Georgia Tech COVID-19 Economic Research

The COVID-19 pandemic and subsequent economic shutdown  have wreaked havoc on global economies. We, a group of Georgia Tech students, supported by faculty, have created this web site to document the far-ranging effects of the virus on the health and well being of the statewide economy and its residents. What follows are descriptions of the effect of the pandemic on multiple sectors of the Georgia economy including employment, healthcare, sales tax, transportation, air travel, hotels, public companies, municipal bonds and real estate. We plan to update this data regularly, daily in some cases, to provide state residents and other interested parties with the knowledge to facilitate understanding and decision making in the current and post-Covid environment. Our project is under the guidance of the Financial Services Innovation Lab at Georgia Tech and sponsored by the Speedwell Foundation.

COVID Conversations Podcast

A series of interviews with topical experts on how COVID-19 is changing the Georgia economy. 

Age and Existing Conditions of Fatalities
Discussion of the graphics relating age and existence of comorbidities to deaths due to coronavirus.

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Age and Existing Conditions of Fatalities
Discussion of the graphics relating age and existence of comorbidities to deaths due to coronavirus.

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Unemployment 7/27-7/31
Total preliminary initial unemployment claims were down 14% from the previous week, however the Retail Trade and Transportation & Warehousing industries saw substantial increases in new claims this week.

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Georgia Sales Tax: June
June Sales Tax Overview Georgia’s June sales tax revenue has declined -4.84% compared to 2019. The hardest-hit industries are accommodation (-62.71%), miscellaneous services (-20.67%), and utilities (-16.06%). 4 Georgia industries posted positive sales tax growth in June: Other Retail (+18.71%), auto (+9.23%), other services (+4.69%), and general merchandise (+1.64%). The table below shows how the […]

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Municipal Bonds Week of August 3-7
For the week of August 3-7, the index comprising 30 bonds was up 3.2% Year-to-Date, an increase of 0.5% since last week.

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Destination Mobility
Mobility in Georgia dropped dramatically in early March when public safety precautions were first put into place. Between April 7th and June 5th, general mobility grew steadily, and, since June 19th, it has held steady at around 80% of typical mobility values. Fulton County has seen a rapid increase in the mobility beginning on July 6th that has continued in the last few weeks.

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Transit in the Atlanta Region
MARTA provides service to 1.7 million residents in Metro Atlanta through buses, vans, and rail, providing essential mobility to many kinds of travelers. See how MARTA continues to provide service through bus and rail modes during the COVID-19 pandemic.

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Airline Industry August 10th
TSA checkpoint After more than a month of stagnation with passenger numbers, TSA checkpoint traffic has finally passed another milestone–more than 800k passengers traveled Sunday August 9th. While daily traffic numbers haven’t been this high since March, it is still only 31% of what passenger throughput was a year ago. Average daily throughput increased by […]

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Restaurant Industry August 10th
Restaurant Reservations Reservations numbers continued to climb this week, with a 3.4% weekly average increase for both the US and Georgia. The US numbers climbed from -59.3% to -55.8% and GA numbers climbed from -54.2% to -50.8% Despite rising coronavirus cases in the US, people are still going out to fine dining establishments.  Casual Dining, […]

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Hotel Industry: 7/12-7/18
Hotel Industry: 7/12-7/18 Hotel Weekly Update Nationally, hotel occupancy was down 38.9% compared to 2019 this week. Atlanta was 3rd out of the 25 biggest lodging markets in the US for the least occupancy rate declines (-34.8%), up from last week’s ranking of 5th out of 25. Hotel marketing campaigns are leaning into nostalgia, invoking […]

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Public Company Equities Week of August 3-7
For the week of August 3-7, the Georgia public firms index rose 1.6% this week in price. The index is down -3.0% YTD.

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Tracking Atlanta Multi Family Real Estate
Daily Updates The Atlanta multi family sector has seen a softening of trends due to the COVID pandemic. The charts below highlight a few key performance indicators of the multi family real estate in Atlanta. The rent prices decreased and the vacancy rate has increased similarly to the national index. Compared to a year ago, […]

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Small Business Administration-July 27th
Weekly Recap In the July 17th edition of the Paycheck Protection Program report, the Small Business Administration released updated loan approval data. The cumulative amount of loans outstanding in GA increased by 2,121—from 158,328 to 160,449 active loans. The cumulative dollar amount of loans in GA increased by $31,280,680—from $14.332 Billion to $14.363 Billion. While […]

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Atlanta Regional Commission's Operations Resources for COVID-19

Includes the COVID-19 Weekly Report with the latest data about the state of the novel corona virus in the Atlanta area.

Visit the ARC Website

Photo of an undetermined Georgia Tech home game during the 1918 college football season. That's when the sport was hit by the Spanish flu and the end of World War I.

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