplace
  • OSHA requirements for respiratory protection.

Upon Registering your confirmation email will include phone and login information. If you do not receive a confirmation email please contact for the information.

Register online


CI Podcast – the Week that Was

As the COVID 19 crises unfolds the Council of Industry is using all its resources to keep its members up to date with the latest information and resources to keep their employees safe and their businesses operating. This podcast is one of those resources and part of those efforts.

In this episode Johnnieanne Hansen, Vice President of the Council of Industry and Harold King, President discuss the events of the week of March 28th – April 3rd surrounding the COVID 19 pandemic, its effect on Hudson Valley manufacturers and their employees, and the Council of Industry’s response.

Listen Here 


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COVID 19 Update 23

Paycheck Protection Program Application Process Opens Today

Today Hudson Valley Manufacturers who need financial support during this difficult time can begin applying for loans through the Paycheck Protection Program, the new $349 billion loan program established by the CARES Act. NAM has developed and an overview that will tell you who qualifies and how to apply for PPP loans. For more on other Small Business Administration loan programs and tax incentives, click here. More detailed information for borrowers provided by the Treasury Department can be found here and an application can be found here.

NAM team-created overview


Fortune Magazine: ‘It’s going to be a mess’

What small businesses applying to the SBA’s Paycheck Protection Program need to know

As small businesses ready to apply for the new Small Business Association’s Payroll Protection Program loans (as part of a $2.2 trillion stimulus package), banks are calling it: they’re not ready for the rollout of the program.

Banks like JPMorgan Chase emailed customers on Thursday evening stating that the bank “will most likely not be able to start accepting applications on Friday, April 3rd as we had hoped.”

Read More In Fortune


New York Power Authority Offers Relief Program for its Economic Development Power Customers

NYPA is waiving applicable energy and demand rate increases for its economic development power customers that participate in its ReCharge New York, Replacement Power, Expansion Power and Preservation Power programs for the July 1, 2020, to June 30, 2021, rate year. In addition, customers participating in those NYPA power programs are now able to suspend payment to NYPA for up to six months beginning with their April 2020 electric bill. Customers that opt-in to the new relief program can make payment installments over the following 18-months, free from any interest or penalties.

Read More


DOL Releases FFCRA Regulations

On the surface, the requirement for documentation appears to conflict with the U.S. Centers for Disease Control and Prevention’s (CDC’s) recommendation that employers should not require a positive COVID-19 test result or a health care provider’s note to validate an employee’s illness, qualify for sick leave or be eligible to return to work. Health care provider offices and medical facilities “may be extremely busy and not able to provide such documentation in a timely manner,” the CDC had previously stated.

However, the regulations and recommendation aren’t mutually exclusive, according to Kathy Dudley Helms, an attorney with Ogletree Deakins in Columbia, S.C., because the documentation doesn’t have to take the form of a health care provider’s note.

Read More from SHRM


Deeper Dive:  The Economist Writes “The Trade-offs Required by the Pandemic Will Get Even Harder”

“Imagine two critically ill patients but just one ventilator. That is the choice which could confront hospital staff in New York, Paris and London in the coming weeks, just as it has in Lombardy and Madrid. Triage demands agonising decisions (see Briefing). Medics have to say who will be treated and who must go without: who might live and who will probably die.

The pandemic that is raging across the world heaps one such miserable choice upon another. Should medical resources go to covid-19 patients or those suffering from other diseases? Some unemployment and bankruptcy is a price worth paying, but how much? If extreme social distancing fails to stop the disease, how long should it persist?”

Read More at the Economist

Note: The Economist is making some of its most important coverage of the covid-19 pandemic freely available to readers of The Economist Today, our daily newsletter. To receive it, register here. For more coverage, see our coronavirus hub

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COVID 19 Update 20.1

McKinsey: Manufacturers Can Follow 5 Stages to Handle the Pandemic

Automakers and other manufacturers should follow the process of resolve, resilience, return, re-imagination and reform, according to this McKinsey analysis. “In addition to dealing with the significant societal changes coming in the next few months, industrial companies may want to consider strategies for addressing some of the persistent issues affecting the sector to avoid the next crisis,” the authors write.

