With aircraft demand pulling back sharply following recent strength, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods tumbled by more than expected in the month of July.The Commerce Department said durable goods orders plunged by 5.2 percent in July after surging by a revised 4.4 percent in June.Economists had expected durable goods order...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.