It was a busy week on the economic calendar for the week ending May 20, 2022. A total of 60 stats were monitored, following 45 stats in the week prior. Of the 60 stats, 32 beat forecasts, with 20 economic indicators falling short of forecast. Eight stats were in line with forecasts. Looking at the numbers, 25 of the stats reflected an upward trend. Of the remaining 35 stats, 34 stats were weaker. Out of the US Early in the week, retail sales and industrial production figures eased fears of an economic meltdown. In April, retail sales jumped 2.5%, with industrial production rising by 1.1%. On Thursday, jobless claims ... (full story)