Atlantic County is preparing for the moment when the COVID-19 pandemic turns to economic recovery, the county executive said Monday.“The current pandemic was unforeseeable at the local level,” Atlantic County Executive Dennis Levinson said. “We have some difficult times ahead, but we are prepared at our level to do what needs to be done with the resources at our disposal, and do it quickly.”
The county is assessing economic recovery needs after the coronavirus issue interrupted what he says was "a growing and strengthening local economy."“Casino gaming revenues were increasing, employers were hiring, property values were rising, the tax base was stabilizing and our efforts to diversify the local economy were well underway," he said. "All of this was set back overnight.”
Atlantic and Cape May counties were particularly hard hit by the outbreak due to the large number of local businesses in the hospitality and entertainment sectors, he noted. “The pain of mandatory stay-at-home orders is not limited to our area but is being felt nationwide,” Levinson said.Those setbacks highlight the importance of the county’s economic diversification efforts, including building up a local aviation industry, he said.“Our aviation assets are unequaled,” he said.
Levinson expressed his support for certain state initiatives that could strengthen Atlantic County’s Aviation Innovation Hub, including:
Levinson said local aviation highlights include: