COVID’s impacts to businesses are well known. The slowing of the economy due to shutdowns caused great financial stress and the need to adapt business models. The future is unknown with the rise of remote work and uncertainty on how consumers will spend or travel in a post-COVID environment.
Here in Marin, the future may not be so opaque.
Our economy is largely oriented towards serving the local market. As we reopen and people get vaccinated, we anticipate demand to mostly return without major changes, though we do not know how long that will take.
Join MEF CEO Mike Blakeley and Chief Economist Dr. Rob Eyler to discuss the latest economic data and an update to the Marin Recovery Data Tool. Details are below.
When: Dec 10, 2020 09:00 AM Pacific Time (US and Canada) Topic: MEF Economic Briefing
Join MEF CEO Mike Blakeley and Chief Economist Dr. Rob Eyler to discuss the latest economic data and an update to the Marin Recovery Data Tool. Details are below.
When: Dec 10, 2020 09:00 AM Pacific Time (US and Canada) Topic: MEF Economic Briefing
The tailspin that the coronavirus has sent the local economy into might continue for a while, according to the Marin Economic Forum.
“It’s a sobering thought, but we may not have hit the bottom yet,” Mike Blakeley, the organization’s chief executive, said Thursday during a briefing on the local outlook. “The question we’re asking right now is whether Marin County is in economic recovery or not.”
Also participating in the webinar on Zoom was Robert Eyler, the forum’s chief economist. He said job losses due to the pandemic have been smaller than during the Great Recession. Marin’s unemployment rate in August stood at 7%.
