Myrtle Beach, SC Coronavirus Economic Impact Map

Economic Impact Key

Nominal
Significant
Severe


The map above shows which areas in Myrtle Beach, SC 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 Myrtle Beach is expected to be extremely severe, with 11.6% of jobs at risk. On a national per-capita basis, there are 1,193 cities in worse condition and 53,348 cities in better condition. Among other cities classified as large by population, 7 are projected to have more economic damage, and 398 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

[wp_charts title=”Myrtle Beach SC Pre Coronavirus Industries” type=”pie” class=”ChartForcedCenter” margin=”5px” colors=”#005ccc,#38a800,#e09600,#b80000,#B89000″ data=”12819,8808,8262,5120,4265″ labels=”Leisure and hospitality,Education and health,Retail,Professional and business services,Construction”]

Top Industries: After COVID-19

[wp_charts title=”Myrtle Beach SC Post Coronavirus Industries” type=”pie” class=”ChartForcedCenter” margin=”5px” colors=”#005ccc,#38a800,#e09600,#b80000,#B89000,#540041,#936753″ data=”9819,8377,7461,4715,3634,5268″ labels=”Leisure and hospitality,Education and health,Retail,Professional and business services,Construction,Unemployed”]

Industries Impact Key

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

 

Estimated Jobs at Risk for All Myrtle Beach, SC Industries

Industry
Current jobs estimate
Jobs at risk
Agriculture and Mining
248
18
Construction
4,265
631
Manufacturing
1,450
212
Wholesale Trade
975
103
Retail
8,262
801
Transportation, Warehousing, and Utilities
1,767
108
Information
837
64
Finance
193
193
Professional and Business Services
5,120
405
Education and Health
8,808
431
Leisure and Hospitality
12,819
3,000
Public Administration
1,327
0
Other Private
2,821
71
Total
52,021
6,036

 

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