Tracking America's recovery

From your job to your home to your groceries, Covid-19 has disrupted nearly every aspect of life. This dashboard shows how the economy continues to change as we grapple with life during the pandemic.

Check back regularly to see how America is recovering and adapting to a new normal.

  • Coca-Cola is planning to cut 2,200 jobs, including 1,200 in the United States, as it faces declining sales during the pandemic.

  • Mortgage rates fell to another record low last week, for the 15th time this year. The average interest rate on a 30-year fixed-rate mortgage dropped to 2.67%, according to Freddie Mac.

  • More children will fall behind in their schooling because of the pandemic. Justin van Fleet, executive director of the Global Business Coalition for Education, has five tips on how businesses can help.

FRIDAY, DECEMBER 18

What you need to know

From your job to your home to your groceries, Covid-19 has disrupted nearly every aspect of life. This dashboard shows how the economy continues to change as we grapple with life during the pandemic.

Check back regularly to see how America is recovering and adapting to a new normal.

  • Coca-Cola is planning to cut 2,200 jobs, including 1,200 in the United States, as it faces declining sales during the pandemic.

  • Mortgage rates fell to another record low last week, for the 15th time this year. The average interest rate on a 30-year fixed-rate mortgage dropped to 2.67%, according to Freddie Mac.

  • More children will fall behind in their schooling because of the pandemic. Justin van Fleet, executive director of the Global Business Coalition for Education, has five tips on how businesses can help.

The Back-to-Normal Index

The pandemic economy is far from normal. So Moody’s Analytics and CNN Business have partnered to create a proprietary Back-to-Normal Index, comprised of 37 national and seven state-level indicators. The index ranges from zero, representing no economic activity, to 100%, representing the economy returning to its pre-pandemic level in March.
United States

82%

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The economy in the United States is operating at 82% of where it was in early March.

New coronavirus
cases in the last 7 days1,149,922
25% higher than the prior week, updated daily
Number of states with improved Index since last week48
United States
Back-to-Normal state rankings list
as of December 16, 2020
1Florida92.9%
2Mississippi92.7%
3South Dakota92.5%
4Idaho91.9%
5Alabama91.5%
6Utah90.5%
7Georgia90.0%
8West Virginia89.9%
9Maine89.6%
10Nebraska89.4%
11Louisiana88.7%
12Arkansas88.5%
13Tennessee88.5%
14South Carolina88.2%
15Montana87.7%
16Missouri87.5%
17Iowa87.0%
18New Hampshire86.7%
19Texas86.5%
20Arizona85.8%
21Nevada85.7%
22Ohio85.5%
23Indiana85.3%
24Kentucky84.8%
25Oklahoma84.8%
26North Carolina84.3%
27Kansas83.6%
28Wyoming83.4%
29Virginia83.2%
30Connecticut83.0%
31Wisconsin82.6%
32Rhode Island82.0%
33Washington81.4%
34Vermont81.3%
35Delaware79.4%
36New Jersey79.1%
37Maryland79.0%
38Alaska78.8%
39Hawaii78.7%
40North Dakota78.7%
41Michigan77.1%
42Pennsylvania76.0%
43New York75.0%
44Massachusetts74.9%
45Colorado74.7%
46California74.3%
47Oregon72.9%
48Minnesota72.2%
49New Mexico71.3%
50Illinois71.1%

Learn how we created the Back-to-Normal Index

Source: Moody's Analytics, JHU CSSE COVID-19 Data Data as of December 18, 2020

The job market is still weak

Meanwhile, the housing market is on fire

And stocks are near all-time highs

Americans are saving more and spending less

The shift to online shopping has accelerated

Restaurants and movie theaters are still hurting

And travel has slowed to a crawl