The outbreak of COVID-19, also known as novel coronavirus, is impacting almost all industries and sectors worldwide. Two of the most impacted sectors are manufacturing and travel & transportation. Both sectors are set to be severely impacted by coronavirus pandemic.
The impact is ranked on a 5-point scale from minor impact to severe impact:
1 - minor impact
2 - moderate impact
3 - significant impact
4- major impact
5 - severe impact
According to a study in mid-March 2020, around **** percent of jobs in the leisure and hospitality industry in the United States are at risk from the global coronavirus pandemic (COVID-19). This amounts to around **** million jobs nationwide.
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A slew of new and revised reports assessing the impact of COVID-19 on a wide range of businesses, from food and beverage to health care and beyond, have been released by market research companies. Forecasts, professional analysis, and significant market data that can't be found anywhere else are all included in these reports. Sectors that have survived Covid 19 pandemic Many.....
In the wake of COVID-19 and associated lockdowns, businesses in both the oil and gas industry and the recreation industry saw a ** percent reduction in revenues when comparing the revenues generated between ********** to ********** with revenues generated between ********** to **********. The top performing industries during the same time period can be accessed here.
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This 6MB download is a zip file containing 5 pdf documents and 2 xlsx spreadsheets. Presentation on COVID-19 and the potential impacts on employment
May 2020Waka Kotahi wants to better understand the potential implications of the COVID-19 downturn on the land transport system, particularly the potential impacts on regional economies and communities.
To do this, in May 2020 Waka Kotahi commissioned Martin Jenkins and Infometrics to consider the potential impacts of COVID-19 on New Zealand’s economy and demographics, as these are two key drivers of transport demand. In addition to providing a scan of national and international COVID-19 trends, the research involved modelling the economic impacts of three of the Treasury’s COVID-19 scenarios, to a regional scale, to help us understand where the impacts might be greatest.
Waka Kotahi studied this modelling by comparing the percentage difference in employment forecasts from the Treasury’s three COVID-19 scenarios compared to the business as usual scenario.
The source tables from the modelling (Tables 1-40), and the percentage difference in employment forecasts (Tables 41-43), are available as spreadsheets.
Arataki - potential impacts of COVID-19 Final Report
Employment modelling - interactive dashboard
The modelling produced employment forecasts for each region and district over three time periods – 2021, 2025 and 2031. In May 2020, the forecasts for 2021 carried greater certainty as they reflected the impacts of current events, such as border restrictions, reduction in international visitors and students etc. The 2025 and 2031 forecasts were less certain because of the potential for significant shifts in the socio-economic situation over the intervening years. While these later forecasts were useful in helping to understand the relative scale and duration of potential COVID-19 related impacts around the country, they needed to be treated with care recognising the higher levels of uncertainty.
The May 2020 research suggested that the ‘slow recovery scenario’ (Treasury’s scenario 5) was the most likely due to continuing high levels of uncertainty regarding global efforts to manage the pandemic (and the duration and scale of the resulting economic downturn).
The updates to Arataki V2 were framed around the ‘Slower Recovery Scenario’, as that scenario remained the most closely aligned with the unfolding impacts of COVID-19 in New Zealand and globally at that time.
Find out more about Arataki, our 10-year plan for the land transport system
May 2021The May 2021 update to employment modelling used to inform Arataki Version 2 is now available. Employment modelling dashboard - updated 2021Arataki used the May 2020 information to compare how various regions and industries might be impacted by COVID-19. Almost a year later, it is clear that New Zealand fared better than forecast in May 2020.Waka Kotahi therefore commissioned an update to the projections through a high-level review of:the original projections for 2020/21 against performancethe implications of the most recent global (eg International monetary fund world economic Outlook) and national economic forecasts (eg Treasury half year economic and fiscal update)The treasury updated its scenarios in its December half year fiscal and economic update (HYEFU) and these new scenarios have been used for the revised projections.Considerable uncertainty remains about the potential scale and duration of the COVID-19 downturn, for example with regards to the duration of border restrictions, update of immunisation programmes. The updated analysis provides us with additional information regarding which sectors and parts of the country are likely to be most impacted. We continue to monitor the situation and keep up to date with other cross-Government scenario development and COVID-19 related work. The updated modelling has produced employment forecasts for each region and district over three time periods - 2022, 2025, 2031.The 2022 forecasts carry greater certainty as they reflect the impacts of current events. The 2025 and 2031 forecasts are less certain because of the potential for significant shifts over that time.
Data reuse caveats: as per license.
Additionally, please read / use this data in conjunction with the Infometrics and Martin Jenkins reports, to understand the uncertainties and assumptions involved in modelling the potential impacts of COVID-19.
COVID-19’s effect on industry and regional economic outcomes for NZ Transport Agency [PDF 620 KB]
Data quality statement: while the modelling undertaken is high quality, it represents two point-in-time analyses undertaken during a period of considerable uncertainty. This uncertainty comes from several factors relating to the COVID-19 pandemic, including:
a lack of clarity about the size of the global downturn and how quickly the international economy might recover differing views about the ability of the New Zealand economy to bounce back from the significant job losses that are occurring and how much of a structural change in the economy is required the possibility of a further wave of COVID-19 cases within New Zealand that might require a return to Alert Levels 3 or 4.
While high levels of uncertainty remain around the scale of impacts from the pandemic, particularly in coming years, the modelling is useful in indicating the direction of travel and the relative scale of impacts in different parts of the country.
Data quality caveats: as noted above, there is considerable uncertainty about the potential scale and duration of the COVID-19 downturn. Please treat the specific results of the modelling carefully, particularly in the forecasts to later years (2025, 2031), given the potential for significant shifts in New Zealand's socio-economic situation before then.
