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CBO’s Current View of the Economy From 2025 to 2028 In 2025, the growth of real gross domestic product (GDP)—that is, the nation’s economic output adjusted to remove the effects of changes in prices—is 0 5 percentage points lower in CBO’s current projections than it was in the agency’s January 2025 projections, primarily because the negative effects on output stemming from new tariffs
US Economic Forecast Q2 2025 | Deloitte Insights Despite much lower tariffs, the US economy is still expected to grow at a slower rate in 2025 compared with the previous two years In particular, consumer spending had been growing at a much faster rate than income, suggesting that consumption would slow this year
Visualizing CBO’s Budget and Economic Outlook: 2025 The unemployment rate is projected to be an average of 0 25 percentage points higher across all quarters of 2025 and 2026 than CBO’s baseline last summer, largely reflecting changes in expected economic growth and the size and composition of the labor force
Summary of Economic Projections, June 18, 2025 Summary of Economic Projections In conjunction with the Federal Open Market Committee (FOMC) meeting held on June 17–18, 2025, meeting participants submitted their projections of the most likely outcomes for real gross domestic product (GDP) growth, the unemployment rate, and inflation for each year from 2025 to 2027 and over the longer run Each participant’s projections were based on
United States: OECD Economic Outlook, Volume 2025 Issue 1 The budget deficit on a general government basis is expected to rise from around 7½ per cent of GDP in 2024 to over 8% in 2026, with the net debt-to-GDP ratio exceeding 100% by end-2026
The U. S. Economic Outlook for 2025–2026 - U-M LSA The economy wrapped up 2024 on a firm footing, as real GDP expanded at an annualized pace of 2 3 percent in the final quarter Personal consumption expenditures contributed 2 8 percentage points to growth, with other components subtracting on net The unemployment rate declined to 4 0 percent in January, while payroll job gains were solid
Fourth Quarter 2025 Survey of Professional Forecasters Forecasters Predict Slightly Higher Growth in 2025 and 2026 The outlook for growth in the U S economy looks marginally better now than it did three months ago, according to 33 forecasters surveyed by the Federal Reserve Bank of Philadelphia On an annual-average over annual-average basis, the forecasters expect real GDP to grow at an annual rate of 1 9 percent in 2025 and 1 8 percent in 2026