The U.S. economy is gaining traction heading into the second half of the year. Consumer spending is underpinned by the continuation of relatively strong job gains, but housing is also crucial in bolstering sentiment and solidifying gains in economic growth. Small businesses are becoming more confident, a welcoming sign that will likely lead to more investment. Access to credit is as important to small business as progress in the labor and job markets are to consumers. If consumers and business see the economy gaining traction, they will be more willing to spend and invest, which will drive domestic market expansion.