We’ve now passed the one-year anniversary of nation-wide shutdowns due to COVID-19. With that, this week also marks the anniversary of the week of April 5, 2020 – the lowest level of business mileage over the last 12 months.
As we look back at last year, it’s amazing to see the changes that occurred since we released our first Mileage Trends Flash Report in May of 2020. Today, we’re excited to share our latest – and final – flash trend report, which found that field activity is currently 75% higher than it was the week of April 5, 2020.
Field activity can serve as a strong indicator of economic health. We’re now trending in the right direction, with the average business mileage during WorkForward rising to 70% of pre-pandemic levels.
To the many business leaders who followed these regular reports to monitor field activity, we hope they have been helpful in decision-making over the past year, and that this final report serves as an indicator of where we’re headed – onward and upward.
Here’s a closer look at other notable findings from the report:
Signs of pent-up demand are showing up on the leading edges of reopening states. As vaccinations increase among the population, we should expect to see a rapid recovery in business mileage across a broader range of economic sectors.
Business leaders can stay abreast of these trends and analyze their indicators to determine the best course of action. This may be our final flash trend report, but companies they can still rely on Motus as a resource for updates on activity trends in their areas and industries as they WorkForward.
Again, thank you to everyone who followed the Mileage Trends Flash Reports. For those who would like further guidance about what this data means for you, we’re here to help. Please don’t hesitate to reach out!