by Calculated Risk on 7/26/2021 08:14:00 AM
These indicators are mostly for travel and entertainment. It will interesting to watch these sectors recover as the pandemic subsides.
The TSA is providing daily travel numbers.
This data is as of July 25th.
This data shows the 7-day average of daily total traveler throughput from the TSA for 2019 (Light Blue), 2020 (Blue) and 2021 (Red).
The dashed line is the percent of 2019 for the seven day average.
The 7-day average is down 21.3% from the same day in 2019 (78.7% of 2019). (Dashed line)
There was a slow increase from the bottom – and TSA data has picked up in 2021 – but moved over the last couple of weeks.
The second graph shows the 7-day average of the year-over-year change in diners as tabulated by OpenTable for the US and several selected cities.
This data is updated through July 24th, 2021.
This data is “a sample of restaurants on the OpenTable network across all channels: online reservations, phone reservations, and walk-ins. For year-over-year comparisons by day, we compare to the same day of the week from the same week in the previous year.”
Note that this data is for “only the restaurants that have chosen to reopen in a given market”. Since some restaurants have not reopened, the actual year-over-year decline is worse than shown.
Dining picked up during the holidays, then slumped with the huge winter surge in cases. Dining is generally picking up, but was down 6% in the US (7-day average compared to 2019). Florida and Texas are above 2019 levels.
Note that the data is usually noisy week-to-week and depends on when blockbusters are released.
Movie ticket sales were at $132 million last week, down about 52% from the median for the week.
The red line is for 2021, black is 2020, blue is the median, dashed purple is 2019, and dashed light blue is for 2009 (the worst year on record for hotels prior to 2020).
Occupancy is well above the horrible 2009 levels and weekend occupancy (leisure) has been solid.
This data is through July 17th. The occupancy rate is down 8.7% compared to the same week in 2019. Note: Occupancy was up year-over-year, since occupancy declined sharply at the onset of the pandemic. However, the 4-week average occupancy is still down from normal levels.
Notes: Y-axis doesn’t start at zero to better show the seasonal change.
—– Gasoline Supplied: Energy Information Administration —–
Blue is for 2020. Red is for 2021.
As of July 16th, gasoline supplied was down 3.9% compared to the same week in 2019.
There have been 3 weeks so far this year when gasoline supplied was up compared to the same week in 2019.
This graph is from Apple mobility. From Apple: “This data is generated by counting the number of requests made to Apple Maps for directions in select countries/regions, sub-regions, and cities.” This is just a general guide – people that regularly commute probably don’t ask for directions.
There is also some great data on mobility from the Dallas Fed Mobility and Engagement Index. However the index is set “relative to its weekday-specific average over January-February”, and is not seasonally adjusted, so we can’t tell if an increase in mobility is due to recovery or just the normal increase in the Spring and Summer.
The graph is the running 7-day average to remove the impact of weekends.
IMPORTANT: All data is relative to January 13, 2020. This data is NOT Seasonally Adjusted. People walk and drive more when the weather is nice, so I’m just using the transit data.
According to the Apple data directions requests, public transit in the 7 day average for the US is at 101% of the January 2020 level.
Here is some interesting data on New York subway usage (HT BR).
This graph is from Todd W Schneider. This is weekly data since 2015.
This data is through Friday, July 23rd.
Schneider has graphs for each borough, and links to all the data sources.
He notes: “Data updates weekly from the MTA’s public turnstile data, usually on Saturday mornings”.