Latest Posts - Page 8 - Georgia COVID-19

Airline Industry-September 8th

Updated on September 18, 2020 by Connor Wood

A new milestone has been hit this week for passenger throughput this week. The Friday of Labor Day weekend saw the first time TSA traffic had exceed 950,000 passengers since March. 968,673 travelers flew Friday, with a similarly large number on return flights on Monday at 935,308. The daily average for last week was 749,891, also a record. Labor Day is the last major travel holiday until Thanksgiving, and as the summer comes to a close, expect the daily average to decrease.

Unemployment 8/31-9/4

Updated on September 10, 2020 by Alexandra Batko

Total preliminary initial unemployment claims were down 2% from the previous week. The industry with the largest upticks in new claims was Arts, Entertainment, and Recreation, seeing a 29% increase in new claims, while the Real Estate and Rental and Leasing industry saw a 50% decrease in new weekly initial claims since last week.

Public Company Equities Week of August 31 – September 4

Updated on September 9, 2020 by Alexandra Batko

For the week of August 31 – September 4, the Georgia public firms index dropped 1.7% this week in price. The index is down -1.9% YTD.

Municipal Bonds Week of August 31 – September 4

Updated on September 10, 2020 by Alexandra Batko

For the week of August 31 – September 4, the index comprising 30 bonds was up 2.1% Year-to-Date, staying stagnant since last week with no change YTD.

Restaurant Industry-August 31st

Updated on September 15, 2020 by Connor Wood

Restaurant reservations climbed by 2% this week nationally, with a .4% increase for the state of Georgia. Georgia seems to be rapidly approaching pre-coronavirus levels, one day only being 3/4ths of what it was the year before. Overall, reservations on the national and Georgia level are down approximately 47% of what they were last year.

Airline Industry-August 31st

Updated on September 15, 2020 by Connor Wood

What is difficult about gathering data for this year is discerning between seasonal traveler declines and pandemic related declines. While the daily average of traveler throughput dropped by 40,000 this week or 5.7%, this data would be misleading. 2019 daily average checkpoint numbers for the comparable week dropped by slightly more, at a 6.7% decrease. This means that though there are currently no signs of airline traffic increasing past 30% of last year at this time, it also isn’t being negatively affected anymore than it already has been.

Construction Industry – August 27th

Updated on September 15, 2020 by Mingshu Li

The employment in construction industry saw a 6% drop in April which reflects the substantial job loss among construction industry as a result of the pandemic. The full force of the pandemic also hit hard on Georgia building permits in April compared to 2019. Construction jobs and building permits started to increase from April lows as construction resumed gradually in some areas from May.

Unemployment 8/24-8/28

Updated on September 10, 2020 by Alexandra Batko

Total preliminary initial unemployment claims were down 11% from the previous week. The industries with the largest upticks in new claims was Real Estate and Rental and Leasing seeing a 122% increase in new claims, while the Retail Trade industry saw a 28% decrease in new weekly initial claims since last week.

Public Company Equities Week of August 24-28

Updated on September 1, 2020 by Alexandra Batko

For the week of August 24-28, the Georgia public firms index increased 1.5% this week in price. The index is down +1.9% YTD, an increase of 190 points.

Municipal Bonds Week of August 24-28

Updated on September 1, 2020 by Alexandra Batko

For the week of August 24-28, the index comprising 30 bonds was up 2.1% Year-to-Date, a decrease of 0.2 percentage points since last week.

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