Calculated Risk: Wednesday: ISM Services

by Calculated risk on 02/08/2022 11:56:00 PM

• At 7:00 AM ET, the Mortgage Bankers Association (MBA) will announce results Index of mortgage applications.

• 10:00 am ISM Services Index for the month of July. The consensus is a reading of 53.5, down from 55.3.

On COVID (focus on hospitalization and mortality):

The number of hospital admissions has nearly quadrupled from its lowest level in April 2022.

COVID metrics
Currently week
New cases per day2 114.021 127727 50001
in the hospital2 36835 37,034 ≤ 30001
daily deaths2 357 415 ≤501
1My goals are to stop daily posts,
27 days average for cases, current patients, and deaths
🚩 An average increase of 7 days per week in cases, hospital stays, and deaths

✅ The goal has been achieved.

Positive COVID-19 tests dailyClick on the chart for a larger picture.

This graph shows the daily average (the bars) and the 7-day average (the line) of reported deaths.

The average daily death rate fell to its lowest level in July 2021 at 214 cases per day.

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