Unemployment Claims, Philly Fed Mfg


by Calculated Risk on 7/20/2022 09:39:00 PM

• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 235 thousand down from 244 thousand last week.

• Also at 8:30 AM, the Philly Fed manufacturing survey for July. The consensus is for a reading of 5.5, up from -3.1.

On COVID (focus on hospitalizations and deaths):

Hospitalizations have almost quadrupled from the lows in April 2022.

COVID Metrics
  Now Week
New Cases per Day2🚩 126,018 123,525 ≤5,0001
Hospitalized2🚩 34,511 32,288 ≤3,0001
Deaths per Day2 353 366 ≤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.


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