The latest Producer Price Index showed wholesale prices fell in June as energy costs retreated sharply, while underlying inflation remained more subdued, offering a calmer inflation picture after May's energy-driven surge.
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Consumer inflation eased considerably during June as gasoline prices reversed course, while core prices were unchanged month-over-month and posted their smallest annual increase since early 2021.
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Month-over-month orders declined for a second straight month, but to a much smaller degree than April, while year-over-year totals remain robust. Get the key figures and context here.
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The number of units shipped decreased for a second straight month after rising in March and February.
Petroleum products continued to lift nondurable goods sales, while durables saw widespread acceleration as inventory-to-sales ratios continue to slide, indicating demand is outpacing stockpiles. Here, get a full breakdown of product vertical-specific figures for monthly and year-over-year sales and inventories from the latest government data.
The IMF’s July World Economic Outlook update projects 3.0% global growth in 2026, down 0.1 percentage point from April, as war-driven energy pressure and stalled disinflation offset technology investment gains.
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It followed a 4.5% April increase, marking a downtrodden start to the first meaningful month of cooling season.
U.S. construction spending edged higher in May, helped by continued public sector gains and residential improvement. Private nonresidential spending, however, declined for an eighth straight month. Get all the key data and charts here.
The economic indicator was expected to hold or modestly tick down, as indices for new orders and production both declined month-over-month.
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The figures suggest goods continued accumulating across distribution channels, albeit at a slower pace than April, and we'll find out if sales kept pace when the government's full wholesale trade report publishes July 8.
The U.S. economy grew faster in early 2026 than previously reported, but the upward revision was driven mostly by a lower imports estimate while consumer spending and key distributor-facing sectors softened.
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The value decrease followed a March surge, though the year-to-date remains robust vs. 2025.
ISM’s Spring 2026 Supply Chain Planning Forecast shows higher revenue, capital spending and capacity utilization expectations for both manufacturing and services.
The Fed held rates steady again in its June meeting, maintaining its benchmark range at 3.5%-3.75% while signaling that persistent inflation — rather than slowing growth — remains policymakers’ top concern in the first FOMC meeting led by new Chair Kevin Warsh.
It signals continued languishing market conditions, as April's decline was likewise revised sharply downward. May's figure was its lowest since the height of COVID-19 lockdowns.
