by Calculated Risk on 4/28/2022 09:15:00 PM
• At 8:30 AM ET: Personal Income and Outlays, March 2021. The consensus is for a 0.4% increase in personal income, and for a 0.6% increase in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 6.4% YoY, and core PCE prices up 5.3% YoY.
• At 9:45 AM, Chicago Purchasing Managers Index for April. The consensus is for a reading of 62.0, down from 62.9 in March.
• At 10:00 AM, University of Michigan’s Consumer sentiment index (Final for April). The consensus is for a reading of 65.7.
On COVID (focus on hospitalizations and deaths):
|Percent fully Vaccinated||66.1%||—||≥70.0%1|
|Fully Vaccinated (millions)||219.6||—||≥2321|
|New Cases per Day3🚩||53,133||42,426||≤5,0002|
|Deaths per Day3||334||352||≤502|
|1 Minimum to achieve “herd immunity” (estimated between 70% and 85%).
2my goals to stop daily posts,
37-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.
Deaths are declining week-over-week, but new cases and hospitalizations are increasing.
Average daily deaths bottomed in July 2021 at 214 per day.