St Tammany Corp Business Snapshot

St. Tammany Corp’s August edition of “Snapshot: Impacts of COVID-19 on St. Tammany,” is the fourth report of The AnalyST, their local economic research publication. This snapshot shows how the pandemic has impacted the economic landscape in St. Tammany. A few key takeaways from this August snapshot are that St. Tammany’s COVID-19 positive case curve continues to slope more steeply upward as positive cases accelerate to 5,600 after breaking 4,000 less than one month ago. More than 40% of St. Tammany’s workforce has been unemployed at some point since the start of the pandemic’s effects on the economy, and the unemployment rate still hovers above 11.0%. St. Tammany’s industrial makeup renders the economy particularly vulnerable to the effects of the pandemic, with accommodations & food service, retail, and other service jobs comprising a significant portion of the economy. And the economy, although no longer shut down, is making a slow recovery, with small business revenues still down more than 20%.