There are lots of ways, both medical and economic, to track the impact of the coronavirus pandemic.
One visible marker is at the gas pump. In the past month, unleaded fuel has dropped by about 50 cents a gallon — nearly 25% — in Greenwood. Wednesday’s prevailing price around town was $1.64.
Such a steep drop in price, a symptom of excessive supply during a period of reduced demand, is an indication that a lot of people aren’t traveling to work or much of anywhere else.
When the price of gasoline starts to rise, that may be a signal that both the economy and the medical situation are getting healthier. For once, rising fuel prices would be welcomed.
Jack Ryan, Enterprise-Journalrst graph goes.
Second graph here.