U.S. economy remains sluggish and job market remains weak

Source: Calculated Risk Blog

As you can see from the graph, the 4-week moving average as been moving sideways for the last 10 months indicating a weak job market. Read more from the calculated risk blog here.

Even though this morning's release of U.S. economic indicators for August came in better than expected, growth will remain sluggish for at least another six months. Read more here.