by Calculated Risk on 2/28/2022 08:36:00 PM
From Matthew Graham at Mortgage News Daily: Mortgage Rates Drop Noticeably as Global Drama Unfolds
o At 8:00 AM ET, Corelogic House Price index for January.
o At 10:00 AM, ISM Manufacturing Index for January. The consensus is for the ISM to be at 58.0, up from 57.6 in January.
o Also, at 10:00 AM, Construction Spending for December. The consensus is for a 0.2% decrease in construction spending.
o All day: Light vehicle sales for February. The consensus is for light vehicle sales to be 14.4 million SAAR in February, down from 15.0 million in January (Seasonally Adjusted Annual Rate).
On COVID (focus on hospitalizations and deaths):
AgoGoalPercent fully Vaccinated64.9%—>=70.0%1Fully Vaccinated (millions)215.6—>=2321New Cases per Day362,55699,986<=5,0002Hospitalized341,24262,792<=3,0002Deaths per Day31,6861,940<=5021 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.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.New cases, hospitalizations and deaths are now declining.