FXstreet.com (San Francisco) - The past September 27 the US Bureau of Economic published that the economic activity growth 1.3% during the second quarter, down from estimates at +1.7% and Q1’s print at +2.0%. Next release will be published Friday, Oct 26 2012 and Goldman Sachs analyst team expects a 2% increase in the Q3.
Goldman Sachs expects "growth of 2.2% in 2012 and 1.9% in 2013," according to a recent report. "On a sequential basis, growth should settle at 2.0% in 2012Q3 and 2012Q4 before falling to 1.5% in 2013Q1."
Goldman sees a "pick-up to 2.5% sequential growth in the second half of 2013. Despite weak growth, we expect the unemployment rate to drift down to 8.0% by end-2013 as long-term unemployment continues to depress labour force participation."
Goldman Sachs expects "growth of 2.2% in 2012 and 1.9% in 2013," according to a recent report. "On a sequential basis, growth should settle at 2.0% in 2012Q3 and 2012Q4 before falling to 1.5% in 2013Q1."
Goldman sees a "pick-up to 2.5% sequential growth in the second half of 2013. Despite weak growth, we expect the unemployment rate to drift down to 8.0% by end-2013 as long-term unemployment continues to depress labour force participation."
