by Calculated Risk on 4/28/2022 09:15:00 PM
Thursday, April 28, 2022
Friday: Personal Income and Outlays, Chicago PMI
Friday:
• At 8:30 AM ET: Personal Income and Outlays, March 2021. The consensus is for a 0.4% increase in personal income, and for a 0.6% increase in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 6.4% YoY, and core PCE prices up 5.3% YoY.
• At 9:45 AM, Chicago Purchasing Managers Index for April. The consensus is for a reading of 62.0, down from 62.9 in March.
• At 10:00 AM, University of Michigan's Consumer sentiment index (Final for April). The consensus is for a reading of 65.7.
On COVID (focus on hospitalizations and deaths):
COVID Metrics | ||||
---|---|---|---|---|
Now | Week Ago | Goal | ||
Percent fully Vaccinated | 66.1% | --- | ≥70.0%1 | |
Fully Vaccinated (millions) | 219.6 | --- | ≥2321 | |
New Cases per Day3🚩 | 53,133 | 42,426 | ≤5,0002 | |
Hospitalized3🚩 | 10,803 | 9,909 | ≤3,0002 | |
Deaths per Day3 | 334 | 352 | ≤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.
Average daily deaths bottomed in July 2021 at 214 per day.