Goldman Sachs Raises U.S. 2026 First Quarter Growth Forecast to 3.4%

Positive Update in Economic Expectations Goldman Sachs economists have updated their medium-term growth projections for the U.S.
economy.
In the bank's latest report, the annualized growth forecast for the first quarter of 2026 has been set at 3.4%.
This figure indicates an expectation of stronger momentum in economic activity compared to the final quarter of the previous year.
Tax Reform and Tariff Impact Analysts explained that the primary factors behind this upward revision in growth expectations are the reduction of uncertainties regarding customs tariffs and planned tax reforms.
The report emphasized that these fiscal regulations and the clarification of trade policies will encourage investment, providing an additional contribution to the economy.
Market Dynamics and Structural Support The bank anticipates that these structural elements will create a multiplier effect on economic growth.
While tax cuts and reform packages are expected to have a positive impact on market dynamics, it is predicted that the U.S.
economy will maintain its resilience despite global uncertainties.