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.
Key findings from this week’s dashboard include:
- Retail fuel sales fell after a hurricane-related spike, but over-the-year weekly sales have been above 2019 number for three weeks in a row, and four out of the last five weeks;
- Weekly unemployment claims have fallen every week for more than two months, and should continue to fall as the economy continues to reopen;
- Hotel occupancy remained strong compared to the same week last year, and revenues were more than $1 million higher for the week ending September 12th;
- Mobility data shows that travel to retail and recreation remains low, but more people are traveling to work.