Five High Frequency Indicators for the Economy

—– Airlines: Transportation Security Administration —–

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 (Black), 2021 (Blue) and 2022 (Red).

The dashed line is the percent of 2019 for the seven-day average.

The 7-day average is down 14.4% from the same day in 2019 (85.6% of 2019). (Dashed line)

Air travel – as a percent of 2019 – has been moving sideways over the last several months, off about 10% from 2019 – with some ups and downs, usually related to timing of holidays.

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

Black is 2020, Blue is 2021 and Red is 2022.

The data is from BoxOfficeMojo through July 7th.

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

Movie ticket sales were at $206 million last week, down about 39% from the median for the week.

—– Hotel Occupancy: STR —–

The 4-week average of the occupancy rate is at the median rate for the previous 20 years (Blue).

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

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. Purple is for 2021, and Red is for 2022.

As of July 1st, gasoline supplied was down 0.8% compared to the same week in 2019.

Recently gasoline supplied has been running somewhat below 2019 levels.

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

This graph is from Todd W Schneider.

This graph shows weekly turnstile entries since 2015.

Currently traffic is less than half of normal.