I calculated the percentage of all deaths reported by the CDC that involved Covid-19. The data was last updated July 16. The total number of deaths is much lower for recent weeks because of a lag in processing of death certificates, but unless the lag for Covid-19 involved deaths is greater than deaths from other causes, the percentages still indicated that the pandemic (as measured by number of deaths) peaked in mid April and is now in decline. Reporting of surging infection rates is probably mostly a result of increased testing, but the discrepancy between number of infections and number of deaths is likely also due to improved treatments and the fact that new infections may be affecting healthier populations as compared to those infected in April.
Ending Involving All Causes Covid-19
Covid-19
04/18/20 16928 76133 22.2%
04/25/20 15261 73060 20.9%
05/02/20 12997 68319 19.0%
05/09/20 10983 65572 16.7%
05/16/20 8972 62896 14.3%
05/23/20 6984 59608 11.7%
05/30/20 5921 56843 10.4%
06/06/20 4738 55281 8.6%
06/13/20 3863 53233 7.3%
06/20/20 3258 51142 6.4%
06/27/20 2501 46892 5.3%
07/04/20 1440 36602 3.9%
07/11/20 413 19408 2.1%
04/18/20 16928 76133 22.2%
04/25/20 15261 73060 20.9%
05/02/20 12997 68319 19.0%
05/09/20 10983 65572 16.7%
05/16/20 8972 62896 14.3%
05/23/20 6984 59608 11.7%
05/30/20 5921 56843 10.4%
06/06/20 4738 55281 8.6%
06/13/20 3863 53233 7.3%
06/20/20 3258 51142 6.4%
06/27/20 2501 46892 5.3%
07/04/20 1440 36602 3.9%
07/11/20 413 19408 2.1%