Goldman?s Hatzius Sees Softness Ahead In 2012

Last month the International Monetary Fund cut its forecast for U.S. economic growth to 1.8% in 2012, down from its June forecast for gross domestic product to grow by 2.7% next year. Goldman Sachs' Chief U.S. Economist Jan Hatzius expects an even bleaker 2012, with U.S. GDP growth forecast to grow by 1.3% for the year. Hatzius' forecast is all the more dour because he's been right before.

Source: http://www.forbes.com/sites/greatspeculations/2011/10/20/goldmans-hatzius-sees-softness-ahead-in-2012/

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