Despite Distractions, Economic Data Boomed Last Week

Despite all the distractions, the U.S. economy's resilience remains intact. Here are key fundamentals easily lost amid recent headlines dominating the news cycle.

Food and drink places, establishments for a necessity of everyday life and a retail category where you just do not see sudden accelerations in sales, are surging with growth.

The forward looking index of 10 U.S. leading indicators of economic growth resumed its surge after flattening in May. It's in record territory.

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.