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Thursday: Unemployment Claims, Fed Chair Powell

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September 8, 2022
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by Calculated Risk on 9/07/2022 08:56:00 PM

Thursday:
o At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for an increase to 240 thousand from 232 thousand last week.

o At 9:10 AM, Discussion, Fed Chair Powell, At the Cato Institute’s 40th Annual Monetary Conference

On COVID (focus on hospitalizations and deaths):

COVID MetricsNowWeekAgoGoalNew Cases per Day274,80388,644<=5,0001Hospitalized229,49131,842<=3,0001Deaths per Day2336414<=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.
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