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Midlands Economy Set To Be Second Worst Affected By Covid-19

Wednesday, 13 May 2020 07:12

That's the finding of an analysis by The Three Regional Assemblies of Ireland.

The economy of the midlands region will be the second worst affected by Covid-19.

That's the finding of an analysis by The Three Regional Assemblies of Ireland.

In a commercial sense, the midlands and border regions have been identified as having the highest covid-19 exposure rate. 

Essentially that means that businesses in those regions are the most at risk in the country. 

The predicted economic disruption across Laois, Offaly and Westmeath is 48.9%, with over 5,000 units operating in the areas worst affected.

Westmeath faces the second highest potential disruption in Ireland at 51%, with more than 1,900 businesses in badly affected sectors.

The covid-19 exposure rate in Offaly isn't far behind at 47.8%, while in Laois it's 46.3%. 

Moate, Portarlington and Edenderry are the towns predicted to witness the greatest economic downturn. 

Despite having the largest number of confirmed cases, Dublin is estimated to have the greatest bounce back ability from restrictions.

It's predicted disruption rate is just 39.4%.

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