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US economy expected to grow faster in 2026 despite stagnant job market: Goldman Sachs

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23 hours ago

The U.S. economy's resilience in 2025 is expected to carry over when the calendar turns to 2026, with growth expected to accelerate as tax cuts and more favorable financial conditions take hold and headwinds from tariffs and inflation ease, according to Goldman Sachs.Goldman Sachs economists led by Jan Hatzius wrote in their 2026 outlook that this year's economic growth was tempered by the impact of larger than expected tariffs, which pushed the average effective tariff rate on goods imported to the U.S. several percentage points higher than anticipated."While the tailwinds powering the U.S. e...

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23 hours ago
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