Industrial Production & Retail Sales Rise
May 14, 2010 at 11:41 AM EDT
Retail sales rose in April—the seventh consecutive monthly increase, the government reported. Meanwhile, industrial production also rose last month—the third straight rise and the strongest since January. On a year-over-year basis, both measures are up sharply, suggesting that the broad trend in the economic recovery rolls on. Looking futher out, there’s still debate about the [...]