by Calculated Risk on 8/24/2022 08:58:00 PM
Wednesday, August 24, 2022
Thursday: GDP, Unemployment Claims
Thursday:
• At 8:30 AM ET, Gross Domestic Product, 2nd quarter 2022 (second estimate). The consensus is that real GDP decreased 0.8% annualized in Q2, up from the advance estimate of -0.9% in Q2.
• Also at 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for an increase to 253 thousand from 250 thousand last week.
• At 11:00 AM, the Kansas City Fed manufacturing survey for August.
On COVID (focus on hospitalizations and deaths):
COVID Metrics | ||||
---|---|---|---|---|
Now | Week Ago | Goal | ||
New Cases per Day2 | 89,698 | 99,736 | ≤5,0001 | |
Hospitalized2 | 33,247 | 35,597 | ≤3,0001 | |
Deaths per Day2 | 390 | 443 | ≤501 | |
1my goals to stop daily posts, 27-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.