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Friday: NY Fed Mfg, Industrial Production

by Calculated Risk on 4/14/2022 09:12:00 PM

o At 8:30 AM ET, The New York Fed Empire State manufacturing survey for April. The consensus is for a reading of 2.0, up from -11.8.

o At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for March. The consensus is for a 0.4% increase in Industrial Production, and for Capacity Utilization to increase to 77.8%.

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

On COVID (focus on hospitalizations and deaths):

COVID MetricsNowWeek
AgoGoalPercent fully Vaccinated65.9%—>=70.0%1Fully Vaccinated (millions)218.7—>=2321New Cases per Day3?31,39126,357<=5,0002Hospitalized39,59410,411<=3,0002Deaths per Day3409485<=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.Hospitalizations and deaths are declining. The 7-day average deaths are the lowest since last July (the low last July was 214 per day).

New cases are increasing.

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