Improving forecasts mean no new recession

Filed under: AM Roundup |

The U.S. economy has dodged a second recession – at least for now. But economists say its still too early to sound the all-clear for the economy.

Bloomberg.com is reporting that a string of stronger-than-projected reports – including 103,000 new jobs in September – has prompted Goldman Sachs to raise their third quarter expectations to growth of 3 percent.

Read more at bloomberg.com.