what is the state of health of the economy of the united states?
US economy has been doing well over the past two years led by tax reforms and overall improvement in the consumption and investment environment in the country . The recent quarter's GDP growth of 3.5% proved the strong growth in the US economy. Due to the strong economy, the unemployment remained steady at comfortable 4% levels.
However, today's weaker than estimated retail sales numbers changed the scenario a bit as big investment bankers such as JP Morgan reduced Q4 2018 outlook which may be changed the economic view from positive to neutral in the coming year.
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