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Articles 1 - 18 of 18
Full-Text Articles in Social and Behavioral Sciences
Parkersburg Area Economic Outlook: 2022-2026, Connor Kelly, Lauren Moore, Glenn Whited, John Deskins, Brian Lego
Parkersburg Area Economic Outlook: 2022-2026, Connor Kelly, Lauren Moore, Glenn Whited, John Deskins, Brian Lego
Bureau of Business & Economic Research
The Parkersburg Area economy experienced a substantial loss in jobs during COVID-19 recession, as the combination of public health measures and massive negative shock to economic activity globally caused employment in the area to plunge by nearly 8,000 jobs in early-2020. By some measures, the area’s recession was not demonstrably worse than what occurred at the state and national level yet was still unprecedented in terms of how fast these losses happened when compared to previous economic downturns. At the same time, the area has recovered nearly 6,000 jobs over the last six quarters, putting its overall recovery on par …
Weirton Area Economic Outlook: 2022-2026, Mackenzie Hill, Ben Sbei, Isabelle Dallaire, Brian Lego, John Deskins
Weirton Area Economic Outlook: 2022-2026, Mackenzie Hill, Ben Sbei, Isabelle Dallaire, Brian Lego, John Deskins
Bureau of Business & Economic Research
The Weirton Area1 suffered a sharp drop in employment during the COVID-19 recession, but the region experienced a relatively milder bout of job losses during the early phases of the pandemic compared to many areas.
The Eastern Panhandle Economic Outlook: 2022-2026, John Deskins, Brian Lego
The Eastern Panhandle Economic Outlook: 2022-2026, John Deskins, Brian Lego
Bureau of Business & Economic Research
West Virginia’s Eastern Panhandle (EPH) has been the state’s strongest economic region for well over a decade, experiencing sustained growth in population, employment, income and a host of other major economic indicators. The three-county area has recovered nearly all the jobs lost during the COVID-19 recession and has seen its workforce return to pre-pandemic levels. In this report, we present a detailed discussion of the current state of the EPH economy along with our forecast for the likely path of economic activity over the next five years.
The New River Gorge Area Economic Outlook: 2022-2026, John Deskins, Brian Lego
The New River Gorge Area Economic Outlook: 2022-2026, John Deskins, Brian Lego
Bureau of Business & Economic Research
The New River Gorge Area has struggled for much of the last decade as secular declines in employment for several of the region’s traditional industries have proven difficult to overcome. More recently, the COVID-19 recession has caused significant turmoil for portions of the four-county area’s economy, most notably the tourism industry, but conditions have improved measurably over the past 18 months or so. In this report, we present a discussion of the New River Gorge Area’s recent economic performance and a forecast of the region’s economy over the next five years.
North Central West Virginia Economic Outlook: 2022-2026, Brian Lego, John Deskins
North Central West Virginia Economic Outlook: 2022-2026, Brian Lego, John Deskins
Bureau of Business & Economic Research
North Central West Virginia has been one of a few economic regions in state to record steady economic growth over the past decade, but the area has dealt with some struggles over the past couple of years. The COVID-19 recession led to an abrupt loss in jobs in the spring of 2020 and the pandemic continues to weigh on local economic activity for a variety of factors. The closure of Mylan’s manufacturing plant in mid-2021 will be a significant limiting factor to the area’s recovery. In this report, we present a detailed discussion of North Central West Virginia’s economy along …
Wheeling Area Economic Outlook: 2022-2026, John Deskins, Brian Lego
Wheeling Area Economic Outlook: 2022-2026, John Deskins, Brian Lego
Bureau of Business & Economic Research
The Wheeling Area has experienced major episodes of economic volatility in recent years. Indeed, the region has swung between periods natural gas pipeline construction activity adding thousands of jobs locally, only to be followed by unprecedented job losses in just two months due to the COVID-19 recession. In this report, we present a detailed discussion of the Wheeling Area economy and an economic forecast of the region covering the next five years.
Parkersburg Area Economic Outlook: 2021-2025, Joseph Gutmann, Sarah Ihlenfeld, Sofia Nunez, Ryan Snyder
Parkersburg Area Economic Outlook: 2021-2025, Joseph Gutmann, Sarah Ihlenfeld, Sofia Nunez, Ryan Snyder
Bureau of Business & Economic Research
The Parkersburg Area economy has generally struggled over the past several years. Even though the region outperformed many other portions of West Virginia during the early- to mid-2010s, the five-county area has failed to gain much traction since 2015. Indeed, the Parkersburg Area lost nearly 4,000 jobs between early-2015 and mid-2017. The region did see a modest rebound in job growth during 2018 and 2019, due in large part to gains in manufacturing and construction activity.
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.
Wheeling Area Economic Outlook: 2020-2024, John Deskins, Brian Lego
Wheeling Area Economic Outlook: 2020-2024, John Deskins, Brian Lego
Bureau of Business & Economic Research
The Wheeling Area has experienced significant economic volatility over the past several years, with the region’s economy swinging back to strong growth in 2018 thanks to surging natural gas production and massive levels of pipeline construction activity. 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.
