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Pittsburg Weathers Economic Storm

 

The Pittsburg Area Chamber of Commerce and Pittsburg State University has released the latest quarterly economic report and Pittsburg businesses did an excellent job weathering the economic storm due to the coronavirus pandemic.

 

The Pittsburg Area Chamber of Commerce says last March, the city’s unemployment rate fell to a 20 year low of 3.3%, and while it did get up to 9% in April, as of December the unemployment rate was back down to 3.5%, and sales tax collections for 2020 were up over 2019.

 

The Pittsburg Area Chamber of Commerce says the Paycheck Protection Program was one of many tools that helped many city businesses survive.

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