Current Economic Trends
Overview Retail sales, services and construction rose in March, manufacturing slowing and facility investment staying flat. Job growth gained speed in April and consumer prices rose faster. Industrial production rose 0.8 percent from the previous month in March backed by strong services (up 1.2%, m-o-m and up 7.8%, y-o-y). Mining and manufacturing slowed (down 0.8%, m-o-m and up 4.7%, y-o-y). Industrial production rose 5.8 percent year on year. Retail sales (up 2.3%, m-o-m and up 10.9%, y-o-y) and construction investment (up 0.4%, m-o-m and down 5.7%, y-o-y) improved. Facility investme...