• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 180 thousand down from 184 thousand last week.
• Also at 8:30 AM, Gross Domestic Product, 1st quarter 2021 (Advance estimate). The consensus is that real GDP increased 1.0% annualized in Q1, down from 6.9% in Q4.
• At 11:00 AM, the Kansas City Fed manufacturing survey for April. This is the last of regional manufacturing surveys for April.
On COVID (focus on hospitalizations and deaths):
Percent fully Vaccinated
Fully Vaccinated (millions)
New Cases per Day3🚩
Deaths per Day3
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.