Manufacturing went up 4.4 percent, above the 2.3 percent in the previous quarter and significantly outpacing the 2.3 percent annual growth for the whole 2016 and the 1.8 percent expansion for 2015.
Construction gained some steam in the first quarter (10.8 percent from 10.5 percent), expanding at the fastest pace since the second quarter of 2016. Meanwhile, the decline in agriculture was less pronounced this quarter (-2.0 percent compared to -2.9 percent in the preceding period). Contrastingly, utilities plunged 2.0 percent after growing 3.6 percent in the previous quarter.
On a quarterly basis, the economy expanded 0.9 percent, also above estimates of 0.7 percent growth and outpacing the 0.5 percent increase for the last three months of 2016.