2025 Midyear Economic Outlook: A Widespread Deceleration

Morgan Stanley Research’s midyear outlook for global and U.S. growth.

Morgan StanleyOpen source document ↗

Published2025-05-28
Extracted figures2
Source classInstitution forecast
Update cadenceIrregular
Available formatHTML narrative

Reported figures

Each with its source sentence
MetricPeriodReportedForecast
Real GDP growth2025 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%
Real GDP growth2025 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%