Summary List Placement
- The US economy will grow 5% in the first quarter of 2021, according to a new analysis from Goldman Sachs, which previously expected growth of 3% in the first three months of next year.
- The bank upgraded its first quarter GDP growth forecast after President Trump signed a $900 billion stimulus bill on Sunday, which was larger in size and came sooner than Goldman expected.
- The inclusion of $600 stimulus checks in the bill will likely lead to a “large increase” in disposable income early next year, Goldman said.
- View Business Insider’s homepage for details ⇒
BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com