Mobility and Sales Activity During the Corona Crisis: Daily Indicators for Switzerland

Florian Eckert and Heiner Mikosch

No 20-485, KOF Working papers from KOF Swiss Economic Institute, ETH Zurich

Abstract: This paper documents daily compound indicators on physical mobility and sales activity in Switzerland during the Corona crisis. We report several insights from these indicators: The Swiss population substantially reduced its activities already before the shops closed and before the authorities introduced containment policies in mid-March 2020. Activity started to gradually recover from the beginning of April onwards, again substantially before the rst phase of the shutdown easing started at the end of April. Low physical mobility during the second half of March and during April likely contributed to the quick fall in new COVID-19 infections since mid-March. The sharp drop in economic activity in consumer-related services during March and April and the gradual recovery in these sectors since May correlates strongly with the reduction and subsequent gradual resurgence of mobility. In addition, while activity within Switzerland was back to normal levels by late June, activity of Swiss residents outside of Switzerland was still below normal.

Keywords: Corona crisis; mobility; sales activity; daily indicators (search for similar items in EconPapers)
JEL-codes: C38 D12 E32 H12 I12 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2020-08
New Economics Papers: this item is included in nep-ias and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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https://doi.org/10.3929/ethz-b-000437812 (application/pdf)

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Journal Article: Mobility and sales activity during the Corona crisis: daily indicators for Switzerland (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:kof:wpskof:20-485

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