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COVID19 Charts Update

This is a syndicated repost courtesy of True Economics. To view original, click here. Reposted with permission.

As the U.S. and many parts of Europe are moving into the ‘second stage’ of COVID19 measures, relaxing some of the social distancing restrictions, here are some of the top-level stats on COVID pandemic evolution.

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Global view:

  • May 10, 2020 data adds 87,461 new cases globally and 4,524 new deaths.
  • This was the 7th highest number of new cases additions, and 36th highest day in terms of new deaths in 122 days of record.
  • Worryingly, Friday posted the second highest number of new cases increases at 94,158 on record, while Thursday posted 13th highest day in terms of deaths.
As chart below shows, there is no consistent trend in terms of reduction in global new cases or deaths:
If this situation persists, it is highly unlikely we will see much of the relaxation in international travel, as global pandemic is appearing to be shifting geographically, rather than abating in overall severity.
U.S. vs EU27 cases and deaths:
U.S. continues to post pretty poor numbers, while EU27 is showing some significant slowdown in the pandemic progression:

As chart above shows, U.S. now vastly leads the EU27 in terms of contagion numbers and rates.

  • Sunday ranks 28th in data history in terms of new cases reported, and 25th in terms of deaths reported in the U.S.
  • Sunday ranks 56th in new cases and 51st in terms of new deaths reported in the EU27.
  • The gap in the number of deaths reported over the entire pandemic to-date between the EU27 and the U.S. has now shrunk to 28,144 cases.
  • Adjusting for the 7 days differences in the onset of the pandemic, the U.S. death rate per capita now exceeds that of the EU27 (second chart below).
Note: “The death rate from seasonal flu is typically around 0.1% in the U.S., according to news reports”, per Current global running death rate (case fatality rate) for COVID19 is at 6.9% for confirmed cases. In the U.S., case fatality rate current runs at 6.02% and in the EU27 the rate is 11.1%.
Russia update: 
Russia continues to experience high rates of increases in new cases, with Sunday rate of 11,012 being the second highest on record, with the highest rate to-date of 11,231 recorded on May 8, 2020. The death rate recorded Sunday is at 88, ranked 7th in the history of the series.
BRICS update:
Key concerns forward:
Key concerns forward are now shifting toward ‘phase two’ risks. Shifting from complete shutdown of economic and social activities to restricted levels of activities risks potential re-igniting of the contagion, as underlying pools of disease remain high. Both Europe and the U.S. are in the situation where daily numbers of new cases and deaths remain well above the levels witnessed at the point of restrictions imposition. If these level were concern back then, why do the higher levels today not warrant continued restrictions?

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