Credit Benchmark have released the end-month Industry Monitor for November, based on the final and complete set of the contributed credit risk estimates from 40+ global financial institutions.
Worker and traveller presence across UK ports fell 40pts during the first national lockdown before recovering to 90% of January levels, where it has held fast over the course of the last seven months. As the Brexit transition period draws to a close, and amid reports of bottlenecks across the country’s ports of entry, the Huq Index offers a high-frequency measure of activity at these locations.
ECommerce was already on the rise before 2020, but the boom has accelerated given consumer hesitance around shopping in brick and mortar locations during the pandemic. This year, home electronics has been the most popular category for eCommerce spending among Americans, so let’s take a closer look at how electronics giant Apple has been promoting its newest products—the iPhone 12 Mini and Max, iPad, Apple Watch and MacBook Air.
Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in alternative accommodations.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending December 5, 2020. For this week, total U.S. weekly rail traffic was 542,203 carloads and intermodal units, up 4.8 percent compared with the same week last year.
On December 5th - 6th, Netflix gave all of India a free trial called it “StreamFest.” The company ended up extending the offer another two days but we can already tell people have definitely taken advantage! StreamFest enabled the Netflix mobile app to hit its lifetime high in terms of daily global and Indian downloads with 1.3M and 800k, respectively.
After months of travel restrictions and lockdown, there is some hope on the horizon for hotel chains such Hilton. Foot traffic is a very accurate measure of performance for hotels, as well as for cash-heavy businesses such as casinos.
In September 2020, 6.3% of home mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), a small decrease from August 2020, but a 2.5-percentage point increase from September 2019, according to the latest CoreLogic Loan Performance Insights Report.
At a time when health and disease are at the forefront of news reports and have taken over most people’s daily lives, it is almost counterintuitive the extent to which there are reports of people letting their health suffer because they are afraid to see an in-person doctor. Enter the telehealth sector, already experiencing strong growth pre-pandemic, with COVID-19 allowing it to maintain that strength.
In this Placer Bytes, we dive into two retail giants from vastly different sectors, wholesale club king Costco and athleisure leader Lululemon. Costco’s rebound should come as no surprise. Whether it be mission-driven shopping, economic uncertainty driving consumers to value, or the ability to stock-up ahead of potential closures, there are few trends that don’t align for the wholesale club giant.
According to data from Foursquare, a location technology platform, Americans are visiting hardware stores in record numbers. In fact, out of 11 essential businesses for which Foursquare monitors foot traffic data, hardware stores topped the chart. Liquor stores are a distant second while clothing stores are in last place. The data is indexed to February activity levels and normalized to account for age, gender and geographical bias.
Food delivery giant DoorDash plans to list on the NYSE under the ticker ‘DASH’ on December 8, 2020. The company is hoping to raise up to $3.14B from the event, up from $2.8B previously. That would give it a value of $35B on a fully diluted basis
In a recent blog post, we covered how the summer months provided U.S. hotels with an increase in leisure travelers, a welcome change that lifted the industry from the pandemic performance lows of the spring. Naturally, we expected that leisure travel to dry up and overall hotel performance to retreat due to the return to school and a persistent lack of corporate and business travel.
HBO Max is now the fastest growing major streaming video service in the United States. Since its launch week in May, it has grown daily active users 242%. Three days after Max’s debut, the app hit a lifetime high for daily downloads with 225k.
After years of steady price increases, 2020 brought the nation’s rental market to a halt. Typically rents rise during the busy summer season, but this year apartments across the country are on average renting for about two percent less than they were pre-pandemic.
Black Friday is historically the most popular holiday shopping day in the United States. As Thanksgiving ends and retailers offer special discounts, millions of shoppers flock to stores to get a jumpstart shopping for gifts.
COVID’s immediate impact on driving habits was unmistakable. Motorists abandoned the roads, and passenger vehicles sat idle in garages and driveways. Long-held assumptions about driving habits no longer applied.
COVID has led to waves of downgrades across many sectors, with an unprecedented number of Fallen Angels. While there have also been some clear COVID winners, Rising Stars have so far been in a minority. But with vaccines now being rolled out, an end to the economic crisis could be in sight even for some of the hardest-hit sectors.
In this Placer Bytes, we dive into Simon’s new return policy, GameStop’s turnaround potential, Walmart’s signs ahead of the holidays, and Ollie’s strong position. Simon recently announced a new return concept that could help provide even more reasons to visit their centers.
This year, we’re bringing in the end of the year with a series: 12 Days ‘til New Years. We’ll continue our tradition of highlighting the most notable brands and spending across ad tech platforms, consumer media, and B2B industries. With winter holidays on the horizon, there’s one event that everyone’s looking forward to: New Years Day and the end of 2020.