Read the Full Story at McKinsey


From Today’s Webinar and ESD – Updates Related to the SBA’s Economic Injury Disaster Loan (EIDL) Program and the Paycheck Protection Program (PPP)

  • EIDL Applications– the EIDL application process has been simplified and a new application portal is live on the SBA website right now: Businesses that successfully submitted an application or uploaded documents late last week via the temporary document upload portal do not have to take additional action as their applications have been received for processing. Anyone that was unable to complete an application on the prior application portal AND/OR did not upload their application to the document upload portal, should restart their application via the new portal.
  • EIDL Advances­- also available now are advances of up to $10,000 on EIDL loans. The form is part of the new EIDL application process above. If approved, these funds can be used for payroll and other operating expenses and will be forgiven. All applicants who successfully submitted an application prior to yesterday received an email notifying them of this.

This Advance may be available even if your EIDL application was declined or is still pending, and will be forgiven.

Small Business Development Centers can help you navigate the system and complete the application. Find your nearest SBDC here 

If you wish to apply for the Advance on your EIDL, please visit as soon as possible to fill out a new, streamlined application. In order to qualify for the Advance, you need to submit this new application even if you previously submitted an EIDL application. Applying for the Advance will not impact the status or slow your existing application.

Paycheck Protection Program/Stimulus questions:

  • PPP and stimulus related changes will be available in the coming days as SBA completes the rulemaking process, updates procedures/systems, and then onboards lenders. You should complete the EIDL application in the interim. Businesses may benefit from both, so long as they don’t use them for the same purposes/time periods. No duplication of the use of proceeds, in other words.


Employers Seek Clarity for H-1B Compliance During COVID-19

Employers of H-1B workers are subject to U.S. Department of Labor regulations designed to protect the jobs of U.S. workers. Those regulations require that the H-1B worker perform his or her duties at one or more specific locations at which he or she must be paid at least the same wages as other similarly qualified U.S. workers. In addition, H-1B workers go out of status if their employment is terminated for any reason, subject to grace periods of between 10 and 60 days.

Read More at Our Friend and Associate Member Harris Beach 


Survey Reveals Top Employer Concerns During COVID-19

Trying to decide whether to pay employees during absences related to COVID-19, was a top concern ( 89%) of respondents to a survey conducted by Littler, an employment law practice.

The report, COVID-19 Flash Survey Report was completed by more than 900 employers based in North America and with operations around the world.  

Read More at Industry Week



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COVID 19 Update 17

President Trump uses Defense Production Act to Require GM to Make Ventilators

President Trump on Friday used the Defense Production Act to compel General Motors to produce ventilators to combat the coronavirus after days of hesitating to use the powers in the law.

The president in a statement said the federal government had abandoned negotiations with the automaker on ventilator production, complaining that the automaker was “wasting time.”

“Our negotiations with GM regarding its ability to supply ventilators have been productive, but our fight against the virus is too urgent to allow the give-and-take of the contracting process to continue to run its normal course,” Trump said.

Read the Story at The Hill


CI Podcast – the Week that Was

As the COVID 19 crises unfolds the Council of Industry is using all its resources to keep its members up to date with the latest information and resources to keep their employees safe and their businesses operating. This podcast is one of those resources and part of those efforts.

In this episode Johnnieanne Hansen, Vice President of the Council of Industry and Harold King, President discuss the events of the week of March 21st – 27th surrounding the COVID 19 pandemic, its effect on Hudson Valley manufacturers and their employees, and the Council of Industry’s response.

Listen Here 

Listen the Tuesday’ Episode Featuring Ertel/Alsop President and Council Board Chair George Quigley


Our Partners at the National Association of Manufacturers are Working at the Federal Level to Support Manufacturing

Essential Business Designations and Credentialing Clarity

The NAM last week called on governors, mayors and other local leaders to give manufacturers essential business designations and credentialing. Yesterday, the NAM sent another letter, with the Business Roundtable and the U.S. Chamber of Commerce joining, that called on the nation’s governors to take a uniform approach to essential business designations. We urged them to adopt the Department of Homeland Security’s Guidance on the Essential Critical Infrastructure Workforce. They are also calling for clarity and uniformity regarding documentation or credentialing for workers, businesses and their supply chains. The NAM continues to work with association partners (including the Council of Industry)to ensure you can continue supporting our nation during this critical time.

