PTBA conducted a survey of PTBA Member Companies during this unprecedented time to assess the impact of COVID-19 on the trail industry. Based on the responses collected in April 2020, we project the following impact to PTBA Member Companies (114 companies).
While PTBA Members are a subset of the trail industry, we believe that this survey provides insight into the impact on the broader trail industry.
Highlighted Survey Results
Projects:
Trail Projects on hold or canceled: 380
Monetary value of postponed/canceled projects: $37M
Jobs:
# Employees laid-off, furloughed, and not hired to date as a result of COVID-19: 429
# Employees expected to be laid off or furloughed in the rest of 2020 as a result of COVID-19: 240
# Employees expected to be laid off or furloughed in 2021 as a result of COVID-19: 114
Projected number of jobs lost due to COVID-19 in 2020 and 2021: 783
Percent of typical jobs lost due to COVID-19 in 2020 and 2021: 75%
