Today Through the Fourth Friday (22 to 28 days) Weather Outlook for the U.S. and a Six-Day Forecast for the World: posted August 12, 2024

This article focuses on what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term U.S. outlooks and a six-day World weather outlook which can be very useful for travelers.

First the NWS Short Range Forecast. The afternoon NWS text update can be found here after about 4 p.m. New York time but it is unlikely to have changed very much from the morning update. The images in this article automatically update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Mon Aug 12 2024
Valid 12Z Mon Aug 12 2024 – 12Z Wed Aug 14 2024

…Unsettled weather with chances for scattered flash flooding and
damaging wind gusts stretches from the Intermountain West to the
Mid-Mississippi Valley…

…Dangerous heat builds across the Southern Plains and Gulf Coast this
week…

…Critical Fire Weather and poor air quality remains throughout parts of
the Great Basin and Northwest…

An active August weather pattern is expected to continue through at least
midweek thanks in part to a stationary boundary stretching from the
Southeast to the central Plains and an upper-level trough moving from the
West Coast to the northern Rockies. Organized complexes of showers and
thunderstorms are forecast to ride along and just north of the stationary
front today from eastern Colorado to the Ozarks, with the main weather
hazard associated with intense rainfall rates and scattered flash
flooding. The heavy rainfall threat is then forecast to slide eastward
each day this week, centered over the Mid-Mississippi Valley on Tuesday
and Midwest by Wednesday. These areas coincide with a Slight Risk (level
2/4) of Excessive Rainfall. Additionally, some of the stronger storms will
have the potential to produce isolated hail and the potential for
localized damaging wind gusts. Thunderstorms will also develop throughout
parts of the Southwest, Intermountain West, and Rockies through Tuesday,
producing an isolated flash flood threat for these regions as well.

For the Southeast, the lingering frontal boundary will produce another few
days with scattered thunderstorm chances overlapping with saturated ground
conditions, particularly over the eastern Carolinas. Urban corridors and
locations with poor drainage (even more degraded than usual due to recent
heavy rain and flooding associated with T.S. Debby) will be most at risk.
Residents and visitors are advised to have multiple ways of receiving
warnings and never drive into flooded roadways.

While most of the country enjoys a break from the oppressive summer heat,
much of the southern Plains and Gulf Coast States will experience a
warming trend back to uncomfortable conditions this week. Widespread highs
into the upper 90s are forecast to stretch from the southern High Plains
to the Florida Panhandle, with triple digits possible over portions of the
Lone Star State. When combined with elevated humidity levels, heat indices
may reach up to around the 110 degree mark. Overnight temperatures will
not offer much relief as lows only dip into the upper 70s and low 80s.
This level of heat affects anyone without effective cooling and/or
adequate hydration as denoted by Major to Extreme HeatRisk stretching from
Oklahoma and Texas to the Gulf Coast and much of Florida by Wednesday.

Gusty winds combined with dry terrain are forecast to create Critical Fire
Weather across parts of northwest Nevada today. Meanwhile, ongoing
wildfires will also continue to pump additional smoke into the atmosphere
and produce poor air quality for much of the region.

cone graphic

To get your local forecast plus active alerts and warnings click HERE and enter your city, state or zip code.

Learn about wave patterns HERE.

Then, looking at the world and of course, the U.S. shows here also. Today we are looking at precipitation.

Please click on “Read More” below to access the full Daily Report issued today.

Today Through the Fourth Friday (22 to 28 days) Weather Outlook for the U.S. and a Six-Day Forecast for the World: posted August 11, 2024

This article focuses on what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term U.S. outlooks and a six-day World weather outlook which can be very useful for travelers.

