SBI warns US economy faces significant growth decline

A new report from the State Bank of India (SBI) warns that the recent growth in the US economy may be an anomaly, driven by unsustainable policies rather than real strength. It highlights a decline in GDP growth, exports, and productivity. The report notes that net savings to GDP in the US have fallen to their lowest since 2011, while the debt-to-GDP ratio continues to rise. High wages are also limiting new investments, particularly in manufacturing. SBI suggests that India could benefit from the US economic slowdown, as it has signed multiple free trade agreements and is negotiating more. The report indicates that the US's economic dominance may be waning, with India potentially gaining market share.