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:
- Consumer spending rose in all three of the Capital Region’s largest parishes, and it was above pre-COVID spending in Livingston and East Baton Rouge;
- There was increased mobility to workplaces and retail & recreation in the week ending September 4th;
- While unemployment claims were down only slightly, it marks the sixth straight week of decline;
- Because of the high number of evacuees, hotel occupancy was significantly higher both over-the-year and over-the-week.