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-Frequency Post-Virus Recovery
High-Frequency Post-Virus Recovery
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-Frequency Post-Virus Recovery
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-Frequency Post-Virus Recovery
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-Frequency Post-Virus Recovery
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-Frequency Post-Virus Recovery
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.
High-Frequency Post-Virus Recovery
Thursday, May 6, 2021
A nice beat takes new claims below 500,000 for the first time since the pandemic crisis began. Science!
High-Frequency Post-Virus Recovery
Thursday, April 29, 2021
The claims-implied unemployment rate dips ever so slightly below 3%.
High-Frequency Post-Virus Recovery
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-Frequency Post-Virus Recovery
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.