Daily
This dataset tracks daily over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
2/1/1947 - 9/30/2022
Summary
The 'Daily' economic trend tracks the number of new COVID-19 cases reported in the United States each day. This metric is closely monitored by policymakers and economists to assess the pandemic's ongoing impact on the economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Daily' trend provides a timely, granular view of the COVID-19 outbreak in the U.S. by reporting the number of newly confirmed cases on a daily basis. This data is used to understand the trajectory of the pandemic and inform policy decisions that can affect economic activity.
Methodology
The data is collected by the U.S. Centers for Disease Control and Prevention (CDC) from state and local health departments.
Historical Context
Policymakers and analysts use the 'Daily' trend to evaluate the effectiveness of public health measures and project the potential economic consequences of COVID-19 outbreaks.
Key Facts
- The 'Daily' trend reached a peak of over 300,000 new cases per day in January 2022.
- COVID-19 case rates have a direct influence on consumer spending, business operations, and labor force participation.
- Rapid changes in the 'Daily' trend can trigger shifts in economic policy and government response measures.
FAQs
Q: What does this economic trend measure?
A: The 'Daily' trend tracks the number of newly reported COVID-19 cases in the United States on a day-to-day basis.
Q: Why is this trend relevant for users or analysts?
A: The 'Daily' trend provides real-time insight into the trajectory of the pandemic, which is crucial for understanding its ongoing economic impacts and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Centers for Disease Control and Prevention (CDC) from state and local health departments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the 'Daily' trend to evaluate the effectiveness of public health measures and project the potential economic consequences of COVID-19 outbreaks.
Q: Are there update delays or limitations?
A: The 'Daily' trend data is updated regularly by the CDC, but there may be some reporting delays from state and local sources.
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Citation
U.S. Federal Reserve, Daily (USARECD), retrieved from FRED.