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Macro - Country Economic Forecasts - United States

Publisher Oxford Economics
Published Jul 10, 2025
Length 9 Pages
SKU # OFE20204937

Description

We’ve nudged up our US GDP growth forecasts by 0.1ppt to 1.6% in 2025 and 0.3ppts to 2.1% in 2026 as our July baseline incorporated the One Big Beautiful Bill in its entirety. The July forecast also included a lower unemployment rate for this year because of changes to our projections for immigration.

Table of Contents

9 Pages
US: Growth forecast upgrades reflect large fiscal package
Forecast overview
Recent developments
Short-term growth outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Policy
Politics

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