Thursday:
• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for 210 thousand up from 200 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 210 thousand up from 200 thousand last week.
• At 8:30 AM, The Producer Price Index for April from the BLS. The consensus is for a 0.5% increase in PPI, and a 0.6% increase in core PPI.
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| Percent fully Vaccinated | 66.3% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 220.3 | — | ≥2321 | |
| New Cases per Day3🚩 | 78,236 | 61,715 | ≤5,0002 | |
| Hospitalized3🚩 | 14,104 | 12,291 | ≤3,0002 | |
| Deaths per Day3 | 326 | 332 | ≤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 have more than doubled from the recent low, and hospitalizations are increasing week-over-week.
Average daily deaths bottomed in July 2021 at 214 per day.