The analysis summarized in this Data Scan helps provide insight into the first of the three questions outlined below:
1. What are the current and future economic and social impacts to our region from the pandemic?
2. How do we begin to reverse current and minimize future impacts?
3. What steps must the West Piedmont Region take to expedite economic recovery and to ensure increased economic immunity or resiliency from future threats?
The analysis evaluates the current macro-economic trends across the West Piedmont regional economy and considers the impact that the COVID-19 pandemic will have in terms of either presenting new opportunities or threats to the growth or decline of strategic regional economic sectors.