Two things are true about the US economy: It is adding jobs and growing.
Economic growth over the last few years has been just so-so, though GDP is still growing about 2% annually.
Meanwhile, the labour market is on fire, with the economy adding more jobs in 2014 than any year since 1999.
But under the hood of the economy, we can see that consumer spending isn’t as poor as some monthly retail data may indicate, government spending is a net negative to economic growth, and healthcare costs are just through the roof.
Every day of every week of every month we get a ton of data thrown at us, but take a look through these slides and you’ll get a broad and complete picture of what’s going on in the economy right now.
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