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RE: Charts that show the economy rolling over just like 2006-2009 --- does not look good

in #business7 years ago

These drops all seem reasonable to me. In an economy growing 2 to 2 1/2 percent a year, having loan growth in high single or double digits is unsustainable. That's how we got into trouble before the last crisis. I'd focus on employment growth, which looks pretty good and business investment, which was crappy in 2016, but was very strong in the first part of this year.

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June numbers were seasonal....2nd largest I believe was in govt growth ....not sure if these numbers will hold up...let see.

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