First the NWS Short Range Forecast. The afternoon NWS text update can be found here after about 4 p.m. New York time but it is unlikely to have changed very much from the morning update. The images in this article automatically update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Sun Aug 11 2024
Valid 12Z Sun Aug 11 2024 – 12Z Tue Aug 13 2024

…Scattered thunderstorms capable of containing locally heavy rainfall
are forecast across much of the Southwest, Intermountain West, and
Plains…

…Lingering flash flood potential exists across the coastal Carolinas
over the next few days…

…Sultry summer heat returns to much of the Southern Plains and central
Gulf Coast States this week…

The weather pattern through early this week will feature daily chances for
thunderstorms from the Southwest and Intermountain West into the Plains,
as well as Florida and coastal sections of the Southeast. An upper level
low in southeast Canada will also provide scattered precipitation chances
to the Great Lakes and Northeast. Anomalous atmospheric moisture content
throughout the Southwest and Great Basin when combined with shortwaves
riding overtop of an upper ridge set up over the region will provide
enough coverage of thunderstorms to support the potential for scattered
flash flooding today from northwest Arizona to central Utah. Complex
terrain and the sensitive slot canyon region of Utah increase the threat
for flooding impacts. Additional chances for heavy rain extend to the
southern California ranges and the remainder of the Southwest and Four
Corners region over the next few days. Meanwhile, northwest flow aloft and
nearby frontal boundaries will help aid thunderstorm development across
the Great Plains. A few rounds of organized convection north of a warm
front forecast to stretch from Oklahoma to the lower Mississippi Valley
could lead to instances of flash flooding through tonight across parts of
eastern Oklahoma, southeast Kansas, southwest Missouri, and northwest
Arkansas. Localized downpours associated with thunderstorm activity are
also possible throughout the remainder of the central and northern Plains
today, with isolated severe storms a possibility for the central High
Plains into the Black Hills region. This unsettled weather pattern is
anticipated to remain in place early this week across the central United
States.

A lingering frontal boundary draped across the Southeast will provide a
focus for additional thunderstorm activity over the next few days,
overlapping with saturated ground conditions from last week’s widespread
heavy rainfall. As a result, localized downpours could result in
additional flash flooding throughout the coastal Carolinas. Residents and
visitors are reminded to avoid driving through flooded roadways and to not
swim or play in floodwater.

For much of the Nation, summer heat will be on hold to start the week as a
cooler weather pattern takes shape compared to previous weeks. However,
building heat will be felt throughout the southern Plains and Deep South
as highs soar back into the upper 90s and triple digits by Monday. When
combined with elevated humidity levels, afternoons will feel closer to
heat index values of 110 degrees in the lower Mississippi Valley and
immediate Gulf Coast. It is also worth noting that overnight temperatures
will not offer much relief as lows only dip into the upper 70s and low
80s. This level of heat could affect anyone without effective cooling
and/or hydration, so it is important to follow proper heat safety tips and
check on vulnerable individuals.

Elsewhere, poor air quality due to ongoing wildfires throughout the
northern Great Basin is expected to continue. Upper level winds are
forecast to carry smoke eastward over parts of the Midwest, Ohio Valley,
and Mid-Atlantic, leading to hazy skies for some locations.

To get your local forecast plus active alerts and warnings click HERE and enter your city, state or zip code.

Learn about wave patterns HERE.

Then, looking at the world and of course, the U.S. shows here also. Today we are looking at precipitation.

Please click on “Read More” below to access the full Daily Report issued today.

Book Review: Autocracy, Inc by Anne Applebaum

One of the most impressive aspects of the Ukraine war has been how over 40 countries, led by NATO, have rallied together to offer military, financial, and humanitarian support to Ukraine since the Russian invasion in February 2022.

But one of the most disturbing aspects has been how fellow autocratic regimes, notably China, Iran, and North Korea, have been providing substantial support to Russia.  Without this support, Russia’s war efforts would have most likely collapsed quite some time ago.  This is just one example of how modern autocracies are joining forces against their “common enemies”, the group of capitalist democracies and the rules-based world order, according to Anne Applebaum’s new book, Autocracy, Inc.: The Dictators Who Want to Run the World.


From photo by Andrea De Santis on Unsplash.

NOAA 2024 Atlantic Hurricane Season Outlook Issued on August 8, 2024 and Posted on August 10, 2024

 This is an update from the original Outlook issued in May.

The links lead to graphics that are very technical and IMO not too helpful but the links are HERE,  and HERE (and this pertains to the Eastern Pacific).

This is a good summary of the current Outlook compared to what was issued in May.

