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 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%
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%