In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Thursday, June 30, 2022

Friday: ISM Manufacturing, Construction Spending, Vehicle Sales

by Calculated Risk on 6/30/2022 09:00:00 PM

• At 10:00 AM ET, ISM Manufacturing Index for June. The consensus is for the ISM to be at 55.0, down from 56.1 in May. 

• At 10:00 AM, Construction Spending for May. The consensus is for a 0.4% increase in construction spending.

• Late in the day, Light vehicle sales for June. The consensus is for light vehicle sales to be 13.6 million SAAR in June, up from 12.7 million in May (Seasonally Adjusted Annual Rate).

On COVID (focus on hospitalizations and deaths):

COVID Metrics
Percent fully Vaccinated66.9%---≥70.0%1
Fully Vaccinated (millions)222.1---≥2321
New Cases per Day3🚩109,93098,217≤5,0002
Deaths per Day3🚩317289≤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.

Average daily deaths bottomed in July 2021 at 214 per day.