Daily Briefing – 257

COVID Update 

Governor Cuomo issued a press release yesterday morning providing an overview of New York’s COVID-19 tracking data from Saturday March 6th.  The Governor also announced that indoor dining outside of New York city can move to 75% capacity from 50% beginning March 19th. New York City restaurant capacity will remain at 35 percent capacity.

Hospitalization tracking data for the Mid-Hudson region and the rest of the State are below.  

Hospitalizations

  • Patients Currently in Hospital statewide: 4,789
  • Hospitalizations Mid-Hudson Region: 472

ICU Beds In Use (All Uses)

  • Occupied ICU Beds Statewide: 4,135
  • Occupied ICU Beds Mid-Hudson Region: 396

Other Data

  • Statewide Positivity Rate: 3.19%
  • Mid-Hudson Positivity Rate: 4.23

Useful Websites:


 

NYS Senate Majority Leader Stewart-Cousins Calls for Gov. Cuomo’s Resignation

Senate Majority Leader Andrea Stewart-Cousins added her voice to a growing number of Mr. Cuomo’s foes and allies who believe the three-term Democrat should step down. Her push for his resignation came shortly after a Sunday news conference in which Mr. Cuomo argued that it would be “anti-democratic” for him to step down because of the allegations.

Assembly Speaker Carl Heastie, also a Democrat, stopped short of echoing Ms. Stewart-Cousins but said in a statement that “it is time for the Governor to seriously consider whether he can effectively meet the needs of the people of New York.”

Read more at the Albany Times Union


NYS Vaccine Update – 5.5 Million Doses Administered

Governor Cuomo announced yesterday that more than 5.5 million doses of the COVID-19 vaccine have been administered in New York to date. More than 18 percent of New Yorkers have received at least one vaccine dose and more than 9 percent are fully vaccinated. 

As of 11 am Sunday, New York’s health care distribution sites have received 4,227,090 first doses and administered 86 percent or 3,650,948 first dose vaccinations. In total the state has administered and 84 percent of first and second doses (5,517,582) of the 6,541,110 received. In the Mid-Hudson Region a cumulative total of 626,065 first and second doses have been distributed, 506,945 administered (81 percent). 


US Vaccination Rollout – Nearing 100 Million Doses Distributed

On Friday the US CDC reported 96.40 million vaccine doses distributed and 76.90 million doses administered nationwide (79.8%). In total, 50.73 million people (15.3% of the entire US population; 19.9% of the adult population) have received at least 1 dose of the vaccine, and 25.47 million (7.7%; 10.0%) have received both doses.

The average daily doses administered is rebounding from its brief decrease, which was likely caused by severe winter weather and now stands at 1.42 million doses per day*. The breakdown of doses by manufacturer remains relatively steady, with slightly more Pfizer-BioNTech doses administered (39.26 million; 51%) than Moderna (37.52 million; 49%). No doses of the J&J-Janssen vaccine have been reported, but we expect the first of those doses to be reported this week.

Read more at Johns Hopkins Center For Health Security


‘Hassle Factor’ And Distrust Shadow Wide U.S. Vaccine Hesitancy

The White House now says all American adults will be able to get a Covid-19 vaccination by the end of May. Convincing a sizable portion of the U.S. public to be immunized is another matter. Only about 54% of American adults who haven’t been vaccinated say they definitely will, according to a Census Bureau survey conducted in February. Meanwhile, about 23% say they will probably be vaccinated, and another 23% will either probably or definitely not get vaccinated.

Reaching that highly coveted “herd immunity” level is central to the U.S. government’s plans to fight Covid and reopen businesses. Vaccine supply is one thing, but overcoming hesitancy to get the shot is another. To do that, officials must make the process of getting shots easier, and fight misinformation about the vaccines, concerns about the speed of development and distrust of government and health-care institutions.

Read more at Bloomberg


Job Growth Surges in February 

Hiring surged in February as U.S. economic activity picked up with Covid-19 cases steadily dropping and vaccine rollouts providing hope for more growth.  The Labor Department reported Friday that nonfarm payrolls jumped by 379,000 for the month and the unemployment rate fell to 6.2%. That compared with expectations of 210,000 new jobs and the unemployment rate holding steady from the 6.3% rate in January.

Nearly all the job gains came from the battered leisure and hospitality sector, which saw an increase of 355,000 amid a relaxation of dining restrictions in some areas. Bars and restaurants gained 286,000 jobs while hotel-related hiring totaled 36,000 and amusement, gambling and recreation businesses added 33,000. Manufacturing posted a 21,000 increase.

