by Calculated Risk on 2/02/2022 08:50:00 PM
Wednesday, February 02, 2022
Thursday: Unemployment Claims, ISM Services
Thursday:
• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for a decrease to 250 thousand from 260 thousand last week.
• At 10:00 AM, the ISM Services Index for January.
On COVID (focus on hospitalizations and deaths):
COVID Metrics | ||||
---|---|---|---|---|
Now | Week Ago | Goal | ||
Percent fully Vaccinated | 63.8% | --- | ≥70.0%1 | |
Fully Vaccinated (millions) | 212.0 | --- | ≥2321 | |
New Cases per Day3 | 415,552 | 636,024 | ≤5,0002 | |
Hospitalized3 | 127,329 | 143,924 | ≤3,0002 | |
Deaths per Day3🚩 | 2,369 | 2,286 | ≤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 positive tests reported.
New cases and hospitalizations are now declining.
Unfortunately, deaths are still rising, but well below the previous 7-day average record of 3,421 in January 2021.