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North Central West Virginia Economic Outlook 2021-2025, Brian Lego, John Deskins
North Central West Virginia Economic Outlook 2021-2025, Brian Lego, John Deskins
Bureau of Business & Economic Research
North Central West Virginia has been one of the state’s strongest and steadiest economic regions for the past decade or so. The four-county area did lose some jobs during 2019, but those losses were tied to court-ordered delays of pipeline construction projects and layoffs at a large manufacturer rather than a deterioration in the area’s underlying economic fundamentals. Despite the region’s solid economic foundation, the COVID-19 pandemic did strike a major blow to the region’s economy in early-2020 and continues to affect the area to this day. In this report, we present a detailed discussion of North Central West Virginia’s …
Wheeling Area Economic Outlook: 2021-2025, Brian Lego, John Deskins
Wheeling Area Economic Outlook: 2021-2025, Brian Lego, John Deskins
Bureau of Business & Economic Research
The Wheeling Area economy has seen large swings in economic activity over the past several years. Surging energy production and massive increases in pipeline construction activity fueled strong economic growth during 2017 and 2018. By contrast, the completion of pipeline projects and two large hospital closures weighed on area payrolls in 2019 before the COVID-19 pandemic dealt the regional economy a major blow in early-2020. In this report, we present a detailed discussion of the Wheeling Area economy along with our forecast for regional economic conditions for the next five years.