106584791 1592579743808 06192020 str.pngv1592592917 - Listed below are 5 charts monitoring the U.S. financial system amid the coronavirus

Listed below are 5 charts monitoring the U.S. financial system amid the coronavirus

Brendan McDermid | Reuters

Course requests

Requests for transit instructions on Apple Maps are nonetheless nowhere close to pre-pandemic ranges, in response to information from the navigation app. Nonetheless, driving and strolling path requests have surged from their low factors through the early levels of the outbreak. Vacationers could also be extra inclined to driving and strolling moderately than utilizing public transportation as coronavirus circumstances proceed to extend.

Restaurant bookings

Lodge occupancy 

Forward of the Fourth of July weekend, the U.S. lodge occupancy price has continued to creep upward and is now at 46%, in response to information from international hospitality analysis firm STR. Norfolk/Virginia Seashore, Va., was the one journey market to surpass a 60% occupancy degree. Locations like Boston, Orlando, Florida and Oahu Island, Hawaii, noticed among the lowest occupancy charges this week amongst STR’s high 25 journey markets.

Air journey 

Residence purchases 

Mortgage purposes for purchasing a single-family residence are 15% increased than the identical week final 12 months, in response to information from the Mortgage Bankers Affiliation. Nonetheless, they did decline barely from final week regardless of mortgage charges hitting a file low. “Buyers are considering the dangers of the current resurgence of COVID-19 circumstances to the labor market and financial system,’ stated Joel Kan, MBA’s associative vice chairman of financial and business forecasting, in an announcement.

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