Summary: In the US, jobs growth is very strong, although wage growth is low and underemployment rates remain high. The private sector is growing well above average, although growth in industrial production has slumped. Some leading indicators, which try to forecast where the economy is heading, are positive.
Key take-out: There are still some legacy issues, but most statistics show the US economy is quite healthy and getting healthier.
Key beneficiaries: General investors. Category: Economy.