Research Briefing | Apr 29, 2021

US | Recovery Tracker advances toward its pre-Covid level

Ipad Frame (33)

The US Recovery Tracker rose 0.8ppts to 91.2 in the week ended April 16. Improvement in four of the six components kept momentum solid, though the gain was softer than the 1.4ppts of average weekly growth since early March.

What you will learn:

  • The labor market strengthened on the back of greater hiring and job postings. Financial conditions loosened thanks to lofty equity prices and lower volatility, while health conditions continued to improve.
  • Mobility and demand fell back slightly, but this appears to be a consolidation rather than a reversal in the strong upward trend, as flying activity, hotel demand, and retail spending steadied at elevated levels.. 
  • Regional recoveries remained buoyant, with 41 states recording higher readings. Southwest and Mountains states improved the most, while conditions in the upper Midwest seem to have turned the corner.

Back to Resource Hub

Related Services

Post

Key Global Construction Themes 2024

Global construction activity is forecast to fall over 2024. In this context, we have identified 6 themes that we think will dominate the narrative of the construction sector over 2024.

Find Out More

Post

South Africa: Elections 2024 | ‘Moonshot’ election scenario

This is the last of the four Research Briefings on scenarios for South Africa's general election on May 29. In this scenario, the centre-right opposition to the ANC, united in a coalition around the DA, secures enough votes to form a majority.

Find Out More