The above I believe just covers the Atlantic and is not much changed. They do not define the term ACE which is defined on the Colorado State Website as: “ACE is calculated by summing the square of the maximum sustained winds of each tropical cyclone (in knots) every six hours when the system is classified as either tropical or sub-tropical. The resulting value is then divided by 10,000. Details of the calculation are available on Wikipedia’s website:”  It is generally accepted that the impact of wind increases with the square of the wind speed so this measure is to some extent logical. Notice how this year is expected to compare to the 1991-2020 average which is considered climatology.

I will now present to full NOAA Press Release. Any comments by me will be in a box or I will simply highlight in bold type what I consider to be important or insert my thoughts within brackets [ ].

Some may need to click on “Read More” to access the full article.

Today Through the Fourth Friday (22 to 28 days) Weather Outlook for the U.S. and a Six-Day Forecast for the World: posted August 10, 2024

This article focuses on what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term U.S. outlooks and a six-day World weather outlook which can be very useful for travelers.

First the NWS Short Range Forecast. The afternoon NWS text update can be found here after about 4 p.m. New York time but it is unlikely to have changed very much from the morning update. The images in this article automatically update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Sat Aug 10 2024
Valid 12Z Sat Aug 10 2024 – 12Z Mon Aug 12 2024

…Unsettled weather extends from the Southwest to the central U.S. over
the next few days, with chances for scattered flash flooding and severe
thunderstorms…

…Lingering heavy rain potential exists across the eastern Carolinas this
weekend…

…Above average temperatures continue across the West today before
confining to the southern Plains and Gulf Coast by early next week…

The upper level pattern and anomalous atmospheric moisture content in
place across the Southwest and Plains will remain conducive for more
active weather through this weekend. Starting with the Southwest, Four
Corners, and southern/central Rockies, the main threat associated with
developing thunderstorms will be related to intense rainfall rates and
flash flooding. Uncertainty remains on where exactly the heaviest rainfall
will occur, but sensitive terrain and burn scars are most likely to see
impacts. This flash flooding threat also extends westward to the southern
California ranges through Sunday, where slow-moving thunderstorms over
complex terrain could lead to isolated flash flooding concerns. Shifting
to the central and southern Plains, convection is expected to become more
organized as a lingering frontal boundary provides a focus for heavy
rainfall potential from Oklahoma to southern Missouri. After an initial
round of storms over central Oklahoma tonight, another round of possibly
slow-moving convection is expected Sunday night from southeast KS and
northeast OK to the western Ozarks. Several inches of rainfall are
possible within a short period of time, which could lead to scattered
instances of flash flooding. Scattered thunderstorms are also forecast to
extend throughout much of the central and northern Plains, but quick
forward motions and lesser coverage should keep the flash flooding threat
localized. In addition to heavy rainfall, these storms could contain
isolated hail and damaging wind gusts.

After recently getting doused by T.S. Debby with several days of tropical
downpours, the eastern Carolinas may see additional bouts of heavy
rainfall over the next few days as sufficient atmospheric moisture content
remain in place along a stalled frontal boundary. This stationary front
combined with diurnal sea breeze activity could spark numerous slow-moving
thunderstorms capable of containing intense rainfall rates. Given most
soils remain overly saturated across the Carolinas, the flash flooding
threat will remain slightly elevated. Residents and visitors are advised
to have multiple ways of receiving warnings and never drive through
flooded roadways.

Temperatures throughout the Lower 48 into the beginning of next week will
feature widespread below average highs from the Plains to the Northeast
underneath broad high pressure, with forecast high temperatures in the 70s
and low 80s. Summer heat will remain confined to the Southern Tier,
including the Southwest today before a cooling trend commences. Meanwhile,
oppressive heat and humidity will continue and rebuild across the southern
Plains and Gulf Coast by Sunday and Monday as highs soar into the upper
90s and triple digits. This equates to around 10 degrees above the
climatological mean for mid-August, but forecast highs at the moment don’t
appear to threaten any daily records.

Elsewhere, continued dry conditions and ongoing wildfires will continue to
produce elevated fire weather conditions and poor air quality across parts
of the Northwest and northern Great Basin. Little changes in the overall
weather pattern should maintain this environment.

To get your local forecast plus active alerts and warnings click HERE and enter your city, state or zip code.

Learn about wave patterns HERE.

