U.S. Economic Forecast — July 2026
Wells Fargo Economics’ recurring U.S. economic and financial forecast table.
Published2026-07-30
Extracted figures17
Source classInstitution forecast
Update cadenceMonthly
Available formatHTML + SVG table
| Metric | Period | Reported | Forecast |
|---|---|---|---|
| Real GDP growth | 2026 Q4“Real Gross Domestic Product (a) | 2026 4Q | 1.6” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 1.6% |
| Personal consumption | 2026 Q4“Personal Consumption | 2026 4Q | 2.3” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 2.3% |
| Business investment | 2026 Q4“Business Fixed Investment | 2026 4Q | 4.3” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 4.3% |
| Headline CPI inflation | 2026 Q4“Consumer Price Index | 2026 4Q | 3.1” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 3.1% |
| Core CPI inflation | 2026 Q4“Core Consumer Price Index | 2026 4Q | 2.4” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 2.4% |
| Headline PCE inflation | 2026 Q4“PCE Deflator | 2026 4Q | 3.4” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 3.4% |
| Core PCE inflation | 2026 Q4“Core PCE Deflator | 2026 4Q | 3.2” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 3.2% |
| Payroll growth | 2026 Q4“Nonfarm Payroll Change (d) | 2026 4Q | 88” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 88K/mo |
| Unemployment rate | 2026 Q4“Unemployment Rate | 2026 4Q | 4.2” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 4.2% |
| Housing starts | 2026 Q4“Housing Starts (e) | 2026 4Q | 1.3” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 1.3M |
| New-home sales | 2026 Q4“New Home Sales, Single-Family (f) | 2026 4Q | 629.2” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 629.2K |
| Existing-home sales | 2026 Q4“Total Existing Home Sales (e) | 2026 4Q | 4.2” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 4.2M |
| Home-price growth | 2026 Q4“S&P Case-Shiller National Home Price Index (b) | 2026 4Q | 0.5” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 0.5% |
| 30-year mortgage rate | 2026 Q4“Conventional Mortgage Rate | 2026 4Q | 6.30” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 6.30% |
| Brent crude oil | 2026 Q4“Crude Oil - Brent - Front Contract (h) | 2026 4Q | 78.7” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | $78.70/bbl |
| Federal funds rate | 2026 Q4“Federal Funds Target Rate (j) | 2026 4Q | 3.75” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 3.75% |
| 10-year Treasury yield | 2026 Q4“10 Year Note | 2026 4Q | 4.35” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 4.35% |