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Are We Back Yet?

Source: https://advanresearch.com/are-we-back-yet

Migration and population trends for September 2021 are in. We are starting to see a slow return back to base, meaning residents returning to urban locations. But it is a slow process and by no means complete yet. Here are a few representative graphs that illustrate the point.

Resident moves from May to September 2021 show a slight increase of residents in the Northeast (New York to Massachusetts), Southeast, Northwest and (less so) in the Southwest coasts.

In particular, New York county (Manhattan) is up 15% in September vs May 2021:

Boston is up almost 23% (reminder that the income shown is individual income, which is 60% lower on average than household income):

San Francisco up almost 3%:

But we still have a long way to go. Comparing recent residents vs February 2020 (just before the pandemic) shows a massive shift towards rural areas that has yet to be reversed:

In that comparison, New York county is down 46% since pre-pandemic:

Boston down 16%:

San Francisco down 32%:

Seattle down 20%:

… and South Dakota up 28% !!!

To learn more about the data behind this article and what Advan has to offer, visit https://advanresearch.com/.

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Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us

GET WEEKLY ALERTS

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LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us