U.S.Economy:A Pessimistic View

摘要

Worse than expected economic data is igniting fears of a serious U.S.economic retrenchment-economic growth in the United States was down to 1.6 percent in the second quarter,despite the 3.7 percent rate in the first quarter of 2010.Qiao Hong,chief economist at Goldman Sachs China,forecasted a gloomy outlook for the U.S. economy but said a "double-dip" recession is unlikely.