See which state economies are most vulnerable to COVID

By Mike Sunnucks | Rose Law Group Reporter

Arizona, California, and Utah compare favorably to other U.S. states when it comes to the impact of COVID-19 is having on their economies.

Arizona ranks 32nd, California 35th and Utah 45th when it comes to how vulnerable their economies to the Coronavirus’ impacts.

Financial services firm WalletHub looked state economies and the prevalence of industries hit hard by COVID-19 such as tourism, retail, restaurants and media and communications.

The survey also looked at technology infrastructure, internet access and employment bases for working at home,

Florida and Louisiana are the most vulnerable, according to WalletHub. New York, which has the most COVID-19 cases and deaths, if 5th most vulnerable.

North Dakota, Nebraska, and Missouri are the least vulnerable, according to the study.

Arizona has a substantial tourism sector, but the logistics, aerospace, and construction sectors also have significant footprints in the Phoenix metro area.

Arizona has also reopened its economy faster than some other states while California has had more aggressive closures.

There have been more than 40 million new unemployment claims since the pandemic started in March.

The Arizona Department of Health Services reported this morning that the state has 27,678 COVID-19 cases and 1,047 deaths.

Sectors such as retail and restaurants are also being impacted by unrest and curfews coming out of the George Floyd protests.


Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories