Latest News

Tuesday: PPI, NY Fed Mfg


by Calculated Risk on 3/14/2022 09:05:00 PM

It appears there is another wave coming (Europe and China are seeing sharp increases). According to Andy Slavitt the new variant “BA2 spreads approx 30% faster than omicron”. Hopefully it will not be severe.

o At 8:30 AM ET, The New York Fed Empire State manufacturing survey for March. The consensus is for a reading of 7.2, up from 3.1.

o At 8:30 AM, The Producer Price Index for February from the BLS. The consensus is for a 0.9% increase in PPI, and a 0.6% increase in core PPI.

On COVID (focus on hospitalizations and deaths):

COVID MetricsNowWeek
AgoGoalPercent fully Vaccinated65.3%—>=70.0%1Fully Vaccinated (millions)216.7—>=2321New Cases per Day334,11341,216<=5,0002Hospitalized321,47131,949<=3,0002Deaths per Day31,1871,295<=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, hospitalizations and deaths are now declining.

Spain seizes Russian oligarch’s yacht in Barcelona

Previous article

BoE to lift Bank Rate on Thursday, inflation to peak in Q2

Next article

You may also like


Leave a reply

Your email address will not be published.

More in Latest News