In order to monitor actual conditions locally and nationally, areas to watch
include:
Indian-specific elements of any new stimulus legislation Funding levels for all major components of the federal budget affecting Indian country in the next three years Implications of national and statewide election results for hot button political issues related to tribes and general economic policy Success in completing the 2020 census accurately, particularly tribal member participation Formal actions at the federal level to encourage domestic production, repatriate manufacturing and diversify supply chains Auto travel trends and local area lodging industry performance Local personal and business bankruptcy rates Local employment trends, including large employer closures or rehiring Plans for resumption of local and regional festivals and sporting events Commodity prices and volumes in agriculture and mining sectors, as well as any government support initiatives Legislation affecting tribal interests during lame-duck sessions Unemployment rates, major employer closures and local government budget cuts in your immediate area Vacation travel and lodging industry performance nationally and in your area from July through October Resumption of gaming activity and response to enhanced marketing initiatives by high value gamers Average win per visit in casinos Outbreaks in major employers and in senior living facilities in the local area Public comments and draft legislative initiatives at the state level to boost state tax revenue that could adversely affect tribal interests Any initiatives at the national or state level pertaining to online gaming Tribes located in areas with hot spots, higher unemployment rates, dependency on oil and non-grain farming or ethanol, reliance on international travel or air travel, higher personal and/or business bankruptcy rates or slower resumption of major festivals and sporting events are likely to see longer and slower recovery periods than the overall averages forecast in this report. The converse is also true. However, as with the discussion of general economic conditions earlier in this section, it will be important to distinguish between the noise of short-term fluctuations and the presence of actual, substantial and sustained variation from predicted results.
∴ MONITORING FUTURE HEALTH
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