As such, please use the modelling results as a guide to the potential scale of the impacts of the downturn in different locations, rather than as a precise assessment of impacts over the coming decade.
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COVID-19, commonly referred to as the Coronavirus, is dominating headlines the world over. No industry has seen a greater impact than airlines. Read More
Continued Claims for UI released by the CT Department of Labor. Continued Claims are total number of individuals being paid benefits in any particular week. Claims data can be access directly from CT DOL here: https://www1.ctdol.state.ct.us/lmi/claimsdata.asp
Claims are disaggregated by age, education, industry, race/national origin, sex, and wages.
The claim counts in this dataset may not match claim counts from other sources.
Unemployment claims tabulated in this dataset represent only one component of the unemployed. Claims do not account for those not covered under the Unemployment system (e.g. federal workers, railroad workers or religious workers) or the unemployed self-employed.
Claims filed for a particular week will change as time goes on and the backlog is addressed.
For data on continued claims at the town level, see the dataset "Continued Claims for Unemployment Benefits by Town" here: https://data.ct.gov/Government/Continued-Claims-for-Unemployment-Benefits-by-Town/r83t-9bjm
For data on initial claims see the following two datasets:
"Initial Claims for Unemployment Benefits in Connecticut," https://data.ct.gov/Government/Initial-Claims-for-Unemployment-Benefits/j3yj-ek9y
"Initial Claims for Unemployment Benefits by Town," https://data.ct.gov/Government/Initial-Claims-for-Unemployment-Benefits-by-Town/twvc-s7wy
Official statistics are produced impartially and free from political influence.
Official statistics are produced impartially and free from political influence.
The impact of coronavirus COVID-19 outbreak with a prolonged shutdown of business operation could be devastating on China's economy. Recreation industry was estimated to suffer the most with a drop by 5.8 percentage points form the baseline of no virus outbreak. Transportation, trade and communication services were other hard-hit industries.
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Report on the impact COVID-19 has had on the Apparel market as it pertains to the sports industry. Read More
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The impact of COVID-19 on the Information, Communication, and Technology (ICT) industry has been profound, with the market valued at XX Million and experiencing a significant CAGR of XXX%. Several key factors drive this growth, including the increased demand for remote working and learning, the acceleration of digital transformation, and the growing adoption of cloud computing and 5G technology. Government initiatives promoting ICT infrastructure development and the rising need for cybersecurity solutions also contribute to market expansion. Major players in the industry include Cisco, Huawei, and Microsoft.
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COVID-19 accelerates significant opportunities for long-term growth in electronic payments Read More
As the coronavirus (COVID-19) is affecting nearly every facet of the United States (and global) economy, the U.S. chemicals industry is also experiencing an impact. In 2020, U.S. chemical shipments are projected to decrease by ten percent, but is expected to only increase by 7.8 percent in 2021.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
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Report on the impact COVID-19 has had on the Airlines sponsorship sector. Read More
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According to a survey conducted in Japan, approximately ** percent of business enterprises in the manufacturing industry stated that they already experienced an impact of the coronavirus (COVID-19) pandemic on their corporate activities. An additional of around ** percent were concerned about possible impacts in the future. When compared to the first survey, the ratio of already affected companies increased by nearly ** percent.
Access the Data HereWhat is the COVID-19 Economic Vulnerability Index?The COVID-19 Vulnerability Index (CVI) is a measurement of the negative impact that the coronavirus (COVID-19) crisis can have on employment based upon a region's mix of industries. For example, accommodation and food services are projected to lose more jobs as a result of the coronavirus (in the neighborhood of 50%) compared with utilities and healthcare (with none or little expected job contraction).An average Vulnerability Index score is 100, representing the average job loss expected in the United States. Higher scores indicate the degree to which job losses may be greater — an index score of 200, for example, means the rate of job loss can be twice as large as the national average. Conversely, an index score of 50 would mean a possible job loss of half the national average. Regions heavily dependent on tourism with relatively high concentrations of leisure and hospitality jobs, for example, are likely to have high index scores. The Vulnerability Index only measures the impact potential related to the mix of industry employment. The index does not take into account variation due to a region’s rate of virus infection, nor does it factor in local government's policies in reaction to the virus. For more detail, please see this description.MethodologyThe index is based on a model of potential job losses due to the COVID-19 outbreak in the United States. Expected employment losses at the subsector level are based upon inputs which include primary research on expert testimony; news reports for key industries such as hotels, restaurants, retail, and transportation; preliminary release of unemployment claims; and the latest job postings data from Chmura's RTI database. The forecast model, based on conditions as of March 23, 2020, assumes employment in industries in each county/region would change at a similar rate as employment in national industries. The projection estimates that the United States could lose 15.0 million jobs due to COVID-19, with over half of the jobs lost in hotels, food services, and entertainment industries. Contact Chmura for further details.
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Commercial vehicle is any form of motor vehicle used for the transport of goods or the payment of passengers. The commercial vehicle market can broadly be classified as light commercial vehicles (LCVs), heavy goods vehicles, and buses and coaches. The growth of the automotive sector in emerging markets and the creation of commercial logistics operations contributed to a substantial demand for commercial vehicles in 2019.
The grow.....
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Explore the growth potential of Market Research Intellect's report_name, valued at current_value in 2024, with a forecasted market size of forecast_value by 2033, growing at a CAGR of cagr_value from 2026 to 2033.
The outbreak of COVID-19, also known as novel coronavirus, is impacting almost all industries and sectors worldwide. Two of the most impacted sectors are manufacturing and travel & transportation. Both sectors are set to be severely impacted by coronavirus pandemic.
The impact is ranked on a 5-point scale from minor impact to severe impact:
1 - minor impact
2 - moderate impact
3 - significant impact
4- major impact
5 - severe impact