Recent news reports have highlighted an increase in foot traffic for Costco as the spread of the coronavirus spurs people to stock up on essentials. Some analysis has put the number of visitors to Costco stores in the US up 72% year-over-year.
Advan ran a detailed analysis of true foot traffic at Costco. The graph below shows average daily traffic for each month since October 2015, with year-over-year changes overlaid.
Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.
Has travel been affected by the coronavirus, and if so by how much and where? The overall volume of passengers traveling by air affects many of disparate industries - not just airlines but travel sites and aggregators that sell tickets, hotels and car rental companies that rely on airports for a large volume of their business, credit card companies, restaurants and retailers. The list can go on. To try and gauge the impact that a reduction in travel due to the coronavirus might be having on these sectors and more, Advan analyzed foot traffic in key US and international...
(27 March 2020) The force that is 'global social exclusion' is becoming a fatal event for some businesses that rely on in-person labor force and customers, while for others it is a chance for rapid growth and development of new services lines. As the coronavirus infections curve worldwide has shifted over recent weeks to become still steeper, entire companies have begun switching to remote work operations. Many industries, such as air travel, tourism, and retail are undergoing rapid business model adjustments to soften the impact of the COVID-19 pandemic. Below we share another...
Prosper Insights & Analytics has 18 years of experience producing market leading monthly survey-based research of consumers' overall confidence. In its most recent survey, Prosper asked consumers about their concerns with regard to the coronavirus pandemic and the related cancellation of major events. You can explore Prosper's latest findings in depth below, but we'll give the spoiler: 82% of US consumers expressed one form of concern or another and believe that they will somehow experience direct consequences of the pandemic. Moreover, for the first time in six months there is...
(20 May 2020) In recent weeks, drivers have returned to the roads across the United States as states have increasingly relaxed social distancing guidelines. As of the week starting May 11, driving activity measured as the number of miles per commuter topped the pre COVID-19 peak (different for each state) for two US states, and in 14 US states driving activity increased to 80% or more of the pre-COVID driving levels, according to Nexar. It's some of the hardest hit US states, including New York, New Mexico and Nebraska, where driving activity continues to stay relatively...
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