The United States economy has been improving slowly over the past few years. It is my opinion that with the last recession, the economy has become more resilient to negative influences. The job market has been improving; with more people getting jobs, the economy will continue to improve as people spend money.
The US economy will continue to get better as more companies get off of the piles of cash they are sitting on and invest in capital investments and human resources. The biggest on the economy is the failure of the Congress to address two major issues tax policy and the budget. Once there is policy in place addressing these points the economy will take off.
The U.S. economy is getting stronger every month. On a day to day or week by week basis it is hard to see the growth because it has been slow and there are ups and downs within the larger cycles. However, by the end of the year, economic growth in the U.S. will have been better in 2014 than it was in 2013.
Sluggish economic growth will continue. However the true unemployment will remain high as millions will never re-enter the workforce. Wages will slowly increase at around the rate of inflation. We will never again see the boom years of the past as we are sliding towards European style socialism and away from our capitalist roots.