Dallas Fed Mobility and Engagement Index Gives Insight into COVID-19’s Economic Impact

Tyler Atkinson, Jim Dolmas, Christoffer Koch, Evan Koenig, Karel Mertens, Anthony Murphy and Kei-Mu Yi

Dallas Fed Economics from Federal Reserve Bank of Dallas

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 (search for similar items in EconPapers)
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.
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