The concern that U.S. economic growth is slowing is having a negative impact on exporter stocks.

There are worries about an oversupply of flat panels, which is weighing on stocks.

Exporters are going to lead the market higher in the second half. The fall in oil prices and positive economic indicators are supporting the advance.

The deceleration in earnings growth is a significant concern. Techs are up against steep comparisons in the second half of this year and the first half of next year,

Traffic has been picking up for years. We make some exceptions for growth but our concern is sound, sight and safety.

I would agree that the current low job growth is a matter of concern, but this index is aimed at the long run. Massachusetts was hit particularly hard by the last recession, but it also means we're poised for a strong recovery.