Economic Insights – September 2014

Let's take a look at where the U.S. economy stands today, and preview what lies ahead.

The economy continues to advance at a steady pace, as it has since the Great Recession officially ended in June 2009. Interest rates remain low, and corporate profits remain high, fueling a rising stock market.

However, banks still aren't lending to small businesses and first-time home buyers, despite the enormous excess reserves created by quantitative easing.

New jobs continue to be created, even as the labor force participation rate .....