New York’s “ad hoc” approach to essential manufacturing is causing unnecessary disruptions in national and international supply chains.

EPA Issues COVID-19 Enforcement Discretion Policy

The Environmental Protection Agency announced a temporary enforcement discretion policy due to COVID-19 at the NAM’s request. The EPA’s guidance will help manufacturers navigate this evolving landscape, easing compliance uncertainties while ensuring the health and safety of employees, communities and the environment remain a top priority. Send us details of your reporting and monitoring challenges to

NAM Helps Navigate International Trade and Supply Chain Issues

Also on the priority list, NAM is working to address policy and operational challenges impacting trade and supply chains for critical manufacturing products. The NAM is closely monitoring foreign export restrictions and bans on personal protective equipment, health products and other products during the COVID-19 response. We are identifying these country-specific restrictions for our members and sharing them through a tracking document here while also engaging with key stakeholders in the administration and on Capitol Hill to spur action on addressing priority trade barriers ( you can also email your supply chain challenges to and he will for ward to NAM and the Department of Commerce.) Consistent with this, President Trump joined the leaders of other G20 countries with a joint statement pledging global cooperation and stressed the importance of minimizing disruptions to trade and global supply chains.

Contact the NAM’s Trade and Supply Chain team if you have questions about export restrictions or intelligence on new or potential export restrictions being imposed by foreign governments.


NYS Needs Manufacturers Able to Make Critically Needed COVID-19 Supplies

ESD Has reorganized and prioritized its request for supplies and the new webpage is very helpful for those interested in helping.

New York State appreciates the manufacturers who are ready and able to retool to help in producing critically needed COVID-19 supplies—whether you are already making these supplies or need guidance for adapting to do so. We are also looking for manufacturers who can direct us to sources of these supplies. For manufacturers interested in making these supplies, please first review the detailed information below, including new guidance from the FDA and CDC. For most of the critically needed products, you will likely be required to obtain federal certification to begin manufacturing and sales. This page also details the critical medical supplies and personal protective equipment that are needed. Thank you for your help in this effort.

Visit the Site:


COVID-19 and OSHA Reporting and Recordkeeping

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COVID 19 Update 16

Manufacturing is Essential

Manufacturers across the Hudson Valley, New York State and the United States are mobilizing to supply desperately needed health care equipment and to keep supplying the essentials for daily life – while at the same time keeping our employees and communities safe. We should all be proud of the efforts we are making to end this pandemic.  But we have much more work to do.


Key Provisions and FAQs from the CARES Act (Fed Stimulus)

The CARES Act COVID-19 relief bill the Senate passed Tuesday night and which the House is expected to pass it today.  Our partners at NAM secured some key wins in the legislation, including new federal loans and loan guarantees to help businesses get through this difficult time and tax incentives to aid manufacturers, such as a new credit for companies that retain workers during a temporary closure.

Read a summary of key provisions in the bill here and an FAQ document about the bill here.


FuzeHub Compiles Useful list of Resources for New York’s Manufacturers.

Our friend (and Associate Member) FuzeHub has put together a very useful list of resources for New York State manufacturers coping with the many issues arising from the coronavirus outbreak.

FuzeHub COVID-19 Resources for Manufacturers


COVID 19 Related Employment Law Issues Web Conference Essential HR Discussion with Greenwald Doherty

When: Monday, March 30, 2020 at 1 pm
Where: Online webinar/conference call
Cost: No fee to participate

contact for more information.

Register here

Through this discussion with three partners at Greenwald Doherty, participants will learn about best practices for managing the workforce, workplace safety and employer options concerning sick time, FMLA PFL, salary reductions and layoffs.


China Is Open for Business, but the Post-coronavirus Reboot Looks Slow and Rocky

The Wall Street Journal reports that more than two months after imposing quarantines to counter the coronavirus, China is getting back to work. It is a slow and rocky process, one that rests on the world battling back successfully against the pandemic.

