More Evidence that Coral Gables Can’t Count on the US Economy

More evidence that Coral Gables and South Florida will face continuing economic problems.  The Coral Gables’ budget should be adjusted accordingly.

Goldman Sachs Group Inc. lowered its economic growth outlook for Japan and the U.S., citing the likelihood of a “significant falloff” from stimulus measures and slowing export growth for Japan. The U.S. recovery is losing a “considerable amount of momentum,” it said.

via Goldman Sachs Lowers Forecast for Japan, U.S. Growth – BusinessWeek.

About Stephen E. McGaughey
Resident of the City of Coral Gables

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