US Recovery Tracker declines as pandemic rages on | U.S.

The US Recovery Tracker fell 0.6ppts in late October, a third successive drop to the lowest level in 10 weeks. A dangerous cocktail of surging virus cases and fading fiscal support is visibly slowing activity.

In this report, you will learn:

  • With pre-election volatility leading to tighter financial conditions and production cooling, the Recovery Tracker headed in the wrong direction in late October.
  • Health tracker drags down the headline Recovery Index.
  • Subnational conditions deteriorated broadly, with 41 State Recovery Trackers declining.

Topics: Recovery Tracker, US economy, Macro Highlights, Heavy Industry, Market Highlights

US Recovery Tracker declines as pandemic rages on