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.