Yelp reports that the biggest interest in May is similar to that of more Covid outbreaks and closures in June and July.
Consumer vs. Consumer Epidemics
Business closures vary by country.
Total closures
Maximum populous states have closures.
Total closures per 1000
On a metro level, Las Vegas, NV, is suffering from the highest rate of permanently closed businesses with 861 businesses permanently closed, as the city reacts to a decrease in tourism. Meanwhile, Los Angeles, CA, has the most closures with 11,342 total temporary and permanent business closures.
Restaurant fight
Yelp has additional graphics.
Curious minds may wish to investigate.
Six similar items
Conclusion
Permanent closures will continue to increase. Apple Mabig small businesses are always in a safe position, it won’t be reopening reversal.
Do not confuse the stock market position with the economy.
This is a deflationary event.
For more information, see Unprecedented Recession Synchronization and What It Means.
This curtain is based on data that Sitka Pacific Capital Management considers reliable and strives to stick with it to date, Sitka Pacific Capital Management does not undertake that this curtain is accurate, updated or complete, and cannot be trusted as such.
The AUD/USD is in an upward consolidation phase below 0.71 five, while the bulls are cautious in a China-China standoff. The Australian government has forecast 2020-21 with an unemployment rate of 8.7five% and the moderate deficit of A$184.five billion.
Gold fell to $1,867 from the peak of the $1,877 session. The time chart now monitors a bearish divergence in the RSI. A trend is observed on the 4-hour chart. In addition, the 14-day RSI reports excess conditions with an impression of more than 70.
The USD/JPY pair switches to a non-solid diversity between 107.13 and 107.20 after its U-turn of 107.28. New headlines about China-USA. tension causes a reset of risks, and uncertainty about the fiscal plan adds to concerns.
WTI is fading according to after emerging to $four2.0four. The strength benchmark increased to $four2.0 four before returning to $four1.82. Lacheck’s weakness in black gold could well be attributed to its $four1.98 decline.
Uncertainty about what will take up the economy after the expiration of the additional $60 of unemployment benefit compatibility has led investors to leave the dollar. The traded green banknote is minimized against all primary currencies unless the Japanese yen.
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