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2021 US Tax Tracker #3: $211 Billion Refunded, Down Versus Last Year

Each year, the IRS reports tax return filings and refunds on a weekly basis until the extended deadline of May 17 this year. We look at what happened what has happened in the 2021 tax filing season so far, as of April 16, 2021. This report covers the number of returns filed and processed, the total and average refunds returned and a comparison of the 2021 tax filing season to date versus the comparative period in 2020.

How Travel Will Bounce Back and What This Means for US Retail

The travel industry and associated retail in the US were hit hard by the Covid-19 pandemic, as consumers stayed home at record rates in 2020 and continue to be wary of visiting public places such as tourist attractions. However, in the second half of 2021, we expect travel to pick up substantially, beginning with regional domestic travel by car and eventually spreading to international air travel. In this report, we discuss the potential bounceback of travel and its implications for US retail.

Retail Robustness Index: April 2021 Update—Relative Stability Amid Renewed Temporary Closures and Management Changes

Coresight Research’s Retail Robustness Index evaluates the 100 largest US retailers (by revenue) on their ability to weather dramatic shifts in demand amid the Covid-19 pandemic. The April 2021 update revises the scores based on financial reports and store- and management-related announcements. Alongside the report, our infographic summarizes key changes since the previous Retail Robustness Index update in January 2021.