Morgan Stanley

A global financial services firm publishing public economic outlooks from Morgan Stanley Research.

Bank · United StatesNew York, New York2 reports6 figuresInstitution website ↗

U.S. real GDP growth

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PeriodReportedForecast
2025 full year“U.S. economic growth is likely to slow to 1.5% (1% 4Q/4Q) this year and 1% in 2026” — U.S. Growth and Inflation · source ↗2025-05-281.5%
2025 Q4“U.S. economic growth is likely to slow to 1.5% (1% 4Q/4Q) this year and 1% in 2026” — U.S. Growth and Inflation · source ↗2025-05-281.0%
2025 full year“Morgan Stanley Research forecasts the global economy will expand at an annual rate of 2.9% in 2025 (2.5% 4Q/4Q) and 2.8% in 2026, down from 3.3% (3.5% 4Q/4Q) in 2024.” — Global Economic Outlook section · source ↗2025-05-282.9%
2025 Q4“Morgan Stanley Research forecasts the global economy will expand at an annual rate of 2.9% in 2025 (2.5% 4Q/4Q) and 2.8% in 2026, down from 3.3% (3.5% 4Q/4Q) in 2024.” — Global Economic Outlook section · source ↗2025-05-282.5%
2026 full year“Morgan Stanley Research forecasts the global economy will expand at an annual rate of 2.9% in 2025 (2.5% 4Q/4Q) and 2.8% in 2026, down from 3.3% (3.5% 4Q/4Q) in 2024.” — Global Economic Outlook section · source ↗2025-05-282.8%
2026 full year“After growing 2.8% in 2024 (2.5% 4Q/4Q), U.S. economic growth is likely to slow to 1.5% (1% 4Q/4Q) this year and 1% in 2026.” — U.S. Growth and Inflation section · source ↗2025-05-281%