Our Social Distancing Index has stalled out in its march toward re-opening the economy as the Delta variant narrative has taken hold. Adding insult to illness, over the same period, more intense immobilization has been associated with more cases and fatalities, not less.
High-Freq Data Monitor
High-Freq Data Monitor
Thursday, July 8, 2021
New claims miss, continuing claims beat. So the claims-implied unemployment rate makes a new recovery low.
High-Freq Data Monitor
Thursday, July 1, 2021
New unemployment claims beat, but continuing claims miss. It's enough to bring the implied unemployment rate to a new low. There's a worrisome latest data-point on restaurant seatings, but overall we're A-Okay.
High-Freq Data Monitor
Thursday, June 24, 2021
New claims miss a little, continuing claims beat. Together, the implied unemployment rate falls to a new recovery low at 2.69%.
High-Freq Data Monitor
Thursday, June 17, 2021
It's a great day in the re-mobilization of America! For the first time three states' cell-phone mobility data shows less staying-at-home than before the pandemic. Any guesses? You got it! North Dakota, South Dakota and Wyoming! But like all states, those still show a sharp drop from pre-pandemic in travel to work places. Still more to be done.
High-Freq Data Monitor
Thursday, June 10, 2021
A small miss in initial claims, but a big beat in continuing claims. So the claims-implied unemployment rate falls to a new post-pandemic low.
High-Freq Data Monitor
Thursday, June 3, 2021
Kind of a go-nowhere week for the high-frequency data. New claims beat, continuing claims missed, with the implied unemployment rate rising ever-so-slightly.
High-Freq Data Monitor
Thursday, May 27, 2021
Big beats in new and continuing claims take the implied unemployment rate to new recovery lows below 3%. Why? Check our real-time restaurant utilization data. In the 40 US states we cover, 27 are seating more customers than before the pandemic!
High-Freq Data Monitor
Thursday, May 20, 2021
Gasoline consumption completes its V-shaped recovery to pre-pandemic levels. Meanwhile the claims-implied unemployment rate ticks up to the lofty level of -- wait for it -- 3%.
High-Freq Data Monitor
Thursday, May 13, 2021
A beat in new claims offsets a miss in PPI. We have updated yesterday's "Data Insights: CPI/PPI" to include this morning's price data -- click here.