Thursday:
• At 8:30 AM ET, Housing Starts for February. The consensus is for 1.695 million SAAR, up from 1.638 million SAAR.
Click on graph for larger image.
• At 8:30 AM ET, Housing Starts for February. The consensus is for 1.695 million SAAR, up from 1.638 million SAAR.
• Also at 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for a decrease to 225 thousand from 227 thousand last week.
• Also at 8:30 AM, the Philly Fed manufacturing survey for March. The consensus is for a reading of 15.0, down from 16.0.
• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for February. The consensus is for a 0.5% increase in Industrial Production, and for Capacity Utilization to increase to 77.9%.
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| Percent fully Vaccinated | 65.3% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 216.8 | — | ≥2321 | |
| New Cases per Day3 | 30,934 | 36,852 | ≤5,0002 | |
| Hospitalized3 | 20,780 | 29,017 | ≤3,0002 | |
| Deaths per Day3 | 1,107 | 1,153 | ≤502 | |
| 1 Minimum to achieve “herd immunity” (estimated between 70% and 85%). 2my goals to stop daily posts, 37-day average for Cases, Currently Hospitalized, and Deaths 🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths ✅ Goal met. |
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Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.
New cases, hospitalizations and deaths are still declining.