Goldman Sachs Raises 3Q Growth Forecast

New York, NY, Oct. 10, 2011 — A double-dip recession seems less likely now than it did a month ago.

Economists at Goldman Sachs and Macroeconomic Advisers have raised their third quarter growth forecasts to 2.5% from about 2%.

That’s would be the fastest growth in a year.

Growth in the second quarter was 1.3%.