US economy, fastest pace
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The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
The increase in consumer spending was the fastest in nearly a year as households splurged on recreational goods and vehicles and traveled internationally.
Equities are heading towards their third straight year of outsized gains as 2025 is rapidly coming to a close.
The unrelenting American consumer spends through a sour mood and a cooling labor market.
Household spending is increasingly divided between wealthy consumers who are helping to keep the economy humming and everyone else.
The kitchen sink was thrown at the economy in 2025 — punishing tariffs, higher inflation, rising unemployment — but the U.S. might still be growing at an above-average speed in a sign of surprising pluck.
Goldman Sachs expects U.S. gross domestic product (GDP) to grow by 2.6% in 2026 and “substantially outperform” the consensus estimate of 2.0%,