• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 263 thousand up from 260 thousand last week.
• Also at 8:30 AM, The Producer Price Index for July from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.4% increase in core PPI.
On COVID (focus on hospitalizations and deaths):
Hospitalizations have almost quadrupled from the lows in April 2022.
Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago | Goal | ||
| New Cases per Day2 | 107,077 | 121,260 | ≤5,0001 | |
| Hospitalized2 | 36,663 | 37,632 | ≤3,0001 | |
| Deaths per Day2 | 395 | 422 | ≤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.
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