NABE Forecasts Economic Growth Amid Weaker Job Gains Through 2026 | AI News Digest
Corporate insiders reveal that a recent report from the National Association for Business Economics (NABE) suggests the U.S. economy is on track for growth, despite facing challenges like tariffs and ongoing inflation. The organization has revised its forecast for GDP growth in 2025 to 1.8%, up from a previous estimate of 1.3%. While the economy is expected to continue expanding into 2026, job growth is predicted to decelerate, with average monthly payroll additions falling to 60,000. Additionally, the unemployment rate is anticipated to rise to 4.5% by 2026, indicating a softening labor market. Inflation remains a significant concern, with NABE projecting an annualized rate of 3% for the rest of 2025, although a gradual decrease to 2.5% is expected by the end of 2026.
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