The US economy continues to perform solidly. While GDP growth has been modest, jobs growth remains solid and inflation is edging up. There are signs that consumption growth is starting to moderate but at the same time business investment indicators are showing signs of life. The Fed remains on track to increase rates in December.The latest indicators suggest that the US GDP continues to grow at a modest rate. With productivity growth subdued, this is enough to generate solid employment growth. The unexpectedly weak August business survey readings were reversed in September. The manufacturing ISM measure returned into ... (full story)