(Reuters) - Policymakers, economists and investors are turning increasingly to so-called high-frequency data to get a more timely snapshot of the U.S. economy during the fast-moving coronavirus pandemic than traditional monthly and quarterly indicators can provide.
These run the gamut from long-established government reports such as the Labor Department's weekly unemployment benefits figures - which in the latest week shot back above 1 million new claims - to new privately sourced analyses of retail foot traffic from mobile phone tracking data and shifts worked at small businesses derived from payroll service providers.
Here are some of the sources:
* The U.S. Department of Labor's Weekly Jobless Claims https://ift.tt/34jHICG report, published every Thursday morning, has long been viewed as the most timely official data on the state of U.S. employment.
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