Goldman Sachs forecasts US economy to grow 2% in 2026 after 3% Q3 growth

by@zerohedge

Summary

Goldman Sachs reported that the US economy grew at a 3.4% pace in the third quarter and forecasted 2.2% overall growth for 2026 on a year-over-year basis, which is close to their estimate of potential GDP growth at 2.3%. This outlook reflects their analysis integrating tax policy changes and financial conditions, and it comes only 0.3 percentage points below their earlier forecast made at the start of the year, when they anticipated lower increases in interest rates and oil prices.

Analysis

Goldman Sachs: Goldman Sachs is a major global investment bank and financial services firm offering advisory, underwriting, asset management, and research services to institutional and corporate clients worldwide. Its economists regularly publish analyses and forecasts on macroeconomic trends, including US growth prospects. In this news, the firm’s research team issued commentary on recent quarterly economic performance and its baseline outlook for 2026 GDP expansion relative to potential output. Macro Research: Goldman Sachs economists publish regular outlooks on global and US economic growth, incorporating factors such as fiscal policy, monetary conditions, and external shocks. Economic Analysis: The firm has released 2026 macro forecasts emphasizing sturdy growth supported by tax policy changes and financial conditions.

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macropolitics

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