Autumn 2013 Economic and Market Quarterly

As we move through the fourth quarter of 2013, the domestic economy continues to show slow positive growth resulting from the ongoing gradual improvement in consumer spending and business investment spending. These modest gains are impressive given the near-term economic and geopolitical turbulence created by the  political bickering in Washington over the US budget negotiations as well as the dysfunctional brinksmanship focused on the temporary shutdown of the Government and the impending debt ceiling.

The complete version is available online.