2026 Outlook for the US Economy

Economics Desk

December 2, 2025

3 min read

JP Morgan's 2026 outlook sees a K-shaped US expansion, with AI winners and wealthier households pulling ahead while squeezed consumers, higher tariffs, and cautious rate cuts force investors to rethink the old cycle playbook.
2026 Outlook for the US Economy
Photo by Spencer Platt/Getty Images

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