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by Calculated Risk on 8/24/2022 08:58:00 PM
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. |
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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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Image and article originally from www.calculatedriskblog.com. Read the original article here.