The economic fall-out created by the global COVID-19 pandemic has caused unprecedented circumstances. In response to this, SIPP announced the creation of a multi-government, multi-stakeholder Rising Economy Taskforce to convene the actions necessary for our region to recover. To support this monumental effort, we needed a responsive set of indicators to track monthly status and progress. Below are the first set of 12 monthly indicators we’re tracking. Since some of the data has a lag in terms of availability, these will serve as a baseline to get the tracking process underway. Stay tuned for the June Edition where we will introduce new indicators and start to reveal some of the economic fall-out that occurred starting in March. Our hope is that many of these indicators remain strong or hopeful in the coming months, but we also know that the journey ahead will be tough as our region starts to recover or find its new normal.
Find each month’s commentary in the left column, and snapshot below of the indicators with three-month trend lines, and year-over-year data for added context.