Gathering Growth

GDP1The final reading of Q2 US GDP growth was just pegged at an annual rate of 4.6%. With this, US GDP growth has exceeded 3.5% for three of the past four quarters. Moreover, consumer spending is inching up, government headwinds — especially from Washington — are declining, and private investment and in particular commercial fixed investment is up. The big problems; non-existent median wage growth and a weak global economy.

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