Friday: Retail Sales, Industrial Production, NY Fed Mfg

Panorama of a city business district with office buildings and skyscrapers and superimposed data, charts and diagrams related to stock market, currency exchange and global finance. Blue line graphs with numbers and exchange rates, candlestick charts and financial figures fill the image with a glowing light. Sunset light.

by Calculated Risk on 7/14/2022 09:06:00 PM

o At 8:30 AM ET, Retail sales for June is scheduled to be released. The consensus is for 0.8% increase in retail sales.

o 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.

o 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%.

o 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.

COVID MetricsNowWeekAgoGoalNew Cases per Day2?124,048107,174<=5,0001Hospitalized2?32,50729,099<=3,0001Deaths per Day2?351312<=5011my 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.

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.

What's your reaction?

In Love
Not Sure

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News