Current Economic Trends
In November, retail sales increased while industrial production, services production, facilitiesinvestment, and construction investment decreased from the previous month. In December, jobgrowth decreased and consumer prices continued to moderate. In November, total production fell (down 0.4% m-o-m and down 0.3% y-o-y), as industrial production(down 0.7% m-o-m and up 0.1% y-o-y), services production (down 0.2% m-o-m and up 1.0% y-o-y),construction production (down 0.2% and down 12.9% y-o-y) declined. In November, retail sales (up 0.4% m-o-m and down 1.9% y-o-y) rose, while facilities in...