ACRO Global Tourism Marketer

FREE Download: “The Definitive Guide to Choosing the Best Google Search Agency for Your Business”
FREE Guide: Grow Your Business with Google
My New FREE 2023 Guide explains in plain English how Google Ads and SEO work, why you need to work with a professional agency, and how to find the best Google Search agency. Don't fall for PPC and SEO scams. Find the best agency for your business, and start making more money!
Get your FREE Guide!

ME, NH, VT, RI in US top 15 states on 'returning to normal' from COVID-19
By
28 August 2020 (Edited )

Share This Article

David|28 August 2020

CNN Business and Moody's Analytics have created a "Back to Normal Index" and used it to rank the US states on progress to date in returning to "normal" after the COVID-19 pandemic.

The index combines 37 indicators measuring:

  • Retail sales
  • Industrial production
  • Durable goods orders
  • Housing starts
  • Home listings for sale
  • Restaurant bookings
  • Hours worked at small businesses
  • Mortgage applications
  • Rail traffic
  • Google cellphone data

The index is intended to provide "a comprehensive understanding of how businesses and consumers are responding to the pandemic."

Analysts observe:

  • States that locked down hard early are now enjoying lower infection rates and stronger economies.
  • Economies of states that were quicker to end shelter-in-place rules and reopen businesses have suffered.
  • Tourism-dependent Hawaii at #50 lags all other states on returning to normal.
  • Less urbanized economies are doing best: South Dakota with an index of 93/100 is #1.

In New England, Maine, Vermont, New Hampshire and Rhode Island are ranked in the Top 15, Massachusetts - which because of 17%+ unemployment in service jobs had in 2Q2020 its worst economic quarter in history, down almost 44% - in the bottom 15, and Connecticut among the 20 "similar to average" states.

However, I can't help wondering: being perhaps less tourism-dependent than Hawaii, but still very tourism-dependent, why are Maine, New Hampshire and Vermont in the top 15? Economies are certainly less urbanized, but many of those rural businesses depend on tourism. Do we have more public-sector jobs than other states or ??


David Boggs President/CEO ACRO Global|Publisher Tourism Marketer
David H. Boggs
President/CEO
ACRO Global
Publisher
TourismMarketer

View David Boggs's profile on LinkedIn

Google Certifications - David H Boggs
Subscribe to my blog


Rating
4/5 based on 1 vote.
Show Individual Votes
Views 82 views. Averaging 82 views per day.
Related Articles
External Article:
Post Reply


Quick Reply
Your Name:
Your Comment:


You may use BB Codes in your message.
Spam Prevention:

Previous Article | Next Article