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Wednesday, March 09, 2022

Thursday: CPI, Unemployment Claims, Q4 Flow of Funds

by Calculated Risk on 3/09/2022 08:59:00 PM

• At 8:30 AM ET, The Consumer Price Index for February from the BLS. The consensus is for a 0.8% increase in CPI, and a 0.5% increase in core CPI.  The consensus is for CPI to be up 7.9% Year-over-year (YoY), and core CPI to be up 6.4% YoY.

• Also at 8:30 AM, The initial weekly unemployment claims report will be released.  The consensus is for a decrease to 210 thousand from 215 thousand last week.

• At 12:00 PM, Q4 Flow of Funds Accounts of the United States from the Federal Reserve.

On COVID (focus on hospitalizations and deaths):

COVID Metrics
Percent fully Vaccinated65.2%---≥70.0%1
Fully Vaccinated (millions)216.4---≥2321
New Cases per Day337,87955,018≤5,0002
Deaths per Day31,1611,683≤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.

COVID-19 Positive Tests per DayClick 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.