US | Recovery Tracker declines as pandemic rages on
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: United States, Recovery Tracker, US economy, Macro Highlights, Heavy Industry, Market Highlights, North America
