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Fredericksburg, VA Coronavirus Economic Impact Map

Economic Impact Key

Nominal
Significant
Severe


The map above shows which areas in Fredericksburg, VA are expected to suffer the greatest economic damage from COVID-19, also known as the Coronavirus. Economic damage includes both unemployment and loss of business. These estimates are based on the number of people employed in each industry by area. Areas in the darkest red may see 20% or more of the workforce newly unemployed.

Overall, the economic impact to Fredericksburg is expected to be significant, but less severe than the rest of US, with 8% of jobs at risk. On a national per-capita basis, there are 46,290 cities in worse condition and 8,251 cities in better condition. Among other cities classified as large by population, 393 are projected to have more economic damage, and 12 to have less economic damage.

Estimates are based on industries most impacted by the virus and by recessions in general. This map is based on strong statistical evidence, but please keep in mind these are only estimates. Changes will be included as more data becomes available. Estimates are generally conservative: some areas will have higher-than-projected unemployment.

Top Industries: Before COVID-19

Top Industries: After COVID-19

Industries Impact Key

Education and health
Public and administration
Professional and business services
Retail
Leisure and hospitality
Newly unemployed (top industries only)

 

Estimated Jobs at Risk for All Fredericksburg, VA Industries

IndustryCurrent jobs estimateJobs at risk
Agriculture and Mining38228
Construction5,717846
Manufacturing2,931428
Wholesale Trade1,787189
Retail11,1491,081
Transportation, Warehousing, and Utilities3,694213
Information1,496114
Finance325325
Professional and Business Services11,426853
Education and Health17,654783
Leisure and Hospitality8,2891,940
Public Administration12,6740
Other Private4,015100
Total86,8126,900

 

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