Goldman Sachs Has 5 Reasons To Be More Optimistic About The US Economy

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The most recent US data has been somewhat mixed. Not good enough to instill confidence in the recovery, but not quite bad enough to push the Fed into action. The optimism of the first part of this year has been tempered by the summer slowdown.  

Goldman Sachs economist Sven Jari Stehn is of the opinion that we’ll see a ‘moderate reacceleration’ in growth during the next quarter. He thinks it will come from these five macro factors:

• Acceleration in consumer spending
• An ongoing housing recovery
• Expanding industrial activity
• Steady, if slow, employment growth
• Continued disinflation

Here’s a table of what that data has looked like, and where Goldman sees it going:

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