Business Cycle Indicators, Mid-April Industrial production continues to rise, while February monthly GDP erased January’s decline. Figure 1: Nonfarm Payroll employment from CES (bold blue), civilian employment (orange), industrial production (red), personal income excluding current transfers in Ch.2017$ (bold green), manufacturing and trade sales in Ch.2017$ (black), consumption in Ch.2017$ (light blue), and monthly GDP in Ch.2017$ (pink), GDP, […]
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