Thursday: New Home Sales, GDP, Unemployment Claims

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Thursday:
• At 8:30 AM ET, the initial weekly unemployment claims report will be released.  The consensus is for a decrease to 240 thousand from 248 thousand last week.

• Also, at 8:30 AM, Gross Domestic Product, 4th quarter 2021 (Second estimate). The consensus is that real GDP increased 7.0% annualized in Q4, up from the advance estimate of 6.9%.

• Also, at 8:30 AM, Chicago Fed National Activity Index for January. This is a composite index of other data.

• At 10:00 AM, New Home Sales for January from the Census Bureau. The consensus is that new home sales decreased to 807 thousand SAAR, down from 811 thousand in December.

• At 11:00 AM, the Kansas City Fed manufacturing survey for February

On COVID (focus on hospitalizations and deaths):

COVID Metrics
  Now Week
Ago
Goal
Percent fully Vaccinated 64.8% ≥70.0%1
Fully Vaccinated (millions) 215.1 ≥2321
New Cases per Day3 79,539 133,392 ≤5,0002
Hospitalized3 56,222 77,791 ≤3,0002
Deaths per Day3 1,602 2,096 ≤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.

New cases, hospitalizations and deaths are now declining.  

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