Friday: NY Fed Mfg, Industrial Production

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Friday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for April. The consensus is for a reading of 2.0, up from -11.8.

• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for March. The consensus is for a 0.4% increase in Industrial Production, and for Capacity Utilization to increase to 77.8%.

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

On COVID (focus on hospitalizations and deaths):

COVID Metrics
  Now Week
Ago
Goal
Percent fully Vaccinated 65.9% ≥70.0%1
Fully Vaccinated (millions) 218.7 ≥2321
New Cases per Day3🚩 31,391 26,357 ≤5,0002
Hospitalized3 9,594 10,411 ≤3,0002
Deaths per Day3 409 485 ≤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 deaths reported.

Hospitalizations and deaths are declining.  The 7-day average deaths are the lowest since last July (the low last July was 214 per day).

New cases are increasing.

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