Last week gave us a broad look at the economy, including industrial production and housing. While the business news was generally positive, housing was more mixed—suggesting a potential slowdown in the next couple of quarters. It is clear that growth continues and is likely to keep going for some time. Still, and despite the disruptions from the hurricanes, there are signs that we are in the later part of the economic cycle and will need to keep an eye out for slowing growth.

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