I wish I had better news, but OC Covid data is all bad. Compared to last week, the 7-day averages of:
Given that Hospitalizations and ICU patients lag new cases,we should have a big spike this week.
As noted many times by the media (and me) COVID-19 cases are on the rise in the US. The question is: Does it matter?
Here’s restaurant traffic for the most impacted states – FL, CA, NC, SC, TX, and AZ. Note TX only cut capacity a day or two ago. Blue is day value and Orange is 7-day average. (Note this is from opentable and only for restaurants that HAVE reopened.)
Two things you can see. First, is Father’s Day was a great day for restaurants (and maybe a bad thing for the virus spread).
But more importantly, you can see the recovery has paused and perhaps started to reverse.
It doesn’t matter if we officially shutdown again or not. People will modify their behavior with case data getting worse.