December 12, 2011

Our forecast calls for the continuation of a sub-par economic recovery, but a recovery nonetheless. In fact, to put in perspective the range of possibilities, we estimate that there is only a 1 in 10 chance that the economy will double dip and 1 in 3 that it will grow at better than 3%, with a 2.5% increase in real GDP growth as our most likely outcome.

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