Bloomberg reported that the U.S. likely has dodged a recession for now, based on a string of stronger-than-projected statistics, although it’s too early to sound the all-clear for the economy.

The article said that economists at Goldman Sachs Group and Macroeconomic Advisers have raised their growth forecasts for third quarter growth to 2.5% from about 2%, nearly double the second quarter’s 1.3% rate and the fastest growth in a year.

However, the article cited economist Chris Rupkey in New York who said the recovery still faces “a lot of headwinds.”

To read the full Bloomberg article click here.