The slow reopen: Retail visits edge up, broader economic measures still unmoved

Posted on AllSides May 21st, 2020
From The Center

The U.S. continued its cautious reemergence from a coronavirus-linked shutdown over the past week, with measures of retail foot traffic slowly increasing but broader indexes of economic activity still stalled.

Data from cellphone location firms Unacast and SafeGraph through last weekend both showed a continued slow rise in visits to retail stores. Data on around 55,000 small businesses from time management firm Homebase showed a few more firms open and more workers on the job.

The latest numbers are in line with both the gradual lifting of coronavirus-related restrictions across...

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https://www.reuters.com/article/us-usa-economy-reopen/the-slow-reopen-retail-visits-edge-up-broader-economic-measures-still-unmoved-idUSKBN22X1QP

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