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Friday: Industrial Production

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by Calculated Risk on 6/16/2022 09:02:00 PM

Friday:
o At 9:15 AM ET, The Fed will release Industrial Production and Capacity Utilization for May. The consensus is for a 0.4% increase in Industrial Production, and for Capacity Utilization to increase to 79.2%.

o At 10:00 AM, State Employment and Unemployment (Monthly) for May 2022

On COVID (focus on hospitalizations and deaths):

COVID MetricsNowWeek
AgoGoalPercent fully Vaccinated66.8%—>=70.0%1Fully Vaccinated (millions)221.9—>=2321New Cases per Day3102,750109,841<=5,0002Hospitalized3?24,16023,598<=3,0002Deaths per Day3265326<=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.

Average daily deaths bottomed in July 2021 at 214 per day.

Revlon files for bankruptcy, blames supply chain snags

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