
From the DOWNTOWNDC ECONOMY UPDATE SUMMER 2020:
“DAYTIME POPULATION DROPPEDFROM 225,000 IN FEB TO 22,000 IN JULY -DOWN 90%.
METRORAIL WEEKDAY RIDERSHIP FROMAPRIL–JUNE 2020 WAS 3%OF APRIL–JUNE 2019 RIDERSHIP
THE RETAIL VACANCY RATE REACHED A RECORDHIGH OF 17.1% IN JULY 2020
DOWNTOWNDC RESTAURANT SALES WERE DOWN 80% IN JULY 2020 WHILE THE REGION WAS DOWN ONLY 52%
The coronavirus (COVID-19) pandemic continues to have a catastrophic impact on the DowntownDC and DC economies. The data for April-July 2020 for the DowntownDC and DC economies, clearly shows the impact. (more…)