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Goldman Sachs analysts raised their forecast for US economic growth amid expectations that the president-elect stimulus package Joe Biden will accelerate the recovery from the impact of the Covid pandemic – 19.
An economic expansion of 6.6% is estimated at 2021 compared to a previous forecast of 6.4%, according to a report published on Saturday. It also increased the projection of how much stimulus could boost the administration in the short term , to 1.1 trillion dollars from 750,000 millions of dollars.
Joe Biden outlined a $ 1.9 trillion stimulus proposal on Thursday, arguing that a bold investment plan was needed to jump-start the economy and accelerate the distribution of vaccines in order to control the coronavirus.
According to specialists, greater momentum Disposable income and government spending implies greater growth in the months to come of the year. This projection is encouraging despite the fact that January has been an economically slow month.
As soon as he takes office, Joe Biden and Congress are expected to work on the third stimulus package that would be releasing a new check for $ 1, 400 or $ 2, 000 dollars, which could be approved by the end of next month or early March.
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