GDP grows 3.5%. Does that mean the Great Recession is over? – The Curious Capitalist – TIME.com

Goldman Sachs does not know all. The bank’s economists had been on eerie run of sending out prescient alerts the day before major data releases—mainly the monthly employment numbers—that described in detail how the consensus was going to be wrong and what the report was really going to say. Well, last night I got the e-mail from the nation’s “Most Accurate Economist,” Goldman’s Jan Hatzius, predicting that GDP growth would be a below-consensus 2.7%. Oh well.

via GDP grows 3.5%. Does that mean the Great Recession is over? – The Curious Capitalist – TIME.com.

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