Then, looking at the world and of course, the U.S. shows here also. Today we are looking at precipitation.

Please click on “Read More” below to access the full Daily Report issued today.

09 AUG 2024 Market Close & Major Financial Headlines: Markets Opened Near The Unchanged Line And Trending Upward To Close Fractionally In The Green To Claw Back Aug 5th. Losses

Summary Of the Markets Today:

  • The Dow closed up 51 points or 0.13%,
  • Nasdaq closed up 0.51%,
  • S&P 500 closed up 0.47%,
  • Gold $2,468 up $4.20,
  • WTI crude oil settled at $77 up $0.89,
  • 10-year U.S. Treasury 3.940 down 0.057 points,
  • USD index $103.13 down $0.080,
  • Bitcoin $60,697 down $996 or 1.61%,
  • Baker Hughes Rig Count: U.S. +2 to 588 Canada -2 to 217

*Stock data, cryptocurrency, and commodity prices at the market closing.

Today’s Highlights:

  • Major Comeback on Wall Street: This recovery came after Monday’s significant losses, which marked the worst rout of the year. The CBOE Volatility Index, a measure of market fear, had soared to its highest levels since the pandemic earlier in the week.
  • Market Volatility and Economic Indicators: The week was marked by tremendous volatility, with Monday’s sell-off driven by concerns over a potential recession and weak economic indicators. However, by Thursday, a positive report on weekly jobless claims helped to reassure investors, leading to a rally where the S&P 500 and Nasdaq both gained over 2%.
  • Upcoming Economic Events: Looking ahead, significant economic data is expected, including the Consumer Price Index for July, which will be released on Wednesday. This data is crucial as it could influence the Federal Reserve’s decision on interest rate cuts, potentially as soon as September. Additionally, jobless claims and a consumer sentiment survey are expected later in the week, which will provide further insights into economic resilience and inflation expectations.
  • Individual Stock Movements: Nvidia was a focal point for investors, experiencing volatility throughout the week. Its stock closed slightly down as investors awaited further catalysts in the AI sector. Nvidia’s earnings report is anticipated at the end of the month, making it the last of the “Magnificent Seven” companies to report.

Click here to read our current Economic Forecast – August 2024 Economic Forecast: New Recession Flag


Today’s Economic Releases Compiled by Steven Hansen, Publisher:

The outlook for the U.S. economy is more mixed than three months ago, according to  the Philadelphia Fed’s Third Quarter 2024 Survey of Professional Forecasters. The panelists predict GDP will grow at an annual rate of 1.9% this quarter, down from 2.0% in the previous survey.  The forecasters also see higher unemployment rates across all horizons compared with the previous survey.

Median Forecasts for Selected Variables in the Current and Previous Surveys

Real GDP (%) Unemployment Rate (%) Payrolls (000s/month)
Previous New Previous New Previous New
Quarterly data:
2024:Q3 2.0 1.9 4.0 4.2 147.3 143.9
2024:Q4 1.5 1.7 4.0 4.3 129.7 125.4
2025:Q1 1.8 1.7 4.1 4.3 144.2 128.7
2025:Q2 2.0 1.8 4.1 4.3 108.7 116.2
2025:Q3 N.A. 2.2 N.A. 4.3 N.A. 145.8
Annual data (projections are based on annual-average levels):
2024 2.5 2.6 3.9 4.1 212.6 210.1
2025 1.9 1.9 4.1 4.3 140.6 130.0
2026 1.9 2.3 4.1 4.2 N.A. N.A.
2027 2.1 2.0 4.1 4.2 N.A. N.A.

 

Here is a summary of headlines we are reading today:

Click on the “Read More” below to access these, other headlines, and the associated news summaries moving the markets today.

NOAA Updates its ENSO Alert on August 8, 2024 – We Remain in ENSO Neutral – Published August 9, 2024

“Synopsis:  ENSO-neutral is expected to continue for the next several months, with La Niña favored to emerge during September-November (66% chance) and persist through the Northern Hemisphere winter 2024-25 (74% chance during November-January).”  

So we are really in ENSO Neutral but NOAA may not want to admit their forecast was wrong so they present it as waiting for La Nina. It is correct that we are in La Nina Watch but it is also correct that we currently remain in ENSO Neutral.

On the second Thursday of every month, NOAA (really their Climate Prediction Center CPC) issues its analysis of the status of ENSO. This includes determining the Alert System Status.  NOAA now describes their conclusion as “ENSO Alert System Status: La Nino Watch”

The exact timing of the transition is now less clear which should decrease the reliability of the Seasonal Outlook to be issued next Thursday.

We have included an ENSO Blog article by Tom Di  Liberto.

 >

CLIMATE PREDICTION CENTER ENSO DISCUSSION (LINK)

The second paragraph is what is important:

“The IRI plume indicates that Niño-3.4 is most likely to be below La Niña thresholds for four overlapping seasons, from September-November 2024 through December 2024 – February 2025.  Based on updated guidance and recent observations, the forecast team predicts nearly equal chances for ENSO-neutral and La Niña in August-October 2024, with higher odds for La Niña in September-November. Although the rate of SST cooling has been slower than previously anticipated, below-average subsurface temperatures and low-level easterly wind anomalies remain conducive to La Niña development in the coming months.  In summary, ENSO-neutral is expected to continue for the next several months, with La Niña favored to emerge during September-November (66% chance) and persist through the Northern Hemisphere winter 2024-25 (74% chance during November-January).”

Below is the middle paragraph from the discussion last month.

“Compared to the previous month, the most recent IRI plume delayed the emergence of La Niña to September-November 2024, with La Niña then persisting through the Northern Hemisphere winter.  The forecast team is also favoring a delayed development of La Niña this month, but is anticipating the transition to occur earlier (August-October).  This is, in part, supported by the continuation of below-average subsurface ocean temperatures and near-term forecasts suggesting a resurgence of easterly wind anomalies in July.  In summary, ENSO-neutral is expected to continue for the next several months, with La Niña favored to emerge during August-October (70% chance) and persist into the Northern Hemisphere winter 2024-25 (79% chance during November-January).”

We now provide additional details.

CPC Probability Distribution

Here are the new forecast probabilities. The probabilities are for three-month periods e.g. JAS stands for July/August/September.

Here is the forecast from last month.

The analysis this month and last month are a bit different with again the transition to La Nina being slower than thought last month. This seems to be a trend. The chart is clearer than the discussion in the summary report above.  The La Nina is slower to arrive and is projected to last perhaps one month less than previously forecast. I am not sure that we will actually have a La Nina.

Some will need to click on “Read More” to read the rest of this article.

Today Through the Fourth Friday (22 to 28 days) Weather Outlook for the U.S. and a Six-Day Forecast for the World: posted August 9, 2024

This article focuses on what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term U.S. outlooks and a six-day World weather outlook which can be very useful for travelers.

First the NWS Short Range Forecast. The afternoon NWS text update can be found here after about 4 p.m. New York time but it is unlikely to have changed very much from the morning update. The images in this article automatically update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Fri Aug 09 2024
Valid 12Z Fri Aug 09 2024 – 12Z Sun Aug 11 2024

…Dangerous flooding and severe weather continue as Debby accelerates
through the Mid-Atlantic and Northeast today…

…Below average temperatures persist across the Northern to Central
Plains, Upper to Mid Mississippi Valley…

…Above average temperatures continue across the West into the South, but
with less record highs compared to previous days…

…Elevated fire weather conditions and poor air quality continue across
Great Basin…

After a slow trek through the Carolinas over the last 24 hours, Debby is
simultaneously weakening and accelerating northeastward along the spine of
the Blue Ridge. Unfortunately, even in Debby’s weakened state, dangerous
flash flooding and severe weather will continue through tomorrow across
portions of the Carolinas, Mid-Atlantic, Interior Northeast, and New
England. Across the Carolinas, additional heavy rainfall is expected to
batter the region today, which will exacerbate ongoing catastrophic and
considerable flash flooding as storm total rainfall approaches 15-25
inches in spots. Closer to Debby’s immediate track, 3 to 7 inches of
rainfall across the Mid-Atlantic and Northeast states will produce
considerable to locally catastrophic flooding impacts through tomorrow
morning. The same cells responsible for this dangerous and prolific
rainfall are also capable of producing a few tornadoes. In the short term
this morning, a few tornadoes remain possible across portions of the
Mid-Atlantic (North Carolina, Virginia, and Maryland), although the risk
will shift into the Northeast (New Jersey, eastern Pennsylvania, and
southeast New York) later today.

