by Calculated Risk on 5/10/2022 09:00:00 PM
Tuesday, May 10, 2022
Wednesday: CPI
Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• At 8:30 AM, The Consumer Price Index for April from the BLS. The consensus is for 0.2% increase in CPI (up 8.1% YoY), and a 0.4% increase in core CPI (up 6.1% YoY).
On COVID (focus on hospitalizations and deaths):
COVID Metrics | ||||
---|---|---|---|---|
Now | Week Ago | Goal | ||
Percent fully Vaccinated | 66.3% | --- | ≥70.0%1 | |
Fully Vaccinated (millions) | 220.2 | --- | ≥2321 | |
New Cases per Day3🚩 | 74,712 | 60,554 | ≤5,0002 | |
Hospitalized3🚩 | 13,538 | 12,047 | ≤3,0002 | |
Deaths per Day3 | 323 | 331 | ≤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.