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U.S. crude oil inventories fell by 6.1 million barrels last week, leaving stocks 7% below the five-year average. Refiner...
06/24/2026

U.S. crude oil inventories fell by 6.1 million barrels last week, leaving stocks 7% below the five-year average. Refinery utilization remained strong at 96.1%, while overall petroleum demand rose 2.1% from a year ago despite weaker gasoline consumption.

U.S. new home sales fell to a 580K annual pace in May, down 7.3% from April and 6.8% from a year ago. Inventory rose to ...
06/24/2026

U.S. new home sales fell to a 580K annual pace in May, down 7.3% from April and 6.8% from a year ago. Inventory rose to 496K homes and months' supply increased to 10.3, while median prices held steady near $425K. Housing demand remains soft despite stable pricing.

U.S. initial jobless claims fell to 226K from 230K, signaling continued labor market resilience. But continuing claims r...
06/18/2026

U.S. initial jobless claims fell to 226K from 230K, signaling continued labor market resilience. But continuing claims rose to 1.81M and moving averages increased, suggesting unemployed workers are taking longer to find jobs even as layoffs remain relatively contained.

U.S. crude oil inventories fell by 8.3 million barrels as refinery utilization climbed to 96.7%. Petroleum demand remain...
06/17/2026

U.S. crude oil inventories fell by 8.3 million barrels as refinery utilization climbed to 96.7%. Petroleum demand remains solid, with total products supplied up 3.3% from a year ago, though gasoline demand continues to lag slightly behind last year's levels.

U.S. business sales rose 1.2% in April and were up 8.7% from a year ago, while inventories increased just 0.5%. The inve...
06/17/2026

U.S. business sales rose 1.2% in April and were up 8.7% from a year ago, while inventories increased just 0.5%. The inventory-to-sales ratio fell to 1.31 from 1.38 last year, suggesting demand continues to outpace inventory growth across the economy.

U.S. retail sales climbed 0.9% in May to $763.7B, beating April’s revised 0.4% gain. Sales were up 6.9% from a year ago,...
06/17/2026

U.S. retail sales climbed 0.9% in May to $763.7B, beating April’s revised 0.4% gain. Sales were up 6.9% from a year ago, led by strong online retail activity and gasoline station sales. Consumer spending remains a key source of economic strength.

U.S. housing construction weakened in May. Housing starts fell 15.4% to a 1.177M annual rate, while completions dropped ...
06/16/2026

U.S. housing construction weakened in May. Housing starts fell 15.4% to a 1.177M annual rate, while completions dropped 8.1%. Permits were nearly unchanged, suggesting future activity may stabilize, but multifamily construction remains a major drag on the sector.

U.S. trade-price inflation accelerated in May. Import prices rose 1.9%, driven by a 12.5% jump in fuel costs, while expo...
06/16/2026

U.S. trade-price inflation accelerated in May. Import prices rose 1.9%, driven by a 12.5% jump in fuel costs, while export prices increased 1.3% for a sixth straight monthly gain. Energy, industrial supplies, and capital goods were key drivers of higher prices.

U.S. industrial production rose 0.1% in May, extending recent gains. Manufacturing was flat, but mining jumped 1.3% and ...
06/15/2026

U.S. industrial production rose 0.1% in May, extending recent gains. Manufacturing was flat, but mining jumped 1.3% and business equipment output increased 0.6%. Capacity utilization edged up to 76.2%, signaling modest improvement in industrial activity.

New York manufacturing continued to expand in June, but growth slowed sharply. The Empire State index fell to 5.7 from 1...
06/15/2026

New York manufacturing continued to expand in June, but growth slowed sharply. The Empire State index fell to 5.7 from 19.6, while employment rose for a fifth straight month. Supply availability worsened and price pressures remained elevated despite ongoing optimism about future activity.

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