The worst may not yet have arrived for the US auto industry. In fact, there were some signs of recovery in Q3. But when a smaller-than-expected drop in sales is considered a good sign, it’s no surprise the credit quality for the industry is still in poor shape. The UK is experiencing similar issues, and is also dealing with concerns about Brexit. What’s more, a growth in COVID cases continue to weigh on economic recovery in each country.
According to the data, reemergence marches on, slowly and subtly. We’re now in a phase where national changes to foot traffic are small to nonexistent for most categories. We quantify visitation trends by comparing a 7-day average volume of foot traffic to the 7 days prior. This metric removes blips and lets us measure how much foot traffic is increasing or decreasing over the past week.
Why settle for a deal when you can hold out for a steal? That is the attitude of investors hoping to cash in on distressed asset sales in the aftermath of the Covid-19 downturn. The reality, however, is that many of the highest quality assets will not be available on the cheap.
Welcome to the November 2020 National Apartment List Rent Report. With the peak summer renting season behind us, we are now entering the time of year when fewer moves normally take place, causing a seasonal dip in rent prices. And although this year’s peak season was significantly disrupted due to the COVID-19 pandemic, our national index has stabilized back to a more typical trend over the past few months.
It goes without saying that the restaurant industry has been hit hard over the past seven months. Many are unsure what the future holds for in-person dining, or what they should be doing to adapt to the current conditions. To ease some of this uncertainty, we teamed up with location technology platform Foursquare to create a clear, comprehensive picture of the dining landscape.
Amazon Prime Day — one of the biggest online shopping events of the year — has come and gone, moving to October this year from July. This event, originally 24 hours long, has now expanded to a 48 hour savings extravaganza. As last year’s Edison Trends report about Prime Day 2019 sales had shown, the event has consistently led to record-breaking sales, and this year was no different.
Number of Zombie Foreclosures Drops 4 percent From Last Quarter; Percentage of Foreclosure Properties Sitting Empty Stays About the Same; Among All Residential Properties, Zombie Foreclosures Represent Just One of Every 13,100
Latin America has been making headlines of late regarding the rate that the Coronavirus is sinking its claws in some of its countries, more than others. Flights have been grounded. Borders closed. However, the latest data by ForwardKeys captures a glimpse of the silver lining.
With the US Presidential election just two weeks away on November 3rd, Proposition 22 will be on the ballot in California, which will impact labor policies for food delivery and rideshare services alike. Following our last on-demand food delivery report in May, Edison Trends analyzed one million US transactions in report the latest to give a snapshot of both industries ahead of the election.
U.S. consumer spending has been altered by the coronavirus pandemic. Our data reveals that consumers are changing the way they pay for goods and services, with some industries seeing spending shift toward online purchases. Additionally, the pandemic has changed the types of purchases consumers are making, with stimulus recipients increasing their spending on big-ticket items.
India’s mobile network market has seen astounding growth and evolution since the country’s first mobile call in 1995. Local operators’ efforts to improve and expand 4G coverage across the country have provided customers in India with an increasingly fast and modern mobile internet experience. Data from Speedtest IntelligenceTM reveals details on performance across India’s mobile network landscape.
The holiday season is upon us, and it may be among the strangest and most different in a long time. So, we tried to make sense of it, by highlighting a few sectors and brands that we believe will stand out in this unique period. Two key trends are lining up to give wholesale clubs a boost this holiday season.
What could be more exciting than discovering the most visited websites in the world’s top economy? Well, nothing, as the US often sets the global trend when it comes to the top sites by traffic received. Based on data from the SEMrush Traffic Analytics tool, this post reveals the top 100 most visited websites in the US, as well as uncovering the top players across various industries.
With the holidays top of mind, data from TSA shows that there is still a significant difference in the number of travelers passing through TSA checkpoints compared to a year ago. The daily average number of travelers passing through TSA checkpoints in 2019 was 2.4 million while in 2020 it is currently hovering around 570,000 a 76% decrease.
Commercial property deal activity in Europe slumped during the third quarter, rocked by the Covid-19 pandemic’s continued impact on dealmaking, economic growth and market prospects. The latest edition of Europe Capital Trends shows deal volume dropped 43% in the third quarter from a year ago, and was down from the levels seen in the second quarter of this year.
The forgone spring home-buying season appears to have fully shifted into summer months, leading to sales volumes that are picking up speed at a time when they would normally show signs of slowing. Not only was demand in August fueled by buyers planning on purchasing a home in the spring, but also by those motivated by record-low mortgage rates, desire for a larger home or desire for a vacation home as a result of the pandemic.
Visits to National Trust properties are within touching distance of pre-Covid levels as restrictions on indoor entertainment encourage visitors out into the nation’s parks and gardens. The Huq Index measured a sharp drop in attendance to both open and ticketed properties with the onset of lockdown in March
The original Oculus Quest was the top-selling VR headset of Q3 2020, and sales are set to jump with the launch of the Quest 2. The device sold 161K units in Q3, though that number would have been higher if retailers had not run out of stock partway through the quarter as Facebook prepared to launch the Quest 2.
Performance during the July to September quarter is key for the media industry, with the transition from Summer into Fall; and in some markets, it represents the conclusion of a broadcast season and the start of a new one. This year’s third quarter was even more interesting, as the media industry across all Anglo markets attempted to recover from a disastrous second quarter as a result of the Covid-19 lockdown.
After a dismal April and May, when casinos across the country were closed to visitors, Nevada’s casinos have been slowly recovering. But although many casinos on the strip are now open, foot traffic remains depressed - down 45% year over year in October to date. Around the country, the pace of recovery for the sector has varied significantly by state.