The New River Gorge Area Economic Outlook: 2020-2024, Brian Lego, John Deskins
The New River Gorge Area Economic Outlook: 2020-2024, Brian Lego, John Deskins
Bureau of Business & Economic Research
The New River Gorge Area enjoyed its second calendar year of growth in 2018 but despite recent growth in coal production and construction activity, the region’s economy continues to struggle in some ways with the lingering effects of a deep economic downturn that occurred between 2012 and 2016. In this report, we present a detailed discussion of the New River Gorge Area’s recent economic performance along with our forecast for the likely path of economic activity over the next five years.
The Eastern Panhandle Economic Outlook: 2020-2024, Brian Lego, John Deskins
The Eastern Panhandle Economic Outlook: 2020-2024, Brian Lego, John Deskins
Bureau of Business & Economic Research
The Eastern Panhandle (EPH) has been West Virginia’s strongest economic region for much of the past decade. Numerous economic indicators point to broad strength in the area’s economy and the region’s performance tends to stack up well against national-level economic measures. In this report, we present a detailed discussion of the current state of the EPH economy along with our forecast for the likely path of economic activity over the next five years.
West Virginia Economic Outlook: 2020-2024, Brian Lego, John Deskins, Eric Bowen, Christiadi, Dallas Mullett, Aidan Farnum, Shaun Gilyard, Danielle Kaminski, William Wagstaff
West Virginia Economic Outlook: 2020-2024, Brian Lego, John Deskins, Eric Bowen, Christiadi, Dallas Mullett, Aidan Farnum, Shaun Gilyard, Danielle Kaminski, William Wagstaff
Bureau of Business & Economic Research
West Virginia registered its strongest year of economic growth in more than a decade during 2018, marking the state’s second year of recovery after a protracted economic downturn that lasted for much of the period between 2012 and 2016. The energy sector has driven most of West Virginia’s economic rebound, particularly the abundance of natural gas pipeline construction activity occurring throughout the state. Most of the state’s economic regions have seen conditions improve over the past couple of years but gains in jobs and output remain concentrated from a geographic perspective as a several counties account for have accounted for …
North Central West Virginia Economic Outlook: 2020-2024, Brian Lego, John Deskins
North Central West Virginia Economic Outlook: 2020-2024, Brian Lego, John Deskins
Bureau of Business & Economic Research
North Central West Virginia has remained one of the state’s healthiest economic regions and continued to post solid job growth over the past couple of years. Even with some recent job losses by at one of the area’s largest employers and protracted stoppages to natural gas pipeline projects, the area has recorded solid gains in income and employment and all four of the region’s counties have shown varying degrees of improvement across a range of labor market indicators. In this report, we present a detailed discussion of North Central West Virginia’s economy along with our forecast for regional conditions for …
Parkersburg Area Economic Outlook 2019-2024, Danielle Kaminski, Patrick Opitz, Ian Wylie, John Deskins, Brian Lego
Parkersburg Area Economic Outlook 2019-2024, Danielle Kaminski, Patrick Opitz, Ian Wylie, John Deskins, Brian Lego
Bureau of Business & Economic Research
The Parkersburg Area economy has generally struggled over the past several years. The five-county region avoided the economic downturn that plagued several regions in West Virginia between 2012 and 2015, as payrolls increased nearly 2,000 during this period of time. In more recent years, however, the Parkersburg Area economy has struggled significantly, with payrolls falling by more than 3,700 by mid-2018. The region’s economy does appear to have stabilized thanks to some recent growth in natural gas output and pipeline infrastructure as well as continued development of the Hino manufacturing facility, economic recovery remains tenuous due to structural issues that …
Huntington Area Economic Outlook 2019-2024, Emily Frasa, Will Mccleery, Tucker Miller, Trip Patterson, John Deskins, Brian Lego
Huntington Area Economic Outlook 2019-2024, Emily Frasa, Will Mccleery, Tucker Miller, Trip Patterson, John Deskins, Brian Lego
Bureau of Business & Economic Research
No abstract provided.
The Weirton Area Economic Outlook 2019-2024, Sarah Alway, Garrett Cathell, William Wagstaff, John Deskins, Brian Lego
The Weirton Area Economic Outlook 2019-2024, Sarah Alway, Garrett Cathell, William Wagstaff, John Deskins, Brian Lego
Bureau of Business & Economic Research
No abstract provided.
The Greenbrier Valley Economic Outlook 2019-2024, Henry Barkey-Bircann, Patrick Klaas, John Maltby, John Deskins, Brian Lego
The Greenbrier Valley Economic Outlook 2019-2024, Henry Barkey-Bircann, Patrick Klaas, John Maltby, John Deskins, Brian Lego
Bureau of Business & Economic Research
No abstract provided.