[2006alum]

[tweet]https://twitter.com/thehill/status/1276555843161468930?s=20[/tweet]

"Looking across categories of card spending, we find that the level of spending in restaurants three weeks ago was the strongest predictor of the rise in new virus cases over the subsequent three weeks," wrote Jesse Edgerton, of the bank's economic and research department. Restaurant purchases with cards presented in person, rather than online, were particularly predictive.

The opposite was true for supermarket spending, where an increase in credit card purchases was associated with a decline of the virus.

My sense is that most everyone around these parts had no intention to any time soon, but wowwie...

[2006alum]

[tweet]https://twitter.com/thehill/status/1276555843161468930?s=20[/tweet]

"Looking across categories of card spending, we find that the level of spending in restaurants three weeks ago was the strongest predictor of the rise in new virus cases over the subsequent three weeks," wrote Jesse Edgerton, of the bank's economic and research department. Restaurant purchases with cards presented in person, rather than online, were particularly predictive.

The opposite was true for supermarket spending, where an increase in credit card purchases was associated with a decline of the virus.

My sense is that most everyone around these parts had no intention to any time soon, but wowwie...