US | Recovery Tracker shakes off Labor Day lull
The US Recovery Tracker strengthened in the week ended September 17, rising 0.3ppts to 96.1, but remaining below its early summer peak as it continues to be restrained by health and supply concerns. Stronger employment and increased mobility drove the advance, while mildly stronger production and looser financial conditions supported the gain.
What you will learn:
- Health conditions worsened slightly as positive test rates remained stubbornly high – a reminder there’s more work to do on the vaccination front. Demand cooled a tad as consumers spent less at restaurants but more at hotels.
- Regional recoveries mostly softened in mid-September, led lower by the South. Alabama, Mississippi, Idaho, and West Virginia recorded the sharpest declines while California, New York, and Texas largely held their ground.
- Covid data inspires cautious optimism as daily case rates are down almost 25% from early September, but vaccination rates have slowed to roughly 650k/day.
Tags:
Related Services

Post
What AI means for economies, businesses, jobs & cities
Artificial Intelligence has the potential to fix the world's productivity problems, just as previous general purpose technologies such as steam power, electricity, and computers have, in our view.
Find Out More
Post
Australia: Flight to quality occurring but secondary markets may not be doomed
We believe the most significant policy measures to come through in the budget for residential building are the announced tax tweaks for build-to-rent (BTR) development.
Find Out More