The northeast acceleration of Debby is in response to the large scale
closed low associated with a strong cold front stretching from the Great
Lakes, southwestward through the Plains. Below average temperatures in
the wake of this strong front already encompass the Northern to Central
Plains, Upper to Middle Mississippi Valley and Great Lakes, which will
plunge southward into portions of the Southern Plains, Ohio Valley, and
Tennessee Valley today and tomorrow. The forecast remains on track for a
few record low maximum temperatures today across portions of the Central
Plains into the Middle Mississippi Valley and over northern Minnesota with
forecast high temperatures nearly 20-25 degrees below normal.

In contrast, above average temperatures will continue over the next few
days across much of the West into Texas, the South, and Gulf Coast as the
front stalls out to the north. A few record highs still possible across
portions of the central to eastern Gulf Coast over the next few days,
although the number of overall record highs across the country continue to
decrease from previous days. Even with less record high potential, the
current heat has led to a swath of Heat Advisories across portions of
southeast Texas and eastward along the Gulf coast.

In addition to the heat across portions of the Northwest and West, the dry
conditions, low relative humidities and gusty winds will maintain a fire
weather threat tomorrow over northern Nevada and southern Idaho. Smoke
from current fires will also continue to produce poor air quality across
the Pacific Northwest in general.

To get your local forecast plus active alerts and warnings click HERE and enter your city, state or zip code.

Learn about wave patterns HERE.

Then, looking at the world and of course, the U.S. shows here also. Today we are looking at precipitation.

Please click on “Read More” below to access the full Daily Report issued today.

08 AUG 2024 Market Close & Major Financial Headlines: The Three Major Indexes Opened In The Green, Climbed To Match The Last Sessions High Mark, And Closing Near Today’s Session Highs

Summary Of the Markets Today:

  • The Dow closed up 683 points or 1.76%,
  • Nasdaq closed up 2.87%,
  • S&P 500 closed down 2.30%,
  • Gold $2,462 up $30.00,
  • WTI crude oil settled at $76 up $0.88,
  • 10-year U.S. Treasury 3.994 up 0.026 points,
  • USD index $103.21 up $0.020,
  • Bitcoin $59,465 up $4,324 or 7.84%,

*Stock data, cryptocurrency, and commodity prices at the market closing.

Today’s Highlights:

US stocks experienced a significant rally on Thursday, buoyed by a drop in weekly initial jobless claims, which eased concerns about the labor market’s health.

  • Market Performance: The S&P 500 marking its largest single-day gain since November 2022.
  • Jobless Claims Data: The U.S. Labor Department reported that initial jobless claims fell to 233,000 for the week ending August 3, down from 250,000 the previous week and below economists’ expectations of 240,000. This positive data provided a much-needed boost to investor sentiment after a recent disappointing jobs report that had raised recession fears.
  • Individual Stock Movements: Eli Lilly saw a notable increase in its shares, soaring over 9% after it raised its annual revenue and profit forecasts due to strong sales of its weight-loss drug. Conversely, Nvidia faced volatility, with its stock fluctuating but ultimately ending the day down about 5% after earlier gains.

This rally comes after a turbulent week for Wall Street, where stocks had seen significant declines amidst fears of an economic slowdown. The jobless claims data appears to have provided a temporary reprieve from these concerns, although ongoing scrutiny of the labor market remains.


Click here to read our current Economic Forecast – August 2024 Economic Forecast: New Recession Flag


Today’s Economic Releases Compiled by Steven Hansen, Publisher:

June 2024 sales of merchant wholesalers were up 2.4% from the revised June 2023 level. Total inventories of merchant wholesalers were up 0.1% from the revised June 2023 level. The June inventories/sales ratio for merchant wholesalers was 1.37. The June 2023 ratio was 1.40. The inventory to sales ratio is an indicator of a recession IF the ratio becomes larger – and today this ratio is near the levels associated with recessions. There is something skewed in the data so I do not trust the data in this series to risk making any predictions.

