Daily Current Affairs on U.S. GDP Expected to Contract 4.6% in 2020: Goldman Sachs for General Knowledge ( All Exams) Preparation

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Daily Current Affairs

U.S. GDP Expected to Contract 4.6% in 2020: Goldman Sachs

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U.S. GDP Expected to Contract 4.6% in 2020: Goldman Sachs
  • The Goldman Sachs Group Inc. economists have revised down their estimates for the U.S. economy which is expected to contract 4.6% in 2000, worse than the earlier estimate of 4.2%.
  • However, the growth is expected to rebound to 5.8% in 2021.
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