BRAC’s September 15 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 findings from this week’s dashboard include:  

  • Weekly unemployment claims fell for the seventh consecutive week – a 30% drop in total claims over that time;
  • Consumer spending dipped considerably in the last week of August, but that doesn’t account for expected higher spending due to the influx of evacuees from Southwest Louisiana;
  • Retail fuel sales continue to trend higher than a similar week last year at both the state and regional level;
  • Hotel occupancy spiked in the week ending September 5th to 92% due to evacuees staying in the region as recovery efforts continue;
  • Mobility was mostly static, although park attendance was up in several parishes; 
  • CATS continues to have about 50% of the weekly ridership that they had last year.
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