Calculated Risk: Wednesday: CPI
by Calculated Risk on 1/11/2022 07:11:00 PM
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• At 8:30 AM, The Consumer Price Index for December from the BLS. The consensus is for 0.5% increase in CPI, and a 0.5% increase in core CPI.
On COVID (focus on hospitalizations and deaths):
|Percent fully Vaccinated||62.6%||—||≥70.0%1|
|Fully Vaccinated (millions)||207.8||—||≥2321|
|New Cases per Day3🚩||750,996||509,446||≤5,0002|
|Deaths per Day3🚩||1,633||1,163||≤502|
|1 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 positive tests reported.
New cases are at record levels (1.4 million today!). It appears likely hospitalizations will exceed the previous 7-day average record of 124,031 a year ago.
Fortunately, deaths are still well below the previous 7-day average record of 3,421 in January 2021.
This article appeared firshere