Consensus expects GDP growth to rise 1.39% from Q4 2025 to Q3 2026, reflecting a general belief in continued, though modest, economic expansion. Wells Fargo, however, projects a weaker second half of 2025, citing mounting uncertainty, persistent price pressures, and a trade policy still in flux. They also note that business spending has shifted toward intellectual property rather than equipment ...

From Issue: Forecasting Reimagined: The Impact of LLMs on Demand Forecasting
(Fall 2025)

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Tariffs and Global Instability Slowing US Economic Growth