• Schedule for Week of April 16, 2023
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for April. The consensus is for a reading of -18.0, up from -24.6.
• At 10:00 AM, The April NAHB homebuilder survey. The consensus is for a reading of 45, up from 44. Any number below 50 indicates that more builders view sales conditions as poor than good.
Oil prices were up over the last week with WTI futures at $82.52 per barrel and Brent at $86.31 per barrel. A year ago, WTI was at $107, and Brent was at $111 – so WTI oil prices are down about 23% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.65 per gallon. A year ago, prices were at $4.05 per gallon, so gasoline prices are down $0.40 per gallon year-over-year.