by Calculated Risk on 4/14/2022 09:12:00 PM

Friday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for April. The consensus is for a reading of 2.0, up from -11.8.

• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for March. The consensus is for a 0.4% increase in Industrial Production, and for Capacity Utilization to increase to 77.8%.

• At 10:00 AM, State Employment and Unemployment (Monthly) for March 2022

On COVID (focus on hospitalizations and deaths):

COVID Metrics
	Now	Week Ago	Goal
Percent fully Vaccinated	65.9%	---	≥70.0%1
Fully Vaccinated (millions)	218.7	---	≥2321
New Cases per Day3🚩	31,391	26,357	≤5,0002
Hospitalized3	9,594	10,411	≤3,0002
Deaths per Day3	409	485	≤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.

Hospitalizations and deaths are declining.  The 7-day average deaths are the lowest since last July (the low last July was 214 per day).

New cases are increasing.