BRAC’s Economic Indicator 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 rebounds. Past dashboards are archived on brac.org/recovery.
Key findings from this week’s dashboard include:
- Weekly unemployment claims dropped for the 16th straight week, and have fallen 71% over that timeframe;
- Consumer spending is slightly down from January in Livingston, Ascension, and East Baton Rouge;
- Hotel occupancy and revenues dropped marginally both over-the-week and over-the-year as the travel sector’s struggles continue; and
- Overall mobility was mostly flat, although a majority of Capital Region parishes saw a small dip in travel to work.