Detroit 3 autoworkers went on strike Friday – and that could drag on fourth-quarter GDP growth, according to Goldman Sachs.
Detroit 3 autoworkers went on strike Friday – and that could drag on fourth-quarter GDP growth, according to Goldman Sachs.
  • The US economy is looking resilient right now, with much of Wall Street dropping their recession calls.
  • But growth will "slow meaningfully" over the fourth quarter, according to Goldman Sachs.
  • Student loan repayments, the autoworkers' strike, and a potential government shutdown will all drag on GDP, the bank warned.

The economy may be looking resilient right now – but three headwinds could change that over the final three months of 2023, according to Goldman Sachs.