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VP Bank Corona-Crisis-Barometer:Things are moving forward

Dr. Thomas Gitzel, Chief Economist
Reading time: 2 Min
Increasing immunisation bears fruit

Crisis Barometer

Last updated: April 27, 2021

A new wave of infections seems to have been averted in the USA. Many states have now learned to deal with the infection. In most regions, strict containment measures can be dispensed with. But the increasing immunisation of broad sections of the population is also bearing fruit. The VP Bank Crisis Barometer is therefore making significant progress compared to the last measurement. Above all, public life is gaining momentum. This can be seen in the increasing number of restaurant visits. But passenger traffic at US airports is also on the rise, even if pre-crisis levels are still some way off. 

The pace of vaccination in the USA is slowing down, although the supply of vaccines is still excellent. The vaccination campaign is now faltering somewhat due to the vaccine-sceptic population. In the meantime, the US government is trying to convince groups of people who are sceptical about immunisation. Whether the Indian double mutation now poses a serious threat is still unclear. The USA therefore wants to release vaccine reserves in the coming months to countries with a low vaccination rate. 

On the barometer: The measures taken to control the spread of the coronavirus have been drastic. The global economy is severely impaired, resulting in an unprecedented drop in gross
domestic product (GDP). The question is now, how fast the economy will rebound if the restrictions are lifted.

The VP Bank Corona Crisis Barometer tracks how well the economy is recovering.

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