When taxes went up and the sequesters hit, seems it was the oil and gas credit expansion that (under the radar) grew sufficiently to support GDP growth and employment. And so now, as credit expansion for the energy sector fades, something else has to step up to the plate to sustain GDP growth.
If you see it let me know!
Still down over $90 billion from the recent high:
Flattened a bit:
Growth rate rolled over?
Boring: