By by Calculated Risk on 7/25/2022 08:55:00 PM
Tuesday:
o At 9:00 AM ET, S&P/Case-Shiller House Price Index for May. The consensus is for a 21.0% year-over-year increase in the Comp 20 index for May.
o Also at 9:00 AM, FHFA House Price Index for May. This was originally a GSE only repeat sales, however there is also an expanded index.
o At 10:00 AM, New Home Sales for June from the Census Bureau. The consensus is for 666 thousand SAAR, down from 696 thousand in May.
o Also at 10:00 AM, Richmond Fed Survey of Manufacturing Activity for July.
On COVID (focus on hospitalizations and deaths):
Hospitalizations have almost quadrupled from the lows in April 2022.
COVID MetricsNowWeekAgoGoalNew Cases per Day2120,032129,355<=5,0001Hospitalized233,22634,347<=3,0001Deaths per Day2365380<=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.
? 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.
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