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Silver Spring, MD Coronavirus Economic Impact Map

Economic Impact Key

Nominal
Significant
Severe


The map above shows which areas in Silver Spring, MD 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 Silver Spring is expected to be significant, but less severe than the rest of US, with 7.6% of jobs at risk. On a national per-capita basis, there are 49,157 cities in worse condition and 5,384 cities in better condition. Among other cities classified as large by population, 398 are projected to have more economic damage, and 7 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
Professional and business services
Public and administration
Other and nonpublic
Leisure and hospitality
Newly unemployed (top industries only)

 

Estimated Jobs at Risk for All Silver Spring, MD Industries

IndustryCurrent jobs estimateJobs at risk
Agriculture and Mining1249
Construction4,406652
Manufacturing1,297189
Wholesale Trade66571
Retail4,953480
Transportation, Warehousing, and Utilities2,255154
Information1,952148
Finance187187
Professional and Business Services12,015886
Education and Health14,694680
Leisure and Hospitality5,5431,297
Public Administration7,2700
Other Private5,872147
Total64,2644,900

 

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