by Calculated Risk on 4/17/2022 07:06:00 PM
o Schedule for Week of April 17, 2022
o At 10:00 AM ET, The April NAHB homebuilder survey. The consensus is for a reading of 77, down from 79. Any number above 50 indicates that more builders view sales conditions as good than poor.
Oil prices were up over the last week with WTI futures at $106.95 per barrel and Brent at $111.70 per barrel. A year ago, WTI was at $63 and Brent was at $66 – so WTI oil prices are up 70% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $4.06 per gallon. A year ago prices were at $2.85 per gallon, so gasoline prices are up $1.21 per gallon year-over-year.