Goldman Sachs cuts it Q1 growth forecast to 1.8% following the higher-than-expected trade...

|By:, SA News Editor

Goldman Sachs cuts it Q1 growth forecast to 1.8% following the higher-than-expected trade deficit. It was Monday when Goldman raised its estimate to 2.0% after the ISM services report and last week when the firm cut to 1.9% following the ISM manufacturing report. We need to stop calling these forecasts, they're tracking numbers.