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Archive | August, 2020

Post-Covid19 Economic Recovery Tracker

By RecessionALERT on August 28, 2020 in Research Papers

Since the onset of Covid-19, there has been a lot of research (and release) of alternative (non traditional) high-frequency data to measure the extent of the economic collapse brought on by coronavirus lockdowns, as well as to measure the post-lockdown economic recovery. Think of Google, Apple and SafeGraph geolocation data to track movement of people around workplaces and residential places, foot and transit traffic data, hotel occupancy, movie ticket sales (BoxOfficeMojo), TSA traveller throughput, seated diners (OpenTable) and so forth. […]

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Global Business Mobility remains in decline

By RecessionALERT on August 27, 2020 in Reflections

Global Business Mobility, defined as GDP-weighted Google geolocation data of workplace less residential mobility for the 24 largest economies in the world, representing over two-thirds of global GDP, remains in decline despite a recent uptick: When excluding USA from the data, the situation appears even worse, as depicted by the second chart above showing steeper decline of business mobility as well as a daily Covid19 infection rate that appears on the rise. This is due to the fact that the […]

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