Note: This thread is related to #Coronavirus #COVID19

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Michael Sheetz @thesheetztweetz Space Reporter @CNBC | pitches [email protected] | DM for cell, WhatsApp, Signal, ProtonMail | formerly @DJNF @ESTribune | alumnus @TheKingsCollege Mar. 28, 2020 1 min read

The US economy has come to a standstill amid the coronavirus crisis.

I gathered satellite imagery and alternative data to show the stark drop in consumer and business activity across the country:  https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 

Major airlines are parking fleets of unused planes as demand plummets.

These @planetlabs images show aircraft recently parked in Oklahoma, Alabama, Arizona and California:
 https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 

.@iceyefi captured aircraft parked in Atlanta on Tuesday:
 https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 

American Airlines also shared pictures from the ground in Tulsa and Pittsburgh.  https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 

Disney World is shut down and the beaches are emptying in Miami:  https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 

.@Maxar captured images of shopping malls and major retailers across the country shutting down stores as customers stay home:  https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 

Americans are working from home and corporate complexes have become largely vacant, such as Google and NASA Ames seen here in Mountain View:  https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 

Rush hour traffic has vanished even in Los Angeles, when peak times would typically see miles of cars backed up on the freeways:
 https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 

Here's the Bay Bridge toll station during rush hour traffic a month apart:  https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 

U.S. ports are also seeing incoming cargo drop sharply, with Factset data showing imports dropping nearly 20% in February compared to last month. Here's the Port of Long Beach, where a clear decrease in the number of shipping containers is visible:  https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 

All of this matters because these alternative data sources are essentially what is available to track the scope of the economic damage so far. The Labor Dept's report of a staggering 3.28 million jobless claims is just the beginning.  https://www.cnbc.com/2020/03/28/the-us-economy-has-come-to-a-standstill-satellite-imagery-shows.html 


You can follow @thesheetztweetz.



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