With new infections dwindling, factories are restarting, stores are reopening, and people are venturing outdoors. In some ways, China is where the U.S. and Europe hope to be within weeks or months.

Yet many Chinese factories find demand for their products has evaporated. Consumers in China and elsewhere are reluctant to spend over worries about what they have lost and what lies ahead.

Read More (subscription required)

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COVID 19 Update 15.1

New York State Issues FAQs Regarding the New COVID-19 Paid Sick Leave Law

New York State recently published some answers to frequently asked questions (FAQs) regarding the COVID-19 paid sick leave law that was enacted last week. The FAQs clarify some aspects of the law that were not clear from the text of the statute and give some insight into the manner in which the law will be interpreted and enforced.

Read the FAQs


FFCRA Poster Requirement Takes Effect 4/1
Employers should post Prominently.

FFCRA Poster


SBA Provides Alternative Site for EIDL Applications to be Filed

As the EIDL applications continue to surge, our Office of Disaster Assistance has provided an alternate method for applicants to submit and upload forms while the application portal is down for maintenance.

Here’s the link to the new application page with instructions for uploading documents:  IMPORTANT: You may have to clear your browser cache if you receive an error accessing this page. The page has links to all of the relevant forms, and I’ve also attached them to this message.

SBA Alternative EIDL Application Site Information


Westchester County Executive George Latimer, Economic Development Director Bridget Gibbons discuss what the County is doing to assist businesses during the COVID-19 Pandemic

Westchester County Executive George Latimer, Economic Development Director Bridget Gibbons discuss what the County is doing to assist businesses during the COVID-19 Pandemic

Posted by Westchester County Government on Wednesday, March 25, 2020


Cuomo: Uncertain Economy May Lead To Cuts In NYS Budget

WAMC Reports that New York Governor Andrew Cuomo, facing a state budget deadline in less than a week, is out with a new proposal to try to cope as the state faces a multibillion dollar budget gap, and much uncertainty with much of the economy shut down due to the coronavirus pandemic.

Cuomo says he wants to try something that’s never been done before. He wants to pass the budget by April 1, then update the state spending plan quarterly. He would revise the amounts paid out to school districts, local governments, health care providers and all others who depend on state funding, based on how much money the state actually has collected from revenues.

Read or Listen Here:

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COVID 19 Update 15

Fed chairman Jerome Powell: ‘There’s nothing fundamentally wrong with our economy’

Joining TODAY for a rare and exclusive live interview, Jerome Powell, chairman of the Federal Reserve, acknowledges that “we may very well be in a recession, but I would point to the difference between this and a normal recession.” He says “there is nothing fundamentally wrong with our economy” and that the Fed will “aggressively and forthrightly” replace normal lending channels for businesses that have temporarily closed due to the pandemic. He says “there can also be a good rebound” and that the Fed is working to “ensure that it is as vigorous as possible,” adding that “the virus is going to dictate the timetable.”

Watch the 12 minute interview


COVID-19 to hit state budget hard

The state was facing a $7 billion deficit going into the 2020-2021 budget, which is due next week, but with the coronavirus here, the financial shortfall is expected to be even greater.

State Comptroller Thomas DiNapoli, in Kingston on Wednesday, said he expects the short-term state budget dilemma to be more troublesome.

“By April 1st we have to come up with a spending plan for the coming year. That’s a very tall order for the legislature and the governor. These numbers are all speculative, but we have to assume in the short run it’s a worst-case scenario,” he said.

DiNapoli said hopefully by this time next year the state will have rebounded, but for now, we will see “severe economic damage.”


$2 trillion Emergency Aid Package to Pump Billions into New York Economy

The $2 trillion package agreed upon by the Senate will allocate an initial $40 billion to New York State including funds that will go directly to residents, others to business and still other money for hospitals. The Bill is expected to be approved by the House on Friday Morning and signed into law by President Trump Friday afternoon.

