Argus has raised its GDP forecasts for both 2025 and 2026, citing strong corporate investments in artificial intelligence and significant spending by wealthy households as key drivers of the $30 trillion U.S. economy. The 2025 growth estimate has been increased to 1.9% from 1.4%, and the 2026 estimate is now projected at 1.9%, up from 1.8%.
Specifically, the third quarter of 2025 is expected to see a 2.6% growth rate, an upward revision from 1.8%. This increase is anticipated despite predicted declines in housing and non-residential structures, as well as a decrease i... download the app to read more
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