Thursday: Unemployment Claims, Durable Goods, Personal Income and Outlays, New Home Sales

Thursday: Unemployment Claims, Durable Goods, Personal Income and Outlays, New Home Sales

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Thursday:
• At 8:30 AM ET, the initial weekly unemployment claims report will be released.  Initial claims were 206 thousand last week.

• Also, at 8:30 AM, Durable Goods Orders for November. 

• Also, at 8:30 AM, Personal Income and Outlays for November. The consensus is for a 0.2% increase in personal income, and for a 1.0% increase in personal spending.

• At 10:00 AM, New Home Sales for November from the Census Bureau. The consensus is 766 thousand sales SAAR.

• Also, at 10:00 AM, University of Michigan’s Consumer sentiment index (Final for December).

From CR on COVID (mostly focus on hospitalizations and deaths, although new cases are rising rapidly):

The CDC is the source for all data.

COVID Metrics
  Today Week
Ago
Goal
Percent fully Vaccinated 61.7% ≥70.0%1
Fully Vaccinated (millions) 204.8 ≥2321
New Cases per Day3🚩 161,261 118,855 ≤5,0002
Hospitalized3🚩 61,290 59,405 ≤3,0002
Deaths per Day3🚩 1,223 1,112 ≤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.


COVID-19 Positive Tests per DayClick on graph for larger image.

This graph shows the daily (columns) and 7-day average (line) of cases reported.

The scale might change soon (almost record number of new cases reported yesterday).

Financial Services

via Calculated Risk https://ift.tt/IiXOKI

December 22, 2021 at 07:42PM

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