Friday:
• At 8:30 AM ET, Retail sales for June is scheduled to be released. The consensus is for 0.8% increase in retail sales.
• At 8:30 AM ET, Retail sales for June is scheduled to be released. The consensus is for 0.8% increase in retail sales.
• Also, at 8:30 AM, The New York Fed Empire State manufacturing survey for July. The consensus is for a reading of -2.6, down from -1.2.
• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for June. The consensus is for a no change in Industrial Production, and for Capacity Utilization to decrease to 80.4%.
• At 10:00 AM, University of Michigan’s Consumer sentiment index (Preliminary for July).
On COVID (focus on hospitalizations and deaths):
Hospitalizations have almost quadrupled from the lows earlier this year.
Click on graph for larger image.
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| New Cases per Day2🚩 | 124,048 | 107,174 | ≤5,0001 | |
| Hospitalized2🚩 | 32,507 | 29,099 | ≤3,0001 | |
| Deaths per Day2🚩 | 351 | 312 | ≤501 | |
| 1my goals to stop daily posts, 27-day average for Cases, Currently Hospitalized, and Deaths 🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths ✅ Goal met. |
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Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.
Average daily deaths bottomed in July 2021 at 214 per day.