Economy

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US construction spending ticks up 0.1pc in May

The total remained 1.5% below the level seen a year earlier, with spending over the first five months of 2026 down 2.7% on the same period in 2025.Private‑sector construction was broadly unchanged at $1.67trn, with residential spending ticking up 0.3% to $930.2bn and non‑residential activity slippi…

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Economy
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Gilts Look Favorable Over the Long Term, Says BlackRock — Market Talk

U.K. government bonds look appealing in comparison to other developed-market government bonds over the long term, BlackRock's head of portfolio research Vivek Paul says at BlackRock's 2026 midyear outlook media roundtable. Gilts already have a term premium priced in and they offer attractive yields…

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BondsEconomy
NEWS reuters

TABLE-US May construction spending data

July 1 (Reuters) - U.S. Commerce Department seasonally adjusted annual rates of construction spending, with comparisons: PERCENT CHANGE: May Apr May'26/25 Total spending 0.1 0.3 -1.5 Private spending 0.0 0.3 -2.1 Residential…

Reuters en
Economy
NEWS reuters

US May construction spending data

July 1 (Reuters) - For the U.S. Commerce Department's construction spending report, see: https://www.census.gov/construction/c30/pdf/release.pdf ((Washington newsroom))

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Economy
NEWS reuters

Fed's Warsh hopes policy can be geared to realtime data within a year

By Howard SchneiderU.S. Federal Reserve Chairman Kevin Warsh set an ambitious timeline on Wednesday for the Fed to begin relying on new technology that delivers real-time data about the economy and be less tied to backward-looking government surveys."My aspiration is that 9 to 12 months from now we…

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Economy
NEWS reuters

Factory activity was strong in June despite war-driven cost pressures, PMIs show

By Jonathan Cable, Leika Kihara and Lucia MutikaniEuro zone manufacturing output closed out its best quarter since early 2022 last month as U.S. factory activity grew for a sixth straight month and an AI boom powered Asian producers, business surveys showed on Wednesday, offering some relief from t…

Reuters en
Economy