While I haven't look at recent data, my understanding is that new covid strains are, on average, getting less deadly and but more contagious as time moves forward. If that is still the case, then what we are really looking at now is an manageable endemic virus instead of a pandemic emergency, it's becoming more and more like the flu. It's important to remember that the flu was originally a pandemic that killed millions world wide and then became manageable and endemic. The prevailing scientific belief is that most viruses will slowly become more contagious and less deadly over time as those are the mutations most likely to survive. As the death rates continue to drop over time it's hard to really call it a pandemic anymore.