Housing Starts, Unemployment Claims, Philly Fed Mfg
by Calculated Risk on 6/15/2022 09:03:00 PM
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 215 thousand down from 229 thousand last week.
• Also at 8:30 AM, Housing Starts for May. The consensus is for 1.700 million SAAR, down from 1.724 million SAAR in April.
• Also at 8:30 AM, the Philly Fed manufacturing survey for June. The consensus is for a reading of 5.3, up from 2.6.
On COVID (focus on hospitalizations and deaths):
|Percent fully Vaccinated||66.8%||—||≥70.0%1|
|Fully Vaccinated (millions)||221.9||—||≥2321|
|New Cases per Day3||103,935||108,458||≤5,0002|
|Deaths per Day3||276||314||≤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.
Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.
New cases have quadrupled from the recent low.
Average daily deaths bottomed in July 2021 at 214 per day.