Read More


Labor Department Employee Paid Sick Leave Resources

As part of the Families First Coronavirus Response Act, the Department of Labor’s Wage and Hour Division has announced the FFCRA’s paid leave mandates will go into effect on April 1, 2020, for companies with fewer than 500 employees. They have also shared fact sheets for how this will affect employees, how it will affect employers and a helpful FAQ sheet for employers. The DOL has also requested that the public submit questions, concerns and recommendations for the implementation of the FFCRA. The NAM plans to submit recommendations, and we encourage you to provide feedback to help shape our suggestions.

This will be one of several COVID 19 Labor related subjects covered in our Webinar with Greenwald Doherty Monday March 31, at 1:00)


COVID 19 Related Employment Law Issues Web Conference Essential HR Discussion with Greenwald Doherty

  • When: Monday, March 30, 2020 at 1 pm
  • Where: Online webinar/conference call
  • Cost: No fee to participate

Upon Registering your confirmation email will include phone and login information. If you do not receive a confirmation email please contact for the information.

Register here

 Manufacturers are have a great deal to consider as they deal with providing benefits to their employees during the COVID 19 pandemic. This web conference is designed to help answer many of the questions you have regarding state and federal regulations and the labor and employment laws covering the management of benefits during this crisis. Through this discussion with three partners at Greenwald Doherty, participants will learn about best practices for managing the workforce, workplace safety and employer options concerning sick time, FMLA PFL, salary reductions and layoffs.



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COVID 19 Update 14.1

Deal Reached on $2T Coronavirus Stimulus: What It Includes for SMBs

The economic impact of COVID-19, also known as the coronavirus, prompted the Senate and the Trump administration to release a $2 trillion stimulus package intended to bolster businesses and individuals, as many Americans remain out of work because of the pandemic.

What’s in the coronavirus stimulus plan for small businesses?

Read More at Business News Daily


SBA Offers Disaster Assistance to New York Small Businesses Economically Impacted by the Coronavirus (COVID-19)

The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to New York small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced today. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare a disaster following a request received from Gov. Andrew M. Cuomo on March 17, 2020.

NY_16346 EIDL Fact Sheet


Business Council of New York State Offers an Excellent Explanation of State and Federal Leave Laws

We thank them for sharing!

Business Council of NY Guidance on Leave Laws


Ventilator Manufacturers Need More Components

Companies such as Royal Philips want to make more ventilators to meet demand caused by the coronavirus pandemic, but they lack enough circuit boards and other parts to do so. US manufacturer Calumet Electronics has gotten orders for tens of thousands of the boards.

Read the Full Story at BNN 

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COVID 19 Update 14

Updated ESD Guidance on Essential Business

Empire State Development wants to reinforce several key messages:

·    If your business function is listed as essential, then there is nothing else you need to do. You do not need to contact ESD for affirmative documentation or email confirmation and, due to volume, ESD will be unable to formally confirm to essential businesses that they are, in fact, essential. Given that you are already essential, you will not receive any further communication from ESD.

·    With respect to business or entities that operate or provide both essential and non-essential services, supplies or support, only those lines and/or business operations that are necessary to support the essential services, supplies, or support are exempt from the restriction. (Our understanding remains that if your operation is going to great lengths to keep employees safe and distanced “business operations that are necessary to support the essential services, supplies, or support” will be broadly interpreted.)

ESD Updated Guidance on Essential Businesses 2020 0324

ESD Essential Business FAQs


White House, Senate Reach Deal on $2 Trillion Stimulus Package

The Hill Reports that the deal includes $500 billion for a major corporate liquidity program through the Federal Reserve, $367 billion for a small business loan program, $100 billion for hospitals and $150 billion for state and local governments.

It will also give a one-time check of $1,200 to Americans who make up to $75,000. Individuals with no or little tax liability would receive the same amount, unlike the initial GOP proposal that would have given them a minimum of $600.

