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.