Economists at Goldman Sachs Group Inc. have lowered their forecast for growth in the U.S. economy this year for a second time, citing the COVID-19 Delta variant and dwindling fiscal support and pointing to a “harder path” ahead for the American consumer than previously anticipated.
In a report to clients on Monday, economist Ronnie Walker wrote that overall expansion in 2021 is now seen at 5.7 percent in comparison with an expected rate of 6 percent published at the end of August.