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Federal Reserve Bank of Richmond: 'Estimating Demand Shocks From Foot Traffic: A Big-Data Approach'
March 25, 2026
RICHMOND, Virginia, March 25 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following white paper (No. 26-05) in March 2026 entitled "Estimating Demand Shocks from Foot Traffic: A Big-Data Approach."

Here are excerpts:

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This study leverages high-frequency foot-traffic data from SafeGraph to estimate demand shocks in customer-facing establishments across New York City's retail, service, and health sectors. Recognizing that v . . .

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