Measuring and Forecasting COVID-19 Impact in Near-real-time
City of Grapevine, TX
The problem with most data on the labor market and industry is that it is published with a significant lag in time, making it mostly unusable at a time like this with changes happening everyday.
The specific need in the City of Grapevine, TX was understanding the impact of COVID-19 on city revenues as well as the job market in top industries. The city has a large portion of its tax base coming from 5 key sectors including retail, hotels and manufacturing, all of which are disproportionately impacted by the health crisis and social distancing.
Using a combination of job postings data, economic impact forecasts and city tax data we were able to produce a concise picture within a week so critical discussions and decisions could take place with City Council and the community.
We hope you get some value out of this example, and please send us an email if you'd like to discuss.
COVID-19 Economic Impact Dashboard
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