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WATCH THE DATA COMING OUT OF TEXAS
For the @Markets newsletter, I wrote about some of the indicators coming out of Texas that suggest economic activity might be rolling over already https://www.bloomberg.com/news/newsletters/2020-06-24/five-things-you-need-to-know-to-start-your-day?sref=vuYGislZ
For the @Markets newsletter, I wrote about some of the indicators coming out of Texas that suggest economic activity might be rolling over already https://www.bloomberg.com/news/newsletters/2020-06-24/five-things-you-need-to-know-to-start-your-day?sref=vuYGislZ
Big thanks to Neal Dutta of @RenMacLLC for alerting me to the existence of the @joinhomebase data
Their software is used to track employee hours for small businesses, and you can get it broken down by state. Here's the trend of hours worked in Arizona, Texas, and Florida
Their software is used to track employee hours for small businesses, and you can get it broken down by state. Here's the trend of hours worked in Arizona, Texas, and Florida
And definitely read @artdetective and @msasso on the businesses in virus hot spots, starting to see signs of behavioral changes among customers getting anxious about cases https://www.bloomberg.com/news/articles/2020-06-24/in-virus-hotspots-businesses-sweat-return-of-consumer-jitters?sref=vuYGislZ
Anyway! Sign up for the newsletter here. All the news to start your day plus other stuff. http://link.mail.bloombergbusiness.com/join/4wm/markets-signup&hash=b9b2681361bede0e1069ca238efb1ec2
Great map here also depicting the cooling trend. https://twitter.com/RenMacLLC/status/1275809092062318593
The OpenTable data for yesterday is out
More Wall Street economists pointing out that the recovery may be ebbing in states that have reopened. https://www.bloomberg.com/news/articles/2020-06-25/u-s-recovery-looks-to-be-ebbing-in-states-with-virus-outbreaks
