Economists see slightly faster US growth, sticky inflation in 2026
Economists predict 2% U.S. growth in 2025 with inflation near 2.6%, modest job gains, and unemployment rising to 4.5%, citing tariffs as a key inflation driver.
- On Nov. 3 to 11, NABE's year-end survey found a median growth forecast of 2 per cent for the U.S. economy, up from 1.8 per cent in October.
- Rising personal spending and business investment are countered by the Trump administration's new import taxes, which respondents said reduce growth by at least a quarter of a percentage point.
- Labour data suggest slower momentum, as the U.S. jobs market shows monthly job gain figure of around 64,000 and unemployment rate projection rising to 4.5 per cent in early 2026.
- Monetary policy is set for only limited easing, with the Federal Reserve expected to approve a December quarter-point cut and another half-point next year toward a neutral rate.
- Inflation is projected to end the year at 2.9 per cent and ease only slightly next year, with tariffs contributing from a quarter to nearly three-quarters of a percentage point.
14 Articles
14 Articles
Inflation Dampens Household Purchasing Power Despite Brighter 2026 Outlook - The Thinking Conservative News
Real income growth for U.S. households stayed unusually weak heading into the holidays, even as economists raised their outlook for next year. The post Inflation Dampens Household Purchasing Power Despite Brighter 2026 Outlook appeared first on The Thinking Conservative News.
Economists Forecast Stronger US Growth, Lingering Inflation in 2026
The U.S. economy will grow faster next year than previously projected and inflationary pressures will tick down, but remain elevated, economists polled by the National Association for Business Economics (NABE) said in the group’s year-end forecast. The NABE outlook survey, released on Nov. 24 and based on responses from 42 professional forecasters, shows economists marking up their expectations for gross domestic product (GDP) growth for 2026. T…
Economists see slightly faster U.S. growth, sticky inflation in 2026
U.S. economic growth will increase slightly next year but employment gains will remain sluggish and the Federal Reserve will slow any further rate cuts, economists polled by the National Association for Business Economics said in the group’s year-end forecast survey.
Economists see slightly faster US growth, sticky inflation in 2026
U.S. economic growth will increase slightly next year but employment gains will remain sluggish and the Federal Reserve will slow any further rate cuts, economists polled by the National Association for Business Economics said in the group's year-end forecast survey.
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