Wells Fargo Weekly Economic & Financial Commentary – April 17, 2015
Economic Spring Awakening
Most economic indicators this week returned to positive growth after weakness earlier in the winter; however, the pace of that growth is still fairly low.
Retail sales, producer prices, manufacturing production and housing starts all reversed prior negative trends this week.
Headline industrial production fell due to mild weather reducing demand for utilities and ongoing weakness in the energy sector.
Consumer prices accelerated slightly in March and the core CPI rose slightly on a year-over-year basis.
Click here to read the full Wells Fargo Weekly Economic & Financial Commentary – April 17, 2015.
Tags: economy