BRAC’s July 8 COVID- 19 Brief: BRAC’s Economic Indicator Dashboard

BRAC produces an economic indicator dashboard as part of our business recovery priorities. The dashboard examines and assesses the impact of COVID-19 on the regional economy, taking into account a number of data points to illustrate the economy’s current state, and to keep businesses informed as it begins to steady and rebound. Past dashboards are archived on brac.org/recovery.

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Key takeaways from this week’s dashboard include:

  • Consumer spending was flat or down in the largest Capital Region parishes;
  • Retail fuel sales were up significantly at the state level and slightly at the metro level;
  • Mobility data shows more driving to work by regional residents, but less driving to parks, retail and recreation sites;
  • The number of weekly unemployment claims was relatively static for the third consecutive week;
  • Hotel occupancy was up for the week, potentially due to travel related to the special legislative session;
  • While COVID-related deaths and mortality rates are flat, positive test rates and hospitalizations are up.
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