Read More


Employment Law Issues: The Council of Industry is Teaming Up With Greenwald Doherty, LLP For An Essential HR Discussion Led by Joel Greenwald

Monday, March 30, 1 pm  Online Web Conference – Audio Only

Register Here

Or email


We are living in interesting times, with, it seems, daily changes and challenges for employers under the 2020 COVID-19 pandemic. Businesses are trying to do more with less—or are shuttering altogether where restrictions have been imposed on their operations. Many employment laws are implicated in the down-sizing, right-sizing, furloughing and laying off being contemplated and implemented. Wage and hour laws, lay-off notice laws, discrimination laws and others can impact employer actions. While trying to act swiftly to preserve business operations, employers need to be sure to comply with the various applicable laws.

Visit Greenwald Doherty’s blog Employment Law and the Current COVID-19 Crisis for additional information.


Ulster County Businesses Are invited to Ulster County Executive Pat Ryan & the Office of Economic Development’s Zoom Webinar: March 26, 2020 at 12PM

Please join Ulster County Executive Pat Ryan and representatives from the departments of Economic Development, Tourism and Employment & Training on Thursday, March 26 at 12 PM via Zoom Webinar!
Zoom Registration

Ulster County Executive Pat Ryan will give you the latest updates and you will have a chance to ask your business questions to people who can provide you with answers. Information about essential businesses, Unemployment Insurance, possible grant and loan support are among the topics being covered. To ask a question in advance please email:


Federal Updates

Labor Department Asks for Input on Paid Leave Implementation

The U.S. Department of Labor will be hosting an online dialogue to provide employers and employees with an opportunity to offer their perspectives as the department develops compliance assistance materials related to the implementation of the Families First Coronavirus Response Act. As a reminder, the FFCRA requires all employers with fewer than 500 employees to offer up to 12 weeks of paid leave for absences related to COVID-19. The deadline for submissions is Sunday, March 29. You can provide input here.

Overview of Small Business Administration Loan Program

The Small Business Administration’s Economic Injury Disaster Loan program provides targeted, low-interest loans to small businesses that have been impacted by the COVID-19 crisis. Read the NAM’s overview of the SBA loan process and other programs to aid in businesses’ response to the COVID-19 crisis here.

Overview of Financial Regulators’ Response to COVID-19

Federal financial regulators have taken aggressive steps to respond to the COVID-19 crisis, designed to free up capital and liquidity for small businesses across the country. The NAM has prepared an overview of these programs and regulatory changes as a resource for our members. Read the overview here.



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COVID 19 Update 13.1

Negotiators Near Accord on U.S. Stimulus Package to Combat Coronavirus

An estimated $2 trillion in funds would help buffer the American economy from the consequences of the pandemic.

The Wall Street Journal is Reports that lawmakers, administration officials, and aides said issues surrounding $500 billion in industry assistance loans and expanded unemployment insurance had largely been resolved, leaving a narrow set of unresolved items left to agree to.

The Senate could move to quickly vote on the package later in the day, if an agreement is reached.

 “I believe we’re on the 5-yard line,” Senate Majority Leader Mitch McConnell (R., Ky.) said on the Senate floor. “I hope today is the day this body will get it done.”


CI Podcast – George Quigley, President of the Ertel Alsop and Chairman of the Council of Industry Board of Directors on keeping employees safe and operations open during the COVID 19 Pandemic

Listen here


Coronavirus Triggers Hiring Surge at Some Firms

Some businesses are gaining customers because of the coronavirus pandemic and are recruiting thousands of workers to meet demand. These companies include supermarkets, pharmacies, takeout restaurants, delivery companies and medical-equipment manufacturers.

Read More at CNN 


Manufacturers, Distributors Shift Focus to Hospitals

Cleaning and health care distributors and manufacturers are prioritizing getting their products to hospitals and similar facilities ahead of other customers. Custom manufacturer and 3D printer Proto Labs is also focusing on “projects which are needed to equip our medical system to treat patients with COVID-19,” a company spokeswoman says.

This is also the Case with Council Member Belfor Property Restoration who is focusing all its efforts to support healthcare facilities and first responders. 

Read More at Digital Commerce 360


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COVID 19 Update 12.1

Update on NYS Request for Critical Supplies

The Council of Industry has received many offers from members offering to help with the manufacture of medical and PPE supplies.

