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Tag Archives: Covid-19 Regional Economic Analysis

Clare at risk of “significant economic disruption”

CLARE has been ranked fifth highest of Irish counties most exposed to “significant economic disruption” caused by the Covid-19 outbreak with more than half of the commercial units in the county likely to be affected. Cooraclare economist John Daly has conducted a study for the three Regional Assemblies of Ireland which found 50.5% of Clare’s commercial units were operating in sectors likely to be worst affected by Covid-19. This represents just over 2,500 businesses in Clare. The analysis found that 51% of units in Newmarket-on-Fergus were at risk, 47.7% in Ennis, 43.8% Kilrush, 42.6% Sixmilebridge and 32.6% in Shannon. Coastal and rural counties are more likely to be exposed due to their reliance on commercial units that generally require human interaction and cannot be operated remotely, the study outlines. The GeoDirectory commercial database has been used in identifying each area’s reliance on sectors likely to be affected by measures designed to curtail the spread of Covid-19. Sectors determined as likely …

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