Durable Goods, Pending Home Sales, Preliminary Employment Benchmark Revision

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by Calculated Risk on 8/23/2022 08:56:00 PM

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, Durable Goods Orders for July from the Census Bureau. The consensus is for a 0.5% increase in durable goods orders.

• At 10:00 AM, Pending Home Sales Index for July. The consensus is for a 3.8% decrease in the index.

• Also at 10:00 AM, the Bureau of Labor Statistics (BLS) will release the 2022 Preliminary Benchmark Revision to Establishment Survey Data.

• During the day, The AIA’s Architecture Billings Index for July (a leading indicator for commercial real estate).

On COVID (focus on hospitalizations and deaths):

COVID Metrics
  Now Week
Ago
Goal
New Cases per Day2 89,580 101,176 ≤5,0001
Hospitalized2 33,379 35,761 ≤3,0001
Deaths per Day2 387 443 ≤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.

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Image and article originally from www.calculatedriskblog.com. Read the original article here.