The continued weakness in a number of components of the index suggests that it's more than just high oil prices that are ailing the economy.
Everything is falling into place, with the way our cyclical indicators are behaving. We should see the direction of job growth continue to improve.
We're at the point in the economic cycle, which comes in every economic cycle, where you move from an acceleration phase to a deceleration phase. We'll continue to grow, but not as fast.