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Friday: Industrial Production

Friday:
• At 9:15 AM ET, The Fed will release Industrial Production and Capacity Utilization for May. The consensus is for a 0.4% increase in Industrial Production, and for Capacity Utilization to increase to 79.2%.

• At 10:00 AM, State Employment and Unemployment (Monthly) for May 2022

On COVID (focus on hospitalizations and deaths):

COVID Metrics
 
Now
Week
Ago
Goal

Percent fully Vaccinated
66.8%

≥70.0%1

Fully Vaccinated (millions)
221.9

≥2321

New Cases per Day3

102,750
109,841
≤5,0002

Hospitalized3🚩
24,160
23,598
≤3,0002

Deaths per Day3

265
326
≤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.

New cases have quadrupled from the recent low.  

Average daily deaths bottomed in July 2021 at 214 per day.

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