by Calculated Risk on 5/23/2022 08:45:00 PM
From Matthew Graham at Mortgage News Daily: Mortgage Rates Moving Up to Start New Week
emphasis added
Tuesday:
o At 10:00 AM ET, New Home Sales for April from the Census Bureau. The consensus is for 750 thousand SAAR, down from 763 thousand SAAR in March.
o Also at 10:00 AM: Richmond Fed Survey of Manufacturing Activity for May.
On COVID (focus on hospitalizations and deaths):
AgoGoalPercent fully Vaccinated66.5%—>=70.0%1Fully Vaccinated (millions)220.9—>=2321New Cases per Day3?102,94093,377<=5,0002Hospitalized3?17,43215,982<=3,0002Deaths per Day3?281276<=5021 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.
Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.New cases have quadrupled from the recent low, and hospitalizations and deaths are increasing week-over-week.
Average daily deaths bottomed in July 2021 at 214 per day.