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Dallas Fed Mobility and Engagement Index Gives Insight into COVID-19’s Economic Impact
Abstract: To gain insight into the economic impact of the pandemic, we developed an index of mobility and engagement, based on geolocation data collected from a large sample of mobile devices.
Keywords: COVID-19; Labor; Economic Conditions;
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https://www.dallasfed.org/research/economics/2020/0521
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Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2020-05-21
Note: (Revised June 3, 2020) The Dallas Fed Mobility and Engagement Index (formerly the “Social Distancing Index”) measures the deviation from normal mobility behaviors induced by COVID-19. The updated name recognizes that social distancing, or the limiting of close contact with others outside your household, can be practiced while mobility and engagement improve. Along with revising the index’s name, we also changed the sign of the index to make it more intuitive as a measure of mobility and engagement.