WASHINGTON - June 2, 2020 - According to the organization's website, "The National Minority Supplier Development Council (NMSDC) advances business opportunities for certified minority business enterprises and connects them to corporate members. The economic impact of the COVID-19 pandemic will reach far into the coming months."
NMSDC sponsored a webinar series designed to uncover economic indicators to watch. Mr. Cunningham will provide "expert guidance on how to best navigate through and recover from the downturn in our economy." His analysis rests on his forecast from December 26, 2016,
"Under any conceivable scenario, the current situation is very bad, and I mean toxic, for democratic institutions in general and for people of color specifically. Bottom line: our Fully Adjusted Return Forecast** indicates that, over time, things will get much, much worse....."
From: Trumpism https://www.linkedin.com/pulse/trumpism-william-michael-cunningham-am-mba/
In a blog post concerning the Economic and Social Costs of "Reopening" America, he estimated that U.S. small businesses would need $6 trillion on an annual basis to ensure their survival through the coronavirus crisis. https://twisri.blogspot.com/2020/04/economic-and-social-c...
This was confirmed by the head of the Federal Reserve Bank of Atlanta.
(See: https://reut.rs/2ylhxgW ).
Mr. Cunningham will update his forecast to include the economic impact of the George Floyd protests. He will also discuss appropriate corporate social responsibility strategies in the face of both the COVID crisis and the Floyd protests.
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