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Andrew Tilton, Senior U.S. Economist, Goldman, Sachs & Co.
October 2011

Skirting the Edge of Recession

Its been a disappointing economic recovery since the end of the financial crisis in mid-2009, with US gross domestic product growing by only about 2 percent in real terms.

Glimmers of Hope: Highlights from the Outlook

1. Household finances are gradually getting healthier
2. Cyclical sectors have bottomed
3. Potential for additional Fed action

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