ESD is looking primarily for:

  • Companies With an existing supply for FDA or other industry-approved/standard personal protection equipment (PPE) for healthcare workers (N95 masks, gowns, etc.)
  • Companies with an existing supply of FDA approved ventilators
  • Companies who already have or can secure on their own FDA or other industry-approved PPE specs and can begin producing this ASAP.
  • Companies who already have or can secure FDA-approved ventilator specs and begin production

If  you can provide any of the above (only if you can provide any of the above) contact ESD

General offers from companies are appreciated by ESD. However, they are swamped and they would like the Council of Industry to sort and organize them to make it easier to prioritize them.  We will be taking the offers to date and placing them in a spreadsheet provided by ESD.  We will do the same for any new offers you send us.

If you would like to make a General Offer please email Johnnieanne Hansen


Our Good Friends at the Construction Contractors Association Compiled this Comprehensive list of Government Resources Related to Coronavirus and Its Impacts

Government Coronavirus Resources


DHS announces flexibility in requirements related to Form I-9 compliance

Due to precautions being implemented by employers and employees related to physical proximity associated with COVID-19, the Department of Homeland Security (DHS) announced today that it will exercise discretion to defer the physical presence requirements associated with Employment Eligibility Verification (Form I-9) under Section 274A of the Immigration and Nationality Act (INA). Employers with employees taking physical proximity precautions due to COVID-19 will not be required to review the employee’s identity and employment authorization documents in the employee’s physical presence.

Read More


NAM/ SHRM Present COVID 19 Webinar

On Wednesday, March 25th at 11:00am EST, SHRM will be holding a joint presentation with the National Association of Manufacturers: “COVID-19 & Manufacturing Operations: Immediate Best Practices. Learn about the steps manufacturers are taking to attempt to limit the spread of COVID-19.”

Register now.


Six Economic Consequences of COVID-19

The economic and social impacts of COVID-19 are widespread and profound, so much so that it will take a long time to catalogue and assess them in detail. But a number of things with important economic consequences are coming into focus, starting with the fact that near-total shutdowns are compounding overall economic damage. They need to be more targeted.

Read the ITIF Commentary


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COVID 19 Update 12

NYS Department of Labor Shared Work Program

Many Council members are familiar with New York State’s Department of Labor’s Shared Work Program, having accessed it in the past.  Shared Work helps businesses manage business cycles and seasonal adjustments. Shared Work lets businesses keep trained staff and avoid layoffs. Employees can receive partial unemployment insurance benefits while working reduced hours. Full-time, part-time and seasonal employees are eligible.

More information can be found on this program here, including an example and step-by-step instructions:


New York Small Businesses are Eligible for SBA Disaster Loans

Small businesses, small agricultural cooperatives, and most private not-for-profits in all Mid-Hudson counties are now eligible to apply for SBA economic injury disaster loans (EIDL).

The SBA can provide up to $2 million to help meet financial obligations and operating expenses that could have been met had the disaster not occurred. Your loan amount will be based on your actual economic injury and your company’s financial needs. The interest rate on EIDLs will not exceed 4 percent per year. The term of these loans will not exceed 30 years. The repayment term will be determined by your ability to repay the loan.

More information on the SBA’s Economic Injury Disaster Loans can be found here:

Some key resources:

SBA Disaster Loan Application:

If you have questions, you can reach out directly to the SBA at 1-800-659-2955 or


COVID-19: Employee Benefits Consideration

Associate Member Bond Schoeneck and King (BSK) offer this benefits guide for employers

The swift impact of the Coronavirus Disease 2019 (COVID-19) in New York and across the country has forced employers to evaluate the impact of the virus on their workforces. This information memo addresses some of the more important employee benefit plan issues for employers to consider in connection with COVID-19.

Read More


NAM Monday Economic Report for March 23, 2020

Weekly initial unemployment claims jumped from 211,000 to 281,000, the highest level since September 2017. This figure will spike dramatically this week, likely approaching 1 million, with more businesses being forced to close or reduce activity and both firms and consumers pulling back on spending outside of the home. The data released last week foreshadowed the economic damage that will likely emerge over the coming weeks.

NAM Monday Economic Report 2020-0323


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