May 2025

EU Construction Sector Sees Mixed Momentum: Production Drops in May 2025 After April Surge

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EU Construction Sector Sees Mixed Momentum:In May 2025, construction production in the euro area dropped by 1.7% and by 1.3% in the EU compared to April 2025, according to Eurostat. This follows a strong upward revision in April’s growth figures. Despite the monthly decline, production rose 2.9% in the euro area and 2.7% in the …

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U.S Households Cut Spending by $29.3 Billion in May 2025 as Incomes Dip Sharply

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U.S Households Cut Spending by $29.3 Billion in May 2025:In May 2025, U.S. consumers faced financial pressure as personal income dropped by $109.6 billion and disposable income fell by 0.6%. Consumer spending declined by $29.3 billion, led by steep cuts in motor vehicle and gasoline purchases. While services spending slightly offset the downturn, the overall …

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