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Thursday: Housing Starts, Unemployment Claims, Industrial Production and more

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by Calculated Risk on 12/15/2021 07:48:00 PM

Thursday:
o At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 200 thousand initial claims, up from 184 thousand last week.

o Also at 8:30 AM, Housing Starts for November. The consensus is for 1.570 million SAAR, up from 1.520 million SAAR.

o Also at 8:30 AM, the Philly Fed manufacturing survey for December. The consensus is for a reading of 27.0, down from 39.0.

o At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for November. The consensus is for a 0.7% increase in Industrial Production, and for Capacity Utilization to increase to 76.8%.

o At 11:00 AM, the Kansas City Fed manufacturing survey for December.

And on COVID:

COVID Metrics
Today
Week
Ago
Goal
Percent fully Vaccinated
61.1%

>=70.0%1
Fully Vaccinated (millions)
202.8

>=2321
New Cases per Day3
117,950
121,889
<=5,0002
Hospitalized3?
49,594
44,777
<=3,0002
Deaths per Day3?
1,143
1,122
<=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.

November Housing Starts: Most Housing Units Under Construction Since 1973

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