State Launching New Dashboard to Display Daily Test Results for Each Region and County
The dashboard will show on a daily basis how many tests have been administered and how many tests were positive as a raw number and a percentage. Currently, all regions are showing low positive rates.
In the Mid-Hudson region, there were 73 new positive cases and 0 hospital deaths yesterday. There are currently 274 hospitalizations in the region.
The Governor said that if rates spike in a region, that will be cause for concern. Currently, the State is providing coronavirus tracking information via the Regional UnPause Dashboard, the Early Warning Dashboard, and the Department of Health’s COVID-19 Tracker.
Congress Acts to Bring More Flexibility to Paycheck Protection Program -More Detail from Harris Beach
SBA and the Department of the Treasury are expected to issue Frequently Asked Questions and interim final rules to implement and clarify the provisions of the PPPFA and its impact on the inconsistent portions of prior interim final rules and guidance, as well as to address numerous outstanding issues and questions pertaining to the PPP and loan forgiveness that were not addressed by the PPPFA.
Pandemic Blamed for Decline in Machine Tool Orders
US orders for metal-cutting, metal-forming and metal-fabricating equipment fell 26.3% month-to-month in April and were down 37.8% from a year earlier, according to a report by the Association for Manufacturing Technology. The coronavirus pandemic was cited for the decline, which was the largest month-over-month drop in a decade.
The French Government Unveiled a €15bn ($17bn) Rescue Plan for its Aerospace Industry
The Industry employs some 300,000 people and has been severely affected by the pandemic. The package includes loan guarantees and measures to protect jobs, as well as loans already promised to Air France. Meanwhile Hong Kong’s government will take a 6% stake in Cathay Pacific as part of a $5bn rescue package.
Childcare Available for Parents Returning to Work in Putnam
Putnam County Executive MaryEllen Odell said Monday that several daycare centers and family day care providers are open and that slots are available.
Parents seeking childcare for their kids as they go back to work should contact the Dutchess/Putnam Care Council. The phone number of the Carmel office is 845-808-1659 while the Poughkeepsie office number is 845-473-4141.
Defense Production Act Loan Application Process Now Open
Back in mid-May, President Trump issued an executive order that provides the U.S. International Development Finance Corporation with the authority to issue loans under the Defense Production Act in order to re-shore domestic production of strategic resources needed to respond to the COVID-19 outbreak and to strengthen any relevant domestic supply chains. This week, the DFC announced it is now accepting applications for these loans.
NAM Liability Reform Campaign Expands
As the Manufacturers’ Center for Legal Action continues to expand our growing campaign for COVID-19 liability protections, I joined Mike Ralston, president of the Iowa Association of Business and Industry, in calling on the Iowa legislature and federal leaders to enact the type of targeted protections that manufacturers need.
Moving from Just in Time to Just in Case
In pursuit of ever-greater efficiency, many businesses de-emphasized supply chain flexibility and resilience. Today’s situation calls for rebalancing priorities. Consider for a moment the farms growing food for commercial users here or in China. Pre Covid-19, these farms were highly efficient and offered products at the lowest possible cost. Today the commercial market has been decimated, and farmers are forced to dump strawberries or cull herds, financial victims of unanticipated change. To withstand a crisis, or better yet to come out of it stronger, balance the low cost and efficiency of the JIT model with the need to be nimble and agile in reacting to market changes.