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Thursday: Unemployment Claims, Philly Fed Mfg


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

o 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.

o 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 MetricsNowWeekAgoGoalNew Cases per Day2?126,018123,525<=5,0001Hospitalized2?34,51132,288<=3,0001Deaths per Day2353366<=5011my 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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