Goldman Sachs cuts GDP tracker to 0.4% from 0.6%

Goldman Sachs cuts GDP tracker to 0.4% from 0.6% Author: Greg Michalowski | Category: News

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They equal the Atlanta Fed estimate now

Goldman Sachs has cut their GDP tracker for the 1Q to 0.4% from 0.6%. That is now in line with the Atlanta Fed (also at 0.4%). The New York Fed GDP Now was released earlier. They see growth at 1.5%.- little changed from last week.
Goldman cites weaker utility consumption and less business capital investment.
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