Magical Trade
Saturday, June 10, 2023
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Magical Trade
No Result
View All Result
Home Trade News

Seven High Frequency Indicators for the Economy

by
November 22, 2021
in Trade News
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Investors are shifting into high-yield ETFs with a potential Fed pause on the horizon

$5.2 billion in cargo stuck off West Coast ports in truck and container bottleneck

by Calculated Risk on 11/22/2021 08:35:00 AM

These indicators are mostly for travel and entertainment. It is interesting to watch these sectors recover as the pandemic subsides.

—– Airlines: Transportation Security Administration —–

The TSA is providing daily travel numbers.

This data is as of November 20th.

Click on graph for larger image.

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 14.3% from the same day in 2019 (85.7% of 2019). (Dashed line)

Overall, air travel had been off about 20% relative to 2019 for the last four months (with some ups and downs) – and picking up recently.
—– Restaurants: OpenTable —–

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.

IMPORTANT: OpenTable notes: “we’ve updated the data including downloadable dataset from January 1, 2021 onward to compare seated diners from 2021 to 2019, as opposed to year over year.” Thanks!

Thanks to OpenTable for providing this restaurant data:

This data is updated through November 20, 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 for the Labor Day weekend, but declined after the holiday – and appears to be declining slightly again. The 7-day average for the US is down 5% compared to 2019.

—– Movie Tickets: Box Office Mojo —–

This data shows domestic box office for each week and the median for the years 2016 through 2019 (dashed light blue).

Blue is 2020 and Red is 2021.
The data is from BoxOfficeMojo through November 18th.

Note that the data is usually noisy week-to-week and depends on when blockbusters are released.

Movie ticket sales were at $89 million last week, down about 66% from the median for the week.

—– Hotel Occupancy: STR —–

This graph shows the seasonal pattern for the hotel occupancy rate using the four week average.

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).

This data is through November 13th. The occupancy rate was down 4.0% compared to the same week in 2019.

Notes: Y-axis doesn’t start at zero to better show the seasonal change.

The occupancy rate will now decline seasonally into the new year.

—– Gasoline Supplied: Energy Information Administration —–

This graph, based on weekly data from the U.S. Energy Information Administration (EIA), shows gasoline supplied compared to the same week of 2019.

Blue is for 2020. Red is for 2021.

As of November 12th, gasoline supplied was up slightly compared to the same week in 2019.

There was the ninth week, out of the last 20, that gasoline supplied was up slightly compared to the same week in 2019 – so consumption is running close to 2019 levels now.

—– Transit: Apple Mobility —–

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.


This data is through November 20th

for the United States and several selected cities.

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 112% of the January 2020 level.

New York City is doing well by this metric, but subway usage in NYC is down sharply (next graph).
—– New York City Subway Usage —–

Here is some interesting data on New York subway usage (HT BR).

This graph is from Todd W Schneider.

This graph shows how much MTA traffic has recovered in each borough (Graph starts at first week in January 2020 and 100 = 2019 average).
Manhattan is at about 42% of normal.

This data is through Friday, November 19th.

He notes: “Data updates weekly from the MTA’s public turnstile data, usually on Saturday mornings”.

ShareTweetPin

Related Posts

Investors are shifting into high-yield ETFs with a potential Fed pause on the horizon

by
June 9, 2023
0

Investors are beginning to stretch for yield as the Federal Reserve's rate-hiking cycle winds down, ETF flows data suggests. The...

$5.2 billion in cargo stuck off West Coast ports in truck and container bottleneck

by
June 9, 2023
0

A photo of Fenix Marine Services rail terminal on June 8, 2023, taken by a trucker. The "slow and go"...

Crypto tokens plunged this week after Gensler stepped up SEC crackdown

by
June 9, 2023
0

Gary Gensler, Chair of the U.S. Securities and Exchange Commission, takes his seat before the start of the Senate Banking,...

Trump charged with 37 counts in classified documents case, indictment says

by
June 9, 2023
0

A 37-count criminal indictment against Donald Trump was unsealed Friday, revealing allegations that the former president willfully retained hundreds of...

Carvana stock surge leaves short sellers sitting on $1 billion loss

by
June 9, 2023
0

S&P 500 4,298.86 +4.93(+0.11%)   Dow 30 33,876.78 +43.17(+0.13%)   Nasdaq 13,259.14 +20.62(+0.16%)   Russell 2000 1,865.71 -15.07(-0.80%)   Crude...

Next Post

Oil On A 4-Week Losing Streak

Dow Jones Rallies As Biden Picks Powell For Fed Chief; Tesla Races Higher On Elon Musk Tweet

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • Fund manager believes FAANG is dead — says now it’s all about MANTA

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Bank of America names its top global tech stocks — including one it says has upside of 100%

    0 shares
    Share 0 Tweet 0
  • This idiot-proof portfolio has beaten traditional stocks and bonds over 50 years

    0 shares
    Share 0 Tweet 0
  • Josh Brown says Nvidia’s potential is ‘scary’ ahead of a potential AI boom

    0 shares
    Share 0 Tweet 0
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.magicaltrade.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.magicaltrade.net