The peak in daily new COVID-19 cases was four weeks ago. Case growth appears to be on a declining trend for the U.S. overall, but individual markets have their own unique pandemic curves. Some markets are seeing more cases reported not only as a function of outbreaks, but also as a function of increases in … Continued
Our Chief Economist, Jonathan Smoke, joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. This week, Jonathan examines: The latest on COVID-19’s nationwide impact Jobless claims and impacts by state Consumer sentiment in the U.S. and in the 142 largest DMAs … Continued
The peak in daily new COVID-19 cases was three weeks ago, and case growth appears to be on a declining trend for the U.S. overall, but some markets are still seeing growth. Testing is ramping up but remains inadequate. Joblessness grows: The damage to the economy can be seen in a record decline in retail … Continued
Our Chief Economist, Jonathan Smoke, joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. This week, Jonathan examines: The latest on COVID-19’s nationwide impact Jobless claims and impacts by state Consumer sentiment in the U.S. and in the 140 largest markets New- … Continued
The peak in daily new COVID-19 cases was two weeks ago. The growth in new cases is declining but is still an inconsistent trend. Progress is slow as individual markets each have their own unique pandemic curves. Testing is ramping up but remains inadequate. Historic joblessness: The damage to the economy can be seen in the historic … Continued
Our Chief Economist, Jonathan Smoke, joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. This week, Jonathan examines: The latest on COVID-19’s nationwide impact Jobless claims and impacts by state Consumer sentiment in the U.S. and in the 142 largest markets … Continued
The peak in daily new COVID-19 cases was over a week ago, so case growth is on a declining but inconsistent trend. Meantime, the economic fallout is evident in negative growth and record unemployment. Progress in slowing the virus is inconsistent as individual markets each have their own unique pandemic curves. Testing is ramping up … Continued
The Fed made no surprises today when they left rate policy — already at the zero lower bound — unchanged. The Fed’s statement and press conference affirmed the gravity of the economic situation created by the COVID-19 pandemic and in essence pledged to continue to do whatever it takes to get the U.S. economy through … Continued
Our Chief Economist, Jonathan Smoke, joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. This week, Jonathan examines: The latest on COVID-19’s nationwide impact Jobless claims and impacts by state Consumer sentiment in the U.S. and in the 142 largest markets … Continued
COVID-19 cases keep growing in the U.S., but the pace of increase is slowing since the peak in new cases occurred two weeks ago. The declines are inconsistent with individual markets having their own pandemic curves. Testing is ramping up but remains inadequate. Stay-at-home orders across the country have caused businesses to close temporarily, and … Continued