In this separate issue of the MetroIntelligence Economic Update, I covered the following indicators:
- Consumer sentiment rises to seven-year high in November
- Retail sales rebounded strongly in October, heralding a strong holiday sales season
- Empire State Manufacturing Survey continued to expand in November
- Industrial production edged down slightly in October as capacity utilization remains slightly below long-term average
- Business inventories rose slightly in September as sales remained flat
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