Businesses report heavy loss of revenue during pandemic

Wrangell businesses did better than those in Skagway but worse than their counterparts in the larger and more diversified economies of Juneau and Sitka during the economic shutdowns amid the COVID-19 pandemic, according to an online survey of business owners and managers throughout the region.

“On average, reporting businesses in the region lost 42% of their revenue due to COVID-19, while Wrangell businesses were down 48% overall,” the third highest for any community in the area, said the report issued by the Southeast Conference, comprised of chambers of commerce and local governments.

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