Econoday, Inc.

Economic events and analysis expertise. We offer print and digital solutions as well as weekly US and global economic commentaries, articles and podcasts.

[Econoday, Inc. @Econoday]

The 2026 Econoday Economic Journal is almost sold out. We’ve lowered the price to $39.99 to move the last few copies. If you’ve been waiting to order, this is your last chance. https://t.co/qdKioi56pA

[Econoday, Inc. @Econoday]

U.S. crude inventories surged 17.4M barrels as imports jumped 1.14M bpd, even with refinery utilization at 96.2%. Gasoline and distillate stocks remain 6% and 12% below seasonal norms, while total 4-week petroleum demand is down 2.1% YoY.

[Econoday, Inc. @Econoday]

July CPI rose just 0.1%, while annual inflation eased to 3.4% and core inflation slowed to 2.5%. Shelter drove most of the monthly increase, while energy fell 1.5%. Inflation is moderating, though energy prices remain 14.7% above a year ago.

[Econoday, Inc. @Econoday]

Existing-home sales fell 1.7% in July to a 4.06M annual rate, but remained 0.7% above last year. Inventory slipped, prices rose 2% to $434,100, and affordability improved despite a 6.54% average mortgage rate.

[Econoday, Inc. @Econoday]

July jobs report was weak: payrolls fell 23K, while May and June were revised down by another 103K combined. Unemployment dipped to 4.1%, but labor-force participation fell to 61.4%. Wage growth slowed to 3.2% YoY.

[Econoday, Inc. @Econoday]

U.S. weekly jobless claims edged up to 199K from 198K, but the 4-week average fell to 198.8K and the insured unemployment rate held at 1.2%. Layoffs remain historically low, suggesting the labor market continues to show resilience despite modest week-to-week fluctuations.

[Econoday, Inc. @Econoday]

U.S. crude oil inventories rose by 2.5 million barrels last week, but gasoline and distillate stocks continued to decline and remain well below historical averages. Refineries operated at a strong 96.5% utilization, pointing to a still-tight refined fuels market despite a modest increase in crude supplies.

[Econoday, Inc. @Econoday]

U.S. services growth remained solid in July as the ISM Services PMI® edged up to 54.1%. Business activity and new orders strengthened, but hiring slipped back into contraction and price pressures accelerated, showing demand remains resilient while inflation and labor challenges persist.

[Econoday, Inc. @Econoday]

U.S. trade deficit narrowed to $73.3B in June from $77.6B in May as imports fell more than exports. Goods imports dropped sharply, the services surplus improved, and the year-to-date trade deficit is down nearly 34% versus the first half of 2025.

[Econoday, Inc. @Econoday]

U.S. construction spending slipped 0.1% in June to a $2.17T annual rate and was down 3.2% from a year ago. Residential construction continued to weaken, manufacturing projects remained sharply lower, while public construction was steady and private nonresidential spending edged higher.

[Econoday, Inc. @Econoday]

U.S. consumer sentiment improved in July, with the University of Michigan index rising to 55.2, up 11.5% from June. Inflation expectations eased slightly, but consumers remain concerned about high prices, leaving sentiment still 10.5% below year-ago levels.

[Econoday, Inc. @Econoday]

U.S. GDP grew at a 1.5% annualized pace in Q2, slowing from 2.1% in Q1. Consumer spending remained strong, but weaker government spending and higher imports weighed on growth. Private domestic demand strengthened, while inflation measures stayed elevated.

[Econoday, Inc. @Econoday]

U.S. initial jobless claims rose to 197K last week (+9K), but the broader trend remains favorable as the 4-week average fell to 202.8K and continued claims declined to 1.782M. Overall, layoffs remain low and the labor market continues to show resilience.

[Econoday, Inc. @Econoday]

U.S. consumers kept spending in June as personal income rose 0.2% and real consumer spending increased 0.4%. Monthly inflation eased, with the headline PCE price index falling 0.1%, while the personal saving rate remained low at 2.7%.

[Econoday, Inc. @Econoday]

U.S. crude oil inventories dropped by 7.2 million barrels as refineries operated at a strong 97.2% of capacity. Crude supplies remain below seasonal averages, while distillate and jet fuel demand continue to outpace last year despite slightly softer gasoline consumption.

[Econoday, Inc. @Econoday]

FHFA: U.S. house prices rose 0.3% in May and are 2.2% higher than a year ago. Home values continue to climb nationally, but annual appreciation has slowed, with significant regional differences as the Pacific continues to lag while the Middle Atlantic leads.

[Econoday, Inc. @Econoday]

U.S. durable goods orders edged up 0.3% in June after May's sharp decline. Shipments rose 0.7%, core capital goods orders increased 0.9%, and manufacturing backlogs continued to grow—signs that manufacturing activity remains resilient despite uneven monthly demand.

[Econoday, Inc. @Econoday]

U.S. new home sales edged up to a 628K annual pace in June (+1.6% from May), but remained 5.6% below last year. Inventory stayed high at a 9.3-month supply while median and average home prices declined, pointing to a housing market that remains soft despite a modest pickup in sales.

[Econoday, Inc. @Econoday]

U.S. jobless claims fell sharply to 187,000 last week, down 22,000 from the prior week. The four-week average also declined, while the insured unemployment rate held at 1.2%, pointing to continued strength and stability in the labor market.

[Econoday, Inc. @Econoday]

U.S. refinery utilization remained strong at 96.1% as gasoline and distillate production increased. Crude oil inventories rose 2.0 million barrels but remain below historical averages, while gasoline, distillate, and jet fuel demand continue to outpace last year's levels.

[Econoday, Inc. @Econoday]

Consumer sentiment rose for the second straight month in July, climbing to 54.4, the highest since February as lower gas prices boosted confidence. One-year inflation expectations eased to 4.2%, but consumers remain cautious with sentiment still nearly 12% below last year's level.