In the week ending August 3, the advance figure for seasonally adjusted initial unemployment claims 4-week moving average was 240,750, an increase of 2,500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 238,000 to 238,250. Initial claims continues to modestly increase BUT remains below the levels one year ago. At this point, the data is not indicating a recession is looming.

 

Here is a summary of headlines we are reading today:

Click on the “Read More” below to access these, other headlines, and the associated news summaries moving the markets today.

Today Through the Fourth Friday (22 to 28 days) Weather Outlook for the U.S. and a Six-Day Forecast for the World: posted August 8, 2024

This article focuses on what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term U.S. outlooks and a six-day World weather outlook which can be very useful for travelers.

First the NWS Short Range Forecast. The afternoon NWS text update can be found here after about 4 p.m. New York time but it is unlikely to have changed very much from the morning update. The images in this article automatically update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Thu Aug 08 2024
Valid 12Z Thu Aug 08 2024 - 12Z Sat Aug 10 2024

...Debby is forecast to spread excessive rainfall, strong winds and
thunderstorms up through much of the Mid-Atlantic/Central Appalachians and
Northeast through Saturday morning...

...Excessive Heat concerns continue across the Deep South while cooler air
settles over the Central U.S. through the end of the week...

...Monsoonal storms persist over parts of the Southwest, Four Corners and
High Plains...

Tropical Storm Debby is likely to weaken as it moves from the South
Carolina coast and into the Carolina Piedmont tonight before weakening
into a Tropical Depression sometime on Friday while it moves up into the
Central Appalachians of Virginia, Maryland and Pennsylvania. Debby is
expected to produce an additional 4 to 8 inches of rainfall with locally
higher amounts, across portions of southeastern North Carolina leading to
maximum storm total amounts as high as 15 inches. There's a High Risk (at
least 70%) of Excessive Rainfall leading to Flash Flooding from coastal
North Carolina, into the Piedmont and up through the Blue
Ridge/Appalachians of Virginia. Considerable flooding is expected across
portions of eastern South Carolina and southeast North Carolina through
Friday.

From central North Carolina northward across portions of Virginia, 3 to 7
inches with local amounts to 10 inches, are expected through Friday. This
rainfall will likely result in areas of considerable flash and urban
flooding, with river flooding possible. From portions of Maryland north
through Upstate New York and Vermont, 2 to 4 inches, with local amounts to
6 inches, are expected through Friday night. This will likely result in
areas of considerable flash and urban flooding as well as river flooding.
There's a Moderate Risk (at least 40%) of Excessive Rainfall over portions
of north-central Virginia up through central Pennsylvania/New York for
Friday as Debby moves up the spine of the Appalachians. Things rain, wind
and thunderstorms should come to an end on Saturday when Debby gets swept
up into a powerful upper low propagating across southern Canada.

Elsewhere, a strong cold front associated with the potent upper low in
Canada will drag an anomalously cool airmass down into the mid-section of
the country. High temperatures in the 60s and 70s across the
Northern/Central Plains and Upper/Middle Mississippi Valley will represent
a 15-25 degree negative anomaly for those areas, where some records may be
tied or broken. Strong southerly flow beneath a building mid-level ridge
will support the continuation of a heat wave from Texas into the central
Gulf Coast. Heat Advisories and isolated Excessive Heat Warnings are in
effect for those areas. Conditions should improve a bit this weekend
before worsening again next week.

Monsoonal storms will continue over much of the Southwest, Four Corners
and High Plains over the next few days. Diurnal convection along a stalled
out surface front will promote intense afternoon/evening storms capable of
producing heavy rainfall. A pair of Slight Risks (at least 15%) of
Excessive Rainfall (one today and one on Friday) are in effect across
portions of the Sangre De Cristo Mountains. Wildfires in the Northwest
will contribute to poor air quality over much of Oregon and western
Washington State. Heat Advisories are also in effect for western
Washington.

To get your local forecast plus active alerts and warnings click HERE and enter your city, state or zip code.

Learn about wave patterns HERE.

Then, looking at the world and of course, the U.S. shows here also. Today we are looking at precipitation.

Please click on “Read More” below to access the full Daily Report issued today.