The Week In Numbers report – Apr 28th, 2023

Brief

This report covers the 17th week of the year spanning Friday, April 21st, through Friday, April 28th, 2023.

• Solana (SOL) is the top performing asset up 134.6% YTD
• The US National Debt reported by the Treasury department shows the debt has been higher than the approved congressional limit for over 13 weeks

View the header image in full screen

Economic Reports

Monday Apr 24th

• No notable economic reports

Tuesday Apr 25th

• Consumer Confidence for April was 101.3, less than the expected 104.1 and less than last month’s 104.0
• New Home Sales for March increased 9.6% or 683,000 annual adjusted rate, more than the expected increase of 630,000 and more than last month’s increase of 623,000

Wednesday Apr 26th

• Durable Orders for March increased 3.2%, more than the expected increase of 0.7% and more than last month’s decrease of 1.2%
• Durable Goods –ex transportation for March increased 0.3%, more than the expected decrease of 0.1% and more than last month’s decrease of 0.3%
• Adv. Retail Inventories for March increased 0.7%, more than last month’s increase of 0.3%
• Adv. Wholesale Inventories for March increased 0.1%, less than last month’s increase of 0.1%

Thursday Apr 27th

• Initial Jobless Claims for last week decreased by 16,000 to 230,000 new claims, less than the expected 245,000
• Continuing Jobless Claims decreased by 3,000 to 1.858 million
• GDP-Adv. for Q1 increased 1.1%, less than the expected increase of 2.0% and less than last week’s increase of 2.6%
• Chain Deflator-Adv. for Q1 increased 4.0%, more than the expected increase of 3.7% and more than last week’s increase of 3.9%
• Pending Home Sales for March decreased 5.2%, less than the expected increase of 1.0% and less than last month’s increase of 0.8%

Friday Apr 28th

• Employment Cost Index for Q1 increased 1.2%, more than the expected increase of 1.1% and more than last quarter’s increase of 1.1%
• Personal Income for March increased 0.3%, more than the expected increase of 0.2% and less than last month’s increase of 0.3%
• Personal Spending for March decreased .0%, more than the expected decrease of 0.1% and less than last month’s increase of 0.1%
• PCE Prices for March increased 0.1%, less than the expected increase of 0.1% and less than last month’s increase of 0.3%
• PCE Prices – Core for March increased 0.3%, less than the expected increase of 0.3% and less than last month’s increase of 0.3%
• Chicago PMI for April was 48.6, more than the expected 43.4 and more than last month’s 43.8
• Univ. of Michigan Consumer Sentiment – Final for April was 63.5, less than the expected 63.5 and less than last month’s 63.5

Next Week’s Major Reports

• ISM Manufacturing Index – Monday May 1st
• JOLTS – Job Openings – Tuesday May 2nd
• ISM Non-Manufacturing – Wednesday May 3rd
• FOMC Rate Decision – Wednesday May 3rd
• Nonfarm Payroll- Friday May 5th

See more Economic News at Briefing.com or learn about each economic report on our education page

US Stocks

US stocks were up an average of 0.53% this week ending on the week on their highs. Communication Services were up 3.76% followed by Information Technology up 2.43%.

Global Stocks

European stocks were largely down a little this week while Asian stocks were largely up a little.

Currencies

The US Dollar (USD) gain the most this week against the Colombian Peso (COP) up 4.09%.

Commodities

• Average US Regular Gas Price – decreased 0.7 cents or 0.19% this week to $3.656 a gallon. See more about US Regular Gas Prices.
• EIA Crude Oil Inventories – decreased by 5.05M barrels last week compared to prior week decrease of 4.58M
• EIA Natural Gas Inventories – increased 79 bcf last week compared to prior week increase of 75 bcf (billion cubic feet)

Interest Rates

• Federal Funds Effective Rate – remained the same this week at 4.83% with the target rate between 4.75-5.00% since the March 22nd, 2023 increase of 25 basis points. See more about the Federal Funds Rate.
• 30 Year Average US Mortgage Rates – increased this week to 6.43% from 6.39% last week. Learn more about 30 year mortgage rates.
• MBA Mortgage Applications Index – increased by 3.7% this week compared to the prior week decrease of 8.8%

Cryptocurrencies

• Total Crypto Market Cap – increased 4.51% or 51.9B this week to 1,203B
• Bitcoin Supply – 6,071 more Bitcoin have been mined this week, the total supply is now 19,358,826 out of the max supply of 21M. The max supply is 92.18% mined.

Other Fascinating Stats

The US National Debt increased 1.40 billion (Wednesday Apr 19th to Wednesday Apr 26th), to a total debt of $31,458,014,678,320.26 according to the Treasury Department. The National Debt has surpassed congresses approved debt limit of 31.381 trillion for over 13 weeks now. See the Debt to the Penny.

The number of solar Sunspots (magnetic storms on the surface of the sun) increased this week to 136 from 97 last week, the sun has had 0 spotless days in 2023. See more about Sunspots and space weather.

NASA has cataloged 0 new exoplanets this week, the total remains at 5,338 confirmed and catalogued Exoplanets across 4,155 confirmed Planetary Systems. 97 Exoplanets have been confirmed this year so far and there are 9,443 Exoplanet Candidates being evaluated for confirmation. Learn about all of the Exoplanets from NASA’s Exoplanet Catalog.