Business
2026.03.14 15:54 GMT+8

Triple pressures facing US economy

Updated 2026.03.14 15:54 GMT+8
CGTN

Goldman Sachs has lowered its forecast for the annual growth rate of US GDP in the fourth quarter of 2026 to 2.2%, down 0.3 percentage points from its earlier projection. Meanwhile, the US Commerce Department has downgraded the country's Q4 2025 GDP growth from the earlier 1.4% estimate to 0.7%. The US economy now faces triple pressures: High inflation, rising unemployment, and slowing growth.

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