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Let's get the bad news out of the way first. Q1 2016 GDP % growth rate was a dismal .8% and is reflective of an economy losing steam as suggested by the downward trend in GDP as presented below: The principal culprit for this weak performance is B2B Industrial output which is being dragged down by persistently low commodity (metals,… read more →

Various measures of employment and personal income, while arguably uninspiring for a recovery, point to improving economic health for the U.S. consumer.  More specifically, first time jobless claims have maintained a downward slope over the last twelve months and the monthly change in non-farm payrolls has trended up over the last twelve months with recent October and November jobs data… read more →