Goldman Sachs Research

Macro Outlook 2026: Sturdy Growth, Stagnant Jobs, Stable Prices

Dec 22, 2025
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Goldman Sachs Research economists expect sturdy global growth of 2.8% in 2026, versus a consensus forecast of 2.5%. The US is likely to outperform substantially (2.6% vs. 2.0%) because of reduced tariff drag, tax cuts, and easier financial conditions. 

  • GLOBAL ECONOMICS ANALYST
    Macro Outlook 2026: Sturdy Growth, Stagnant Jobs, Stable Prices