BRAC’s April 14 COVID-19 Brief: BRAC’s Weekly Economic Indicator Dashboard

As part of BRAC’s business recovery priorities, we will be producing and distributing a weekly economic indicator dashboard to examine and assess the impact of COVID-19 on the regional economy. The indicator dashboard takes into account a number of data points to illustrate the economy’s current state, and to keep businesses informed until it begins to steady and as it rebounds. Dashboards will be archived on


Key takeaways from this week’s report include:

  • Initial unemployment claims have climbed for four consecutive weeks, indicating that the extended period of stay-at-home has still not had its full effect on the regional economy;
  • Hotels continue to see a decrease in occupancy and revenues, which has led to massive reductions in staffing;
  • While the stay-at-home order has caused a reduction in retail and recreation mobility, a high percentage of people in the Capital Region have essential jobs that require them to travel to work;
  • Capital Region parishes with heavy industry and high percentages of essential employees have displayed a correlation to higher mortality rates.

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