Goldman Sachs cuts GDP tracker to 0.4% from 0.6%

Author: Greg Michalowski | Category: News

They equal the Atlanta Fed estimate now

Goldman Sachs has cut their GDP tracker for the 1Q to 0.4% from 0.6%. That is now in line with the Atlanta Fed (also at 0.4%). The New York Fed GDP Now was released earlier. They see growth at 1.5%.- little changed from last week.

Goldman cites weaker utility consumption and less business capital investment.   

ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose