US economy - stuck in neutral

摘要

The US economy continues to expand but there is little potential for momentum to build and allowgrowth to accelerate. The keys to faster growth are job creation, higher wages and a diminishing ofthe external headwinds that the economy has been battling all year.The Federal Reserve reported that total industrial production (IP) fell by 0.4% m/m in May, afterhaving risen in April by 0.6%. Utility output dropped by 1.0% and mining eked out a 0.2% gain, as theproduction of both coal and metal ores increased.