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.

Tuesday, January 26

  • The pandemic has been particularly hard on movie theaters but AMC Theaters, the industry's largest company, announced Monday that it raised $917 million of new equity and debt capital since mid-December, enough to "make it through this dark coronavirus-impacted winter."

  • US stocks have done well throughout most of the pandemic, reaching record highs, and prompting investors to ask Wall Street banks if markets are now a bubble. The banks aren't ready to say that yet, though.

  • Home prices have also hit record highs on the strongest home sales in 14 years. Tuesday brings two new readings on home prices from S&P CoreLogic Case-Shiller and FHFA.

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 days1,448,721
17% lower than the prior week, updated daily
Number of states with improved Index since last week30
United States

United States

Back-to-Normal state rankings list
as of January 20, 2021
1Florida92.2%
2South Dakota92.1%
3Mississippi90.9%
4Nebraska90.0%
5West Virginia90.0%
6Idaho89.5%
7Georgia89.0%
8Alabama88.6%
9Iowa88.6%
10Arkansas88.3%
11Montana88.2%
12Utah87.1%
13Texas86.8%
14Wyoming86.5%
15Oklahoma86.3%
16Tennessee86.1%
17Indiana86.0%
18Missouri85.7%
19Maine85.5%
20Alaska85.4%
21Kentucky85.4%
22Louisiana85.4%
23South Carolina84.7%
24Nevada84.2%
25North Dakota84.2%
26Ohio84.1%
27Arizona83.9%
28Wisconsin83.9%
29Virginia83.5%
30North Carolina82.7%
31Rhode Island82.3%
32New Hampshire82.2%
33Connecticut81.3%
34New Jersey80.9%
35Washington80.9%
36Vermont80.5%
37Kansas80.1%
38Minnesota79.2%
39Delaware78.3%
40Colorado77.8%
41Pennsylvania77.3%
42New Mexico76.8%
43Hawaii76.7%
44Michigan76.7%
45California76.1%
46Maryland75.3%
47Massachusetts74.2%
48New York73.0%
49Oregon72.6%
50Illinois72.3%

Learn how we created the Back-to-Normal Index

Source: Moody's AnalyticsJHU CSSE COVID-19 Data Data as of January 22, 2021

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

Movie theaters are still hurting

And travel has slowed to a crawl