Data Research for Recovery Plan Completed

Chumra Economics and Analytics has been working with the CSPDC to provide local and regional data that will be included in the Central Shenandoah Pandemic Recovery and Resiliency Plan. Data analysis by Chmura includes the impact of the pandemic on various industry sectors and employment, including the effect on downtowns and the housing and commercial real estate markets. New business trends such as the sizable employee shift to teleworking as a result of the COVID-19 pandemic is also included in the analysis.

The next step in completion of the Plan will be for the CSPDC to integrate Chmura’s research into the overall planning document. It is anticipated that the Pandemic Recovery and Resiliency Plan will be completed and available for distribution in early 2022.