Five high-frequency indicators of the economy

These indicators are mainly for travel and entertainment. It is interesting to watch these sectors recover as the pandemic subsides. Notes: I added back the supplied gasoline to see if there is an impact of higher gasoline prices. Apple has ended “Apple mobility” and restaurant attendance has largely returned to normal.

—– Airlines: Transportation Security Authority —–

TSA provides daily trips.

This is the data for June 26th.

TSA Traveler Data Click on the graph to enlarge the image.

This data shows the 7-day average TSA throughput for 2019 (cyan), 2020 (black), 2021 (blue), and 2022 (red).

dotted line – percent from 2019. an average of seven days.

The 7-day average was down 10.8% from the same day in 2019 (89.2% in 2019). (Dotted line)

Air travel — as a percentage of 2019 — has been moving sideways over the past few months, up about 10% from 2019.

—– Movie Tickets: Box Office Mojo —–

Move checkoutThis data shows the domestic box office for each week and the median for the period from 2016 to 2019 (light blue dotted line).

Black is 2020, blue is 2021, red is 2022.

Data taken from BoxOfficeMojo as of June 23rd.

Please note that the data is usually noisy on a weekly basis and depends on when blockbusters come out.

Movie ticket sales last week were $241 million, down about 6% from the weekly average.

—– Hotel capacity: STR —–

Hotel occupancyThis graph shows the seasonal dynamics of hotel occupancy using an average of four weeks.

The red line is 2022, the black line is 2020, the blue line is the median, the light blue dotted line is 2021. The purple dotted line is 2019 (STR compares to a successful year for hotels).

This data is up to June 18th. The occupancy rate decreased by 4.8% compared to the same week in 2019.

The 4-week occupancy average is slightly higher than the previous 20-year average (blue).

Notes: The y-axis does not start at zero to better show seasonal changes.

—– Gasoline Supply: Energy Information Administration —–

Gasoline consumption

NOTE. This is last week’s data due to systemic issues at the EIA.

This chart, based on weekly US Energy Information Administration (EIA) data, shows gasoline shipments compared to same week 2019.

Blue – 2020. Purple is 2021 and red is 2022.

As of June 10, gasoline supplies were down 7.9% from the same week in 2019.

Recently, gasoline supplies have been slightly below the level of 2019.

—– New York City Subway Use —–

Here is some interesting information about Using the New York City Subway (HT BR).

Using the New York City SubwayThis chart from Todd W. Schneider.

This graph shows how much MTA traffic has recovered in each area (chart starts in the first week of January 2020 and 100 = 2019 average).

Manhattan is about 36% of normal.

This data is for Friday, June 24th.

He notes: “The data is updated weekly from the MTA. public turnstile datausually on Saturday mornings.