GS had cut 2022 US GDP to 3.8% from 4.2% and Q4-2021 to 2.9% from 3.3%. Let's take a look at the previous GS GDP forecasts. We can see that GS has been cutting US GDP growth.
We had already stated in July 2021 that the US was having diminishing economic growth.
The US conference board also projected the same declining trajectory.
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