Economists Mark Up US Growth Forecasts, See Tepid Job Gains, Survey Shows
Economists marked up their estimates for US economic growth this year and next, though job growth is expected to remain weak, according to a survey from the National Association for Business Economics.
Inflation-adjusted gross domestic product is seen rising 1.8% this year, up from the 1.3% forecasters expected in June. That reflected a sharp upward adjustment in forecasts for business investment, according to the report released Monday. The economy is expected to grow at a similar rate in 2026.