BRAC’s November 24 COVID-19 Dashboard: BRAC’s Economic Indicator Dashboard

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.

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Key findings from this week’s dashboard include:

  • For the first week of November, consumer spending was above pre-pandemic levels in the three largest parishes in the Capital Region, indicating strong consumer confidence;
  • Indicators such as hotel occupancy and fuel sales showed stability, remaining just below and just above 2019 numbers respectively;
  • Weekly unemployment claims rose for the first time in 17 weeks; however, the jump was so pronounced and contrary to other data, that the claims number is being reviewed by the Louisiana Workforce Commission;
  • While Professional Services, Government, Trade, Transportation, and Utility job counts are just below or at pre-pandemic levels, Leisure & Hospitality (-24.3%) and Construction (-12.3%) are still struggling, although Construction added 2,500 jobs over the month.
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