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In a report released on Sunday, economists at Goldman Sachs Group Inc (NYSE: GS) say they expect a slower pace of growth for the U.S. economy due to a slower than anticipated recovery in consumer spending. What Happened: The report issued by a Goldman team, led by Jan Hatzius, says the bank is now expecting a growth rate of 5.6% on an annual basis in 2021 and 4% for next year.
...read full article on Benzinga
