Breaking Stories

Friday: CPI

by Calculated Risk on 6/09/2022 09:11:00 PM

Friday:
o At 8:30 AM ET, The Consumer Price Index for May from the BLS. The consensus is for 0.7% increase in CPI, and a 0.5% increase in core CPI.

o At 10:00 AM, University of Michigan’s Consumer sentiment index (Preliminary for June).

On COVID (focus on hospitalizations and deaths):

COVID MetricsNowWeek
AgoGoalPercent fully Vaccinated66.7%—>=70.0%1Fully Vaccinated (millions)221.6—>=2321New Cases per Day3?109,032100,915<=5,0002Hospitalized3?23,34121,693<=3,0002Deaths per Day3?306258<=5021 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. Hospitalizations and deaths are now increasing.

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

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