Read more at CNBC


Manufacturing Up 21,000 Jobs

Manufacturing added 21,000 people in February. Most of the growth was in the durable goods sector as transportation equipment companies hired 9,700 people. Machinery companies added 3,800 jobs, miscellaneous durable goods companies added 2,800, and electrical equipment and appliances companies hired 2,400. 

Nondurable goods employment increased by 4,000 in February, with notable gains in miscellaneous nondurable goods manufacturing (4,100 new jobs), plastics and rubber products(3,000 jobs), and apparel (2,400). Food manufacturing lost 3,100 jobs while printing and related activities lost 1,700 and paper products lost 1,000. 

Read more at IndustryWeek


Senate Approves Coronavirus Measure in Partisan Vote

The package provides another round of stimulus checks, aid for state and local governments, and more help for small businesses and schools. The party-line vote is a significant break from the previous five coronavirus bills, each of which passed with bipartisan support.

The House will take up the bill on Tuesday for a vote and plans to send it to Biden’s desk for a signature early next week, House Majority Leader Steny Hoyer (D-Md.) said in a statement. 

Read more at the Hill


EU Seeks Access to U.S. Produced AstraZeneca Vaccines

The European Union will urge the United States to permit the export of millions of doses of AstraZeneca’s Covid-19 vaccine as it scrambles to bridge supply shortfalls, the Financial Times reported.  The 27-nation EU also wants Washington to ensure the free flow of shipments of crucial vaccine ingredients needed in European production, the FT report on Saturday said.

EU countries started inoculations at the end of December, but are moving at a far slower pace than other rich nations, including former member Britain and the United States. Officials blame the slow progress in part on supply problems with manufacturers.

Read more at CNBC


US, EU to Suspend $11.5B in Tariffs for Four Months

The U.S. and European Union have agreed to suspend tariffs relating to a long-standing trade dispute for four months, following a similar deal announced Thursday between the U.S. and U.K.  European Commission Ursula von der Leyen said she and President Biden struck the deal in a Friday phone call.

The suspension will cover $11.5 billion-worth of traded goods, including $4 billion from EU tariffs on U.S. goods and $7.5 billion that former President Trump had imposed. The four-month pause is meant to provide an opportunity for the trading partners to work out issues in a 17-year dispute on subsidizing aerospace competitors Boeing and Airbus.

Read more at The Hill


Domestic Travelers to New York No Longer Required to Quarantine if Fully Vaccinated

Gov. Andrew Cuomo announced new travel guidance Wednesday for people fully vaccinated against COVID-19. The governor said domestic travelers are no longer required to quarantine or test-out within 90 days of full vaccination, but international travelers must continue to follow CDC guidelines for traveling.

AAA reports there has been a huge uptick in customers over the past few weeks, with more people looking to travel.  AAA says people are booking flights to warmer locations like Florida, Hawaii, and the Caribbean.

Read more at Spectrum News


Companies Take Charge of Germany’s Vaccination Drive

Germans are used to being top of the class. Early in the pandemic, when Germany controlled its outbreak better than most of the West, they felt they were. In vaccinating citizens against covid-19, by contrast, the country has been a laggard. One in 20 has received a shot, compared with nearly a third of Britons and a sixth of Americans.

German bosses are losing patience. Many workers at the industrial firms that dominate corporate Germany are vulnerable to covid-19 because factory or construction jobs cannot be done from home. Nearly all companies in the DAX 30 blue-chip stock market index, as well as countless CEOs of smaller firms, are therefore preparing to launch their own immunization drives. They include BASFand Bayer (in chemicals), BMW and Volkswagen.

Read More at the Economist


Drugmakers, Food Companies and Airlines Try to Offer Covid-19 Inoculations at Work

Large employers, from the meatpacking industry to airlines and pharmaceutical companies, are getting permission from public-health officials to administer Covid-19 vaccines, hoping to speed up inoculations of their employees. Companies registered to provide doses include energy giant Exxon Mobil Corp. meatpacker Smithfield Foods Inc. and machinery-makers Caterpillar Inc. and Deere DE 3.52% & Co., according to Illinois public-health records. 

Throughout the pandemic, companies have jostled for access to safety-related tools, such as protective gear and testing capacity to protect workers and give customers and staff more confidence in shared spaces. Now their focus has shifted to vaccines.

Read more at the WSJ


 

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