The full economic impact of the 2020 Covid-19 pandemic remains to be seen; however, we want to do everything we can to help anticipate the challenges that lie ahead. To this end, we’ve updated the regional economic analysis for the seven western counties of NC that was conducted in 2016.
Our first goal for the analysis is to provide a baseline interpretation of where our region’s economy was when the pandemic hit. The second is to evaluate what the economic impacts of the pandemic/shut down were and will be. Economic data is released several months after the fact, so we don’t yet have actual local data available for the March to present time frame. The predictions in the analysis were reached using a methodology that looks at the national data and makes some assumptions based on the strengths and vulnerabilities of our regional economy. This methodology is further explained in the full report.
view the 2021 Quarter 4 Employment & Sector Update
View the 2021 Quarter 3 Employment & Sector Update
View the 2021 Quarter 2 Employment & Sector Update
View the 2021 Quarter 1 Employment & Sector Update
View the Regional Economic Analysis Update Full Report 2020
View the Regional Economic Analysis Update Summary
View the 2016 Southwestern Commission Economic Analysis