Goldman Sachs Warns: Real Estate Market May Drag Down US Economic Growth in H2
Goldman Sachs recently published a report warning that the weakness in the U.S. real estate market could exert pressure on economic growth for the second half of the year. Analysis indicates that a sluggish housing market may lead to reduced consumer confidence, which could further impact overall economic activity.
Additionally, rising interest rates and supply chain issues may exacerbate this situation, making recovery in the housing market more challenging. Economists suggest that policymakers need to closely monitor this trend to formulate appropriate responses.
