Wednesday: Job Openings, ISM Services, FOMC Minutes

Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• 10:00 AM, Job Openings and Labor Turnover Survey for May from the BLS. Jobs openings decreased in April to 11.400 million from 11.855 million in March.

• Also at 10:00 AM, the ISM Services Index for June.   The consensus is for a reading of 54.5, down from 55.9.

• At 2:00 PM, FOMC Minutes, Meeting of June 14-15, 2022

On COVID (focus on hospitalizations and deaths):

COVID Metrics
  Now Week
Ago
Goal
Percent fully Vaccinated 66.9% ≥70.0%1
Fully Vaccinated (millions) 222.3 ≥2321
New Cases per Day3 94,345 113,184 ≤5,0002
Hospitalized3 23,459 26,162 ≤3,0002
Deaths per Day3 295 340 ≤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.

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