News list for "America This Summer"

Goldman Sachs economists are forecasting that fourth-quarter U.S. GDP will grow by just 0.5 percent from the fourth quarter of 2024 as tariffs and policy uncertainty weigh on the economy. Currently, business and consumer surveys are pointing to a slowdown, but official economic data have yet to show that sign. They reasoned that economic indicators could start to show a clearer sign of recession in the middle or late summer. "The evolution of the data in recent weeks is consistent with previous'...

2025-04-22 18:03:04