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In this issue of the MetroIntelligence Economic Update, I covered the following indicator:
- CPI rises by 0.7% in February; up 2.0% over last 12 months
- Consumer confidence unexpectedly slumps in March
- Empire State Manufacturing Survey continued to improve modestly in March
- Industrial production increased by 0.7% in February as capacity utilization rises to 79.6%
- Mortgage applications dip by 4.7% in latest survey as rates rise
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