by Calculated Risk on 2/24/2022 09:18:00 PM

Friday:
• At 8:30 AM ET, Personal Income and Outlays for January. The consensus is for a 0.3% decrease in personal income, and for a 1.5% increase in personal spending. And for the Core PCE price index to increase 0.5%.

• Also, at 8:30 AM, Durable Goods Orders for January from the Census Bureau. The consensus is for a 0.7% increase in durable goods orders.

• At 10:00 AM, Pending Home Sales Index for January. The consensus is for a 0.5% increase in the index.

• Also, at 10:00 AM, University of Michigan's Consumer sentiment index (Final for February). The consensus is for a reading of 61.7.

On COVID (focus on hospitalizations and deaths):

COVID Metrics
	Now	Week Ago	Goal
Percent fully Vaccinated	64.8%	---	≥70.0%1
Fully Vaccinated (millions)	215.3	---	≥2321
New Cases per Day3	75,208	120,760	≤5,0002
Hospitalized3	53,987	74,353	≤3,0002
Deaths per Day3	1,674	2,062	≤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, hospitalizations and deaths are now declining.