The US economy continues to reflect signs of stabilizing after a months-long period of downshifting. The possibility of a firmer expansion can’t be ruled out, but there are few convincing signs at this point. What is clear: recession risk remains low, as it has been all along (unless you cherry picked an indicator or two). As outlined below, reviewing a broad-minded data set still  shows that output is increasing at a moderate pace and near-term projections for the US macro trend point to more of the same.
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House set to vote on impeachment articles against Trump today: The Hill
Pondering Trump’s policy priorities if he’s re-elected: CNBC
German business sentiment improves in December: Ifo
Atlanta Fed’s Q4 GDP growth nowcast revised up to +2.3%: AF
US job openings rebounded in October after reaching 18-month low: Reuters
Industrial output in US rebounded sharply in November: MW
US housing starts’ 1-year gain accelerated to 1-1/2 year high in Nov: CNBC