Trends that were already in motion over recent years accelerated in 2020. Delivery is at an all-time high. From restaurants to grocery stores, people are ordering things to be brought to their door. But that delivery has expanded beyond food. And the reasons driving this change are not limited to safety. Delivery may be less risky than eating in a restaurant, but it’s also more convenient. People are discovering the benefits…
Continue ReadingWe started publishing these Mileage Trend Flash Reports back in May so that we could keep a pulse on how business mileage was recovering from the impacts of COVID. Looking back on the past month, we’re seeing that the colder weather and additional COVID restrictions have caused a decrease in week over week business mileage….
Continue ReadingWe’re well into the fall season and seven months into the pandemic, but still continue to see business activity disrupted in the U.S. given the uncertainties surrounding COVID-19. The severity of the disruption varies by region and industry. Many leaders are monitoring multiple leading indicators of business activity as they make key decisions surrounding how…
Continue ReadingAfter nearly seven months of uncertainty surrounding the U.S. economic recovery, one thing is for certain: reaching pre-COVID levels of business will take a considerable amount of time. And when it does happen, it will occur at varying rates across the country. While the unemployment rate decreased for the fourth consecutive month, the number of…
Continue ReadingJuly 2020 provided a blast of good news when the U.S. economy added 1.8 million jobs last month, driven by hiring in the hardest-hit sectors, including hospitality, restaurants and retail. While the number of long-term unemployed barely changed over July, the number of people who were jobless less than five weeks increased by 11%. Our…
Continue ReadingOur latest bi-weekly Mileage Trends Flash Report continues to reveal variations in business activity across the U.S. as Americans work forward through the COVID-19 pandemic. As mentioned in our July 16th report, the many states that have paused or rolled back reopening plans have had a serious impact on business mileage activity. As a result,…
Continue ReadingWe continue to follow business mileage trends closely in our latest bi-weekly Mileage Trends Flash Report. This week looks back to the July 4th holiday. Over the past two weeks, business activity has continued to fluctuate, as is consistent with various states reopening and closing in response to the increasing numbers of COVID-19 cases in…
Continue ReadingBusiness mileage continues to show its merit as an early indicator of economic growth. And according to our latest bi-weekly Mileage Trends Flash Report, business activity continues to trend upwards as different parts of the U.S. reopen. Even with the Memorial Day holiday interrupting the usual work week, business driving activity has increased 51% since…
Continue ReadingA month ago we released our first Mileage Trends Flash Report, which provides insight into the current state of national business mobility, and highlights how business mileage is evolving across locations and industry sectors as different parts of the U.S. reopen. Last week, our second Mileage Trends Flash Report found that business driving activity has…
Continue ReadingWith August over and September just starting, we are in the middle of hurricane season. Some seasons have worse impacts than others. Hurricane Harvey and Hurricane Katrina’s $125 billion paths of destruction won’t be easily forgotten, while Hurricane Isaac’s $3 billion in damages aren’t top of mind. Tropical Storm Gordon has already made landfall and…
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