As the White House scrambles to fix the many issues that still plague the multimillion-dollar failure known as healthcare.gov, and as Republicans digest Tuesday’s election results, the U.S. economy continues to plod along at a sluggish pace.
In fact, with all the news of the failed implementation of President Barack Obama’s health care law, it seems that jobs and the economy have gone largely ignored.
But how is the U.S. economy performing? In short, the U.S. economy is far from peak strength and there’s still a lot of work to be done.
And here to help illustrate the health of the economy is a collection of charts from Lance Roberts of STA Wealth Management.
Are we expanding or are we looking at yet another recession? The best way to answer that question is to look at the data and “draw your own conclusions,” Roberts notes.
The following is a view of the overall economy (charts represent an annualized rate of change).
“In some cases, where the data is extremely volatile, I have used a 3-month average to expose the underlying data trend,” Roberts wrote, adding that all special data adjustments have been noted.
Senior Director, Coldwell Banker New Homes Division
With over 200 condominium, townhome and loft projects successfully marketed
“Fewer properties for sale with such remarkably low interest rates make it a great time to sell but a more difficult time to buy”