Goldman Sachs lowers US growth forecast, sees H2 at 3.25%

Economists at Goldman Sachs lowered their second-half US growth estimate to 3.25% from 3.50%.

They also lowered the Q1 estimate to -0.8% on lower inventories and left the Q2 forecast at 3.7%.

Tally it all together and they see 2014 growth at a New Normal-esk 2.35%.

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