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Wednesday: ADP Employment, Q4 Housing Vacancies and Homeownership

by Calculated Risk on 2/01/2022 08:47:00 PM

Wednesday:
o At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

o At 8:15 AM, The ADP Employment Report for January. This report is for private payrolls only (no government). The consensus is for 208,000 payroll jobs added in January, down from 807,000 added in December.

o At 10:00 AM, the Q4 2021 Housing Vacancies and Homeownership from the Census Bureau.

On COVID (focus on hospitalizations and deaths):

COVID Metrics
Now
Week
Ago
Goal
Percent fully Vaccinated
63.8%

>=70.0%1
Fully Vaccinated (millions)
212.0

>=2321
New Cases per Day3
446,355
696,832
<=5,0002
Hospitalized3
129,637
144,898
<=3,0002
Deaths per Day3?
2,287
2,197
<=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 and hospitalizations are now declining.
Unfortunately, deaths are still rising, but well below the previous 7-day average record of 3,421 in January 2021.

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