In the wake of COVID-19 and associated lockdowns, businesses in both the oil and gas industry and the recreation industry saw a 20 percent reduction in revenues when comparing the revenues generated between April 2020 to March 2021 with revenues generated between April 2019 to March 2020. The top performing industries during the same time period can be accessed here.

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 11.1 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 16.3 million jobs nationwide.

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

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

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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The size and share of the market is categorized based on Application (Manufacturing, Energy & Power, Oil & Gas, Healthcare, Logistics & Transport, Agriculture) and Product (Hardware, Sensor, Software and Service) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The size and share of the market is categorized based on Application (Automotive & Transportation, Electrical and Electronics, Aerospace & Defense, Oil & Gas, Food & Beverages, Pharmaceutical, Energy and Power Generation) and Product (Fieldbus, Industrial Ethernet, Wireless) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Report on the impact COVID-19 has had on the Apparel market as it pertains to the sports industry. Read More

COVID-19, commonly referred to as the Coronavirus, is dominating headlines the world over. The travel & tourism sector is suffering significant disruption and the cruise industry is being greatly impacted. Read More

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.

According to recent estimates, the most affected sectors by the coronavirus pandemic in Latin America would be wholesale and retail trade as well as services in general, such as tourism, foodservice, transport, and communications. In 2020, this group of most affected sectors was forecasted to represent more than 16 percent of Brazil’s gross domestic product (GDP). Among the countries shown in this graph, Brazil is the nation where sectors moderately affected by the pandemic could represent the highest contribution to GDP (75.8 percent).

Which Latin American economies were most vulnerable to the pandemic? In 2020, the economic sectors most affected by the coronavirus pandemic - wholesale and retail, hotels and restaurants, transport and services in general - were forecasted to account for 35.5 percent of Panama’s GDP. In addition, the moderately and most affected economic segments were estimated to contribute the most to Panama’s GDP (a combined 97.6 percent) than any other country in this region. A similar scenario was projected in Mexico, where the sectors that would least suffer the pandemic's negative effects would account for only 3.4 percent of GDP.

Did the pandemic put a stop to economic growth in Latin America? Economic growth changed dramatically after the COVID-19 outbreak. Most of the largest economies in Latin America fell under recession in 2020. Estimates predict a more optimistic scenario for 2021, with countries such as Mexico, Colombia, and Argentina growing their GDP at least five percent.

About 20 percent of logistics industry professionals reported that their supply chains were interrupted by the COVID-19 pandemic in 2020. In addition, about 11 percent of repondents also reported that their orders were cancelled as a result of the pandemic.

The size and share of the market is categorized based on Application (Automotive, Machine manufacturing, Semiconductor and electronics, Medical devices, Logistics and transportation, Energy and utilities, Chemicals and materials, Food and beverage) and Product (WLAN, SDWAN, IIoT) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Report on the impact COVID-19 has had on the Airlines sponsorship sector. 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.

The industry sectors across India witnessed a significant decline in growth rate compared to previous years due to the impact of the coronavirus (COVID-19). Mining and quarrying took the brunt of the impact during lockdown months, and was on the path to recovery in the later months of 2020.