The link between restaurant spending and new cases of coronavirus
CNBC reports: Higher restaurant spending appears to be linked to a faster spread of the coronavirus, according to a JPMorgan study. Analyst Jesse Edgerton analyzed data from 30 million Chase credit and debit cardholders and from Johns Hopkins University’s case tracker. He found that increased restaurant spending in a state predicted a rise in new infections there three weeks later. He also said restaurant spending was the strongest predictor across all categories of card spending. The United States set a…