A nice beat takes new claims below 500,000 for the first time since the pandemic crisis began. Science!
High-Freq Data Monitor
High-Freq Data Monitor
Thursday, April 29, 2021
The claims-implied unemployment rate dips ever so slightly below 3%.
High-Freq Data Monitor
Thursday, April 22, 2021
A substantial beat in new claims takes the implied unemployment rate just slightly under 3%, to an amazing new recovery low.
High-Freq Data Monitor
Thursday, April 15, 2021
Giant beats in new claims and retail sales. It's looking like our crazy year-ago call for a completed V-shaped recovery by Q1 is going to pay off.
High-Freq Data Monitor
Thursday, April 8, 2021
The recovery from the lockdown depression is trickling down to the grass roots, with restaurant seatings back almost to pre-pandemic levels. In 8 states, they are higher!
High-Freq Data Monitor
Thursday, April 1, 2021
Some of our high-frequency data is presented year-over-year, and given where we were a year ago, it looks crazy good. But even in absolute terms, the recovery is palpable. Look at the jump in gasoline sales. Follow that F-150!
High-Freq Data Monitor
Thursday, March 25, 2021
Big beats for new and continuing unemployment claims, bringing the implied unemployment rate to a new recovery low at 3.2%. No wonder, with the Social Distancing Index making new recovery lows.
High-Freq Data Monitor
Thursday, March 18, 2021
Look at the state-by-state mobility charts. One by one, the cells are turning green. There didn't used to be any at all. America is coming back to life.
High-Freq Data Monitor
Thursday, March 11, 2021
Great news all around, but the best is on page 5. At last! The Social Distancing Index has crashed to new recovery lows. The boom is among us!
High-Freq Data Monitor
Thursday, March 4, 2021
A sudden drop to new recovery lows in the Social Distancing Index, as mobility returns in most states. It's more than a bounceback from the Polar Vortex -- this is the long-awaited move to reopening.