Goldman Sachs is using an unusual data source: Google searches for “loss of smell.”
Key Points
Queries for "loss of smell" on the internet search giant spiked in the week that began March 22 to an intensity reading of 100. Queries for "loss of smell" on the internet search giant spiked in the week that began March 22 to an intensity reading of 100. That means that U.S.-based searches for the phrase "loss of smell" peaked relative to any other period in the last 12 months during the last full week of March.searches for "loss of smell" have more than halved, a sign Goldman Chief Economist Jan Hatzius says could suggest a fall in official case counts over the next few weeks.
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