If you study history, as I do, you will see that all expansions include big variations in rates of GDP growth over their course.

FORBES: Deja Vu Stock Market

As consumer deleveraging continues, big ticket items that fuel economic expansions, like cars and houses, are facing lower demand. (Read No Recovery Possible While U.S. Consumer Continues Deleveraging).

FORBES: Commerce Index Up 1% In June, More Sluggish Growth To Come