Goldman Sachs lowers odds of US recession
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in September than expected, and unemployment fell.
Is US out of recession risk? Goldman Sachs weighs in
Goldman Sachs has cut the probability of the United States entering a recession in the next year from 20% to 15%. The change comes after the Labor Department's positive employment report. The report pointed out the biggest job gains for September in six months and a drop in unemployment rate to 4.
Why Goldman Sachs lowered its US recession risk odds to 15%
Goldman Sachs (GS) chief economist Jan Hatzius has lowered his US recession risk outlook for the next twelve months to 15%. Catalysts hosts Seana Smith and Madison Mills highlight Hatzius's note following last week's much higher than expected jobs results for the month of September and the Federal Reserve's inflation forecasts.
Goldman Sachs Lowers U.S. Recession Odds to 15% Following Strong Job Growth
U.S. Recession Risk Decreases Amid Job Market Gains Goldman Sachs has reduced the probability of a U.S. recession within the next 12 months to 15%, down from 20%, after the September employment data showed
Goldman Sachs lowers odds of US recession to 15% after better-than-expected jobs report
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by five percentage points to 15%, following the latest employment report that showed better-than-expected data.
Goldman Sachs Says a Recession Is Less Likely Given Strong Jobs Data
Key Takeaways A strong jobs report has reduced than chances of a recession in the next 12 months, according to Goldman Sachs analysts.A lower unemployment rate avoids a key early stage recession indicator called the "Sahm Rule.
U.S. Recession Less Likely Now, Goldman Sachs Says. Why the Outlook Is Brighter.
If Fed officials had known the subsequent data, they probably would have opted for a quarter-point cut on Sept. 18,” economist Jan Hazius said.
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