Listed here are 5 charts monitoring the U.S. financial system amid the coronavirus

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Listed here are 5 charts monitoring the U.S. financial system amid the coronavirus

Brendan McDermid | ReutersCourse requestsRequests for transit instructions on Apple Maps are nonetheless nowhere close to pre-pandemic ranges, in k


Brendan McDermid | Reuters

Course requests

Requests for transit instructions on Apple Maps are nonetheless nowhere close to pre-pandemic ranges, in keeping with knowledge from the navigation app. Nevertheless, driving and strolling path requests have surged from their low factors through the early levels of the outbreak. Vacationers could also be extra inclined to driving and strolling somewhat than utilizing public transportation as coronavirus circumstances proceed to extend.

Restaurant bookings

Lodge occupancy 

Forward of the Fourth of July weekend, the U.S. resort occupancy charge has continued to creep upward and is now at 46%, in keeping with knowledge from international hospitality analysis firm STR. Norfolk/Virginia Seashore, Va., was the one journey market to surpass a 60% occupancy degree. Locations like Boston, Orlando, Florida and Oahu Island, Hawaii, noticed a number of the lowest occupancy charges this week amongst STR’s prime 25 journey markets.

Air journey 

Residence purchases 

Mortgage purposes for getting a single-family house are 15% greater than the identical week final yr, in keeping with knowledge from the Mortgage Bankers Affiliation. Nevertheless, they did decline barely from final week regardless of mortgage charges hitting a document low. “Buyers are considering the dangers of the latest resurgence of COVID-19 circumstances to the labor market and financial system,’ mentioned Joel Kan, MBA’s associative vice chairman of financial and business forecasting, in a press release.



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