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economy and the numbers

  • Seven-Year Note Auction Attracts Average Demand May 28, 2026 13:11 ET

    Finishing off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Thursday revealed this month's auction of $44 billion worth of seven-year notes attracted average demand. The seven-year note auction drew a high yield of 4.290 percent...

  • U.S. Crude Oil Inventories Fall Less Than Expected May 28, 2026 12:05 ET

    A report released by the Energy Information Administration on Thursday showed crude oil inventories in the U.S. decreased by less than expected in the week ended May 22nd. The EIA said crude oil inventories slid by 3.3 million barrels last week after plunging by 7.9 million barrels in the previous...

  • U.S. New Home Sales Pull Back Sharply In April May 28, 2026 11:35 ET

    After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled back by much more than expected in the month of April. The Commerce Department said new home sales plunged by 6.2 percent to an annual rate of 622,000 in April after surging by 3.4 percent to a revised rate of 663,000 in March.

  • U.S. Economy Grows Less Than Previously Estimated In Q1 May 28, 2026 11:23 ET

    Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by less than previously estimated in the first quarter of 2026. The report said real gross domestic product shot up by 1.6 percent in the first quarter, reflecting a downward revision from the previously reported 2.0 percent surge.

  • U.S. Durable Goods Orders Spike 7.9% In April, Much More Than Expected May 28, 2026 11:02 ET

    A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured durable goods soared by much more than expected in the month of April. The Commerce Department said durable goods orders spiked by 7.9 percent in April after jumping by an upwardly revised 1.3 percent in March.

  • Belgium Inflation Rises To 16-month High In May May 28, 2026 10:55 ET

    Belgium's consumer price inflation accelerated in May to the highest level in nearly one-and-a-half years amid higher energy costs. The consumer price index climbed 4.08 percent year-over-year in May, faster than the 4.01 percent rise in April. Inflation based on energy quickened to 11.2 percent from 10.6 percent in April. Fuel costs were 27.3 percent more expensive.

  • U.S. Consumer Prices Climb 0.4% In April, Slightly Less Than Expected May 28, 2026 10:41 ET

    The Commerce Department released a report on Thursday showing consumer prices in the U.S. increased by slightly less than expected in the month of April. The report said the personal consumption expenditures (PCE) price index rose by 0.4 percent in April after climbing by 0.7 percent in March. Economists had expected prices to increase by 0.5 percent.

  • Irish Retail Sales Fall 0.5% In April May 28, 2026 10:30 ET

    Ireland's retail sales decreased for the first time in thirteen months in April. The volume of retail sales dropped a seasonally adjusted 0.5 percent year-on-year in April, reversing a 0.9 percent increase in the previous month. The largest annual volume of decline was recorded in furniture and lighting, which fell by 10.3 percent.

  • U.S. New Home Sales Pull Back Much More Than Expected In April May 28, 2026 10:11 ET

    After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled back by much more than expected in the month of April. The Commerce Department said new home sales plunged by 6.2 percent to an...

  • Croatia Q1 GDP Growth Weakest In 5 Years May 28, 2026 10:07 ET

    Croatia's economy grew at the slowest pace in just over five years in the first quarter of this year amid a slower growth in consumption and investments as well as the slump in exports and imports, preliminary data from the Croatian Bureau of Statistics showed on Thursday. Gross domestic product rose...

  • U.S. Jobless Claims Rise Slightly More Than Expected To 215,000 May 28, 2026 10:03 ET

    A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by slightly more than expected in the week ended May 23rd. The Labor Department said initial jobless claims climbed to 215,000, an increase of 5,000 from the previous week's revised level of 210,000. Economists had expected jobless claims to rise to 213,000.

  • Iceland Inflation Eases To 5-month Low In May May 28, 2026 09:53 ET

    Consumer price inflation in Iceland moderated slightly in May to the lowest level in five months. The consumer price index rose 5.1 percent year-on-year in May, slightly slower than the 5.2 percent rise in April. The CPI excluding housing costs was 4.6 percent higher than a year ago. The annual price growth for food and non-alcoholic beverages softened to 4.2 percent from 4.9percent.

  • Hungary Jobless Rate Falls To 4.5% May 28, 2026 09:24 ET

    Hungary's unemployment rate decreased during the February to April period. The unemployment rate stood at 4.5 percent in February to April, down from 4.7 percent in the January to March period. In the corresponding period last year, the jobless rate was 4.4 percent. The number of unemployed people was 218,500 compared to 226,400 in the previous three-month period.

  • U.S. GDP Jumps Less Than Previously Estimated In Q1 May 28, 2026 09:08 ET

    Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by less than previously estimated in the first quarter of 2026. The report said real gross domestic product shot up by 1.6 percent in the first quarter, reflecting a downward revision from the previously reported...

  • Sweden Economic Confidence Rises Slightly In May May 28, 2026 09:08 ET

    Sweden's economic sentiment increased marginally in May, and consumers expressed a slightly less pessimistic outlook. The economic tendency index rose to 99.3 in May from 99.2 in April. However, the index remained fractionally below the normal level of 100. Confidence among consumers remained less pessimistic in May, with the respective index rising to 92.4 from 91.7 in April.

Global Economics Weekly Update -May 18 – May 22, 2026

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.

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