by Calculated Risk on 9/18/2022 08:34:00 PM
o Schedule for Week of September 18, 2022
o At 10:00 AM ET, The September NAHB homebuilder survey. The consensus is for a reading of 47, down from 49 in August. Any number below 50 indicates that more builders view sales conditions as poor than good.
Oil prices were down over the last week with WTI futures at $85.83 per barrel and Brent at $92.13 per barrel. A year ago, WTI was at $70, and Brent was at $73 – so WTI oil prices are up 23% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.64 per gallon. A year ago, prices were at $3.17 per gallon, so gasoline prices are up $0.47 per gallon year-over-year.