The FT’s new global economic recovery tracker uses alternative data to get a first glimpse of the rebound. Here’s what we’ve found so far 👇: on.ft.com/2P0ywdq
Millions have lost their jobs, but postings on Indeed.com suggest that a labour recovery has barely started.
In countries such as the US unemployment has been deeper, but the uptick in new postings has been stronger ft.com/content/272354…
Household spending makes up the largest part of most countries’ economies. Google Mobility data, which tracks footfall, shows that people have returned to spending venues, meaning consumers are regaining confidence — in some countries ft.com/content/272354…
Consumers around the world are slowly returning to cinemas which, like a large part of the entertainment sector and other indoor venues, have been hard hit ft.com/content/272354…
The pandemic has disrupted factories, supply chains and demand for goods. Pollution, a measure largely associated with industrial emissions, has dropped during the lockdowns, but it is beginning to rise again as economies reopen ft.com/content/272354…
Tourism was one of the sectors worst hit by travel bans: global arrivals are set to shrink by between 58% and 78% this year. Flights and hotel occupancy are still down, but some countries are starting to recover, especially in the Mediterranean
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The world’s second-largest economy was the first to be severely disrupted by coronavirus — and was the first to begin to recover. The FT’s own index shows China’s economy has fallen back after showing steady improvement since February’s low ft.com/content/272354…
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