Tag: industrial production

Weekly Economic News: May 23, 2017

Housing starts declined for another month, while layoffs saw better than expected performance, and industrial production hit its highest point in three years. Housing  Building permits issued for the construction of private housing during April fell to an annual rate of 1.22 million, which was down 2.5 percent from March’s […]

Top Performing Industries

  Both the demand and producer side of the economy showed strong performance. Retail sales and industrial production exceeded market predictions. Meanwhile, layoffs remained in safe territory. Retail Sales Retail sales for June outpaced market expectations, with sales for the month growing 0.6 percent to hit $457.0 billion, instead of […]