• At 8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for an increase to 225 thousand from 222 thousand last week.
• Also, at 8:30 AM ET: Retail sales for August will be released. The consensus is for a 0.2% increase in retail sales.
• Also, at 8:30 AM: the Philly Fed manufacturing survey for September. The consensus is for a reading of 3.5, down from 6.2.
• Also, at 8:30 AM ET: The New York Fed Empire State manufacturing survey for September. The consensus is for a reading of -13.9, up from -31.3.
• At 9:15 AM: The Fed will release Industrial Production and Capacity Utilization for August. The consensus is for a 0.2% increase in Industrial Production, and for Capacity Utilization to increase to 80.3%.
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago | Goal | ||
| New Cases per Day2 | 60,558 | 75,629 | ≤5,0001 | |
| Hospitalized2 | 28,238 | 29,848 | ≤3,0001 | |
| Deaths per Day2 | 350 | 352 | ≤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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