US | Recovery Tracker benefits from a spring break lift

The US Recovery Tracker rose 0.8ppts to 89.1 in the week ended April 2, the sixth straight rise. Another week of broad-based gains across the tracker’s components signals the recovery is pushing through the latest virus uptick.

What you will learn:

• Leading this week’s gains were looser financial conditions as stocks hit record highs and interest rates fell.
• Regional recoveries lost momentum in early April, with only 21 states recording higher readings.
• The daily vaccination rate is now comfortably above 3mn, but rising infections in some parts of the country are an important consideration as public officials deliberate reopenings.