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Goldman Sachs Forecasts 2.8% Global Economic Growth for 2026

Goldman Sachs maintains its forecast of 2.8% global growth in 2026 amid nuanced US consumer confidence trends reported for December.

Summary

Goldman Sachs reaffirmed its projection of 2.8% global economic growth for 2026. December US consumer confidence rose by 1.9 points to 52.9, slightly below the forecasted 53.5. The current conditions index fell to a record low of 50.4, while the expectations index increased to a four-month high, indicating mixed sentiment between immediate and future outlooks.

Terms & Concepts
  • Consumer Confidence Index: A measure of how optimistic or pessimistic consumers are about the economy’s current and future performance.
  • Current Conditions Index: A subcomponent of the consumer confidence index assessing present economic and business conditions.
  • Expectations Index: A subcomponent of the consumer confidence index reflecting consumers’ outlook for the economy over the next six months.