Tuesday: • At 9:00 AM ET, FHFA House Price Index for November. This was originally a GSE only repeat sales, however there is also an expanded index.
• Also, at 9:00 AM, S&P/Case-Shiller House Price Index for November. The consensus is for a 18.0% year-over-year increase in the Comp 20 index.
• At 10:00 AM, Richmond Fed Survey of Manufacturing Activity for January.
• Also, at 10:00 AM, State Employment and Unemployment (Monthly) for December 2021
On COVID (focus on hospitalizations and deaths):
COVID Metrics
Today
Week Ago
Goal
Percent fully Vaccinated
63.4%
—
≥70.0%1
Fully Vaccinated (millions)
210.5
—
≥2321
New Cases per Day3
663,908
788,527
≤5,0002
Hospitalized3
136,135
141,565
≤3,0002
Deaths per Day3🚩
1,936
1,886
≤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 now declining.
Unfortunately, deaths are still rising, but well below the previous 7-day average record of 3,421 in January 2021.