• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• At 8:30 AM, Retail sales for January is scheduled to be released. The consensus is for a 1.8% increase in retail sales. Retail sales ex-gasoline were down 2.0% in December.
• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for January. The consensus is for a 0.4% increase in Industrial Production, and for Capacity Utilization to increase to 76.7%.
• At 10:00 AM, The February NAHB homebuilder survey. The consensus is for a reading of 82, down from 83. Any number above 50 indicates that more builders view sales conditions as good than poor.
• At 2:00 PM, FOMC Minutes, Meeting of Jan. 25-26
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| Percent fully Vaccinated | 64.5% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 214.1 | — | ≥2321 | |
| New Cases per Day3 | 146,921 | 244,558 | ≤5,0002 | |
| Hospitalized3 | 80.185 | 107,772 | ≤3,0002 | |
| Deaths per Day3 | 2,208 | 2,422 | ≤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. |
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Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of positive tests reported.