Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 185 thousand from 185 thousand last week.
Click on graph for larger image.
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 185 thousand from 185 thousand last week.
• Also at 8:30 AM, the Philly Fed manufacturing survey for April. The consensus is for a reading of 20.0, down from 27.4.
• At 1:00 PM, Discussion, Fed Chair Pro Tempore Jerome Powell, The Global Economy, At the International Monetary Fund Debate on the Global Economy
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| Percent fully Vaccinated | 66.0% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 219.0 | — | ≥2321 | |
| New Cases per Day3🚩 | 40,985 | 30,926 | ≤5,0002 | |
| Hospitalized3 | 9,643 | 9,835 | ≤3,0002 | |
| Deaths per Day3 | 385 | 459 | ≤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.
Hospitalizations and deaths are declining week-over-week, but new cases are increasing.
Average daily deaths bottomed in July 2021 at 214 per day.