UK economic growth may lag expectations in 2025 Goldman Sachs Research expects continued growth from the UK economy in 2025, although its expansion may be slower than some economists anticipate. Our economists forecast the UK’s GDP to increase 1.2% in 2025, which is slower than the Bank of England’s projection of 1.5% and just below the consensus estimate of economists surveyed by Bloomberg of 1.3%. The team forecasts...

The US economy is poised to beat expectations in 2025 The world’s largest economy is forecast to outperform economist expectations again next year, according to Goldman Sachs Research. “The US economy is in a good place,” writes David Mericle, chief US economist in Goldman Sachs Research. “Recession fears have diminished, inflation is trending back toward 2%, and the labor market has rebalanced but remains strong.” Goldman Sachs Research...

The global economy is forecast to grow solidly in 2025 despite trade uncertainty Goldman Sachs Research forecasts another solid year of global economic growth in 2025. Our economists project the US will outperform expectations while the euro area lags behind amid fresh tariffs that are anticipated from the Trump administration. Worldwide GDP is forecast to expand 2.7% next year on an annual average basis, just above the consensus...