Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 180 thousand down from 184 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 180 thousand down from 184 thousand last week.
• Also at 8:30 AM, Gross Domestic Product, 1st quarter 2021 (Advance estimate). The consensus is that real GDP increased 1.0% annualized in Q1, down from 6.9% in Q4.
• At 11:00 AM, the Kansas City Fed manufacturing survey for April. This is the last of regional manufacturing surveys for April.
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| Percent fully Vaccinated | 66.1% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 219.4 | — | ≥2321 | |
| New Cases per Day3🚩 | 48,692 | 40,812 | ≤5,0002 | |
| Hospitalized3🚩 | 10,606 | 9,833 | ≤3,0002 | |
| Deaths per Day3 | 299 | 360 | ≤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.
Deaths are declining week-over-week, but new cases and hospitalizations are increasing.
Average daily deaths bottomed in July 2021 at 214 per day.