May 01, 2020

Economic Impact of Disruption to All Sectors for the State of Tennessee, the Nashville MSA, and the Clarksville MSA



The Nashville Area Chamber of Commerce’s Research Center recently completed a report that used the REMI model to analyze employment levels in the city of Nashville, the city of Clarksville, and the rest of Tennessee as a result of the outbreak of COVID-19. This assessment also evaluated how long it might take for certain sectors to reach pre-COVID-19 economic activity provided the pandemic does not intensify. Researchers calculated how each region’s job numbers, real gross domestic product, personal income, and disposable personal income have declined and forecasted the impact of these decreased totals out to the year 2030. The report also considered several different restart dates in order to compare the varying feasibility of a statewide resumption of pre-COVID-19 activity.

Nashville Area Chamber of Commerce – Economic Impact of Disruption to All Sectors for the State of Tennessee, the Nashville MSA and the Clarksville MSA [full PDF]