In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Friday, January 05, 2024

Jan 5th COVID Update: Deaths and Hospitalizations Increased

by Calculated Risk on 1/05/2024 07:47:00 PM

Mortgage RatesNote: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Due to changes at the CDC, weekly cases are no longer updated.

For deaths, I'm currently using 4 weeks ago for "now", since the most recent three weeks will be revised significantly.

Hospitalizations have almost quintupled from a low of 5,150 in June 2023.

Hospitalizations are far below the peak of 150,000 in January 2022.

COVID Metrics
 NowWeek
Ago
Goal
Hospitalized2🚩25,43022,242≤3,0001
Deaths per Week2🚩1,6141,605≤3501
1my goals to stop weekly posts,
2Weekly for Currently Hospitalized, and Deaths
🚩 Increasing number weekly for Hospitalized and Deaths
✅ Goal met.

COVID-19 Deaths per WeekClick on graph for larger image.

This graph shows the weekly (columns) number of deaths reported.

Weekly deaths have more than tripled from a low of 485 in early July.  Still weekly deaths are far below the weekly peak of 26,000 in January 2021.

And here is a new graph I'm following on COVID in wastewater as of Dec 30th:

COVID-19 WastewaterThis appears to be a leading indicator for COVID hospitalizations and deaths.

COVID in wastewater is at the highest level since January 2022 (about 55% that peak), and that suggests deaths will likely increase further over the next several weeks.