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Quarter-End Insights

Outlook for the Economy

The U.S. economy will muddle through better than most, but consumer incomes and overall inflation should remain on the radar.

  • Slow but steady U.S. GDP growth, moderating inflation, and rising employment growth is on tap for the remainder of the year.
  • The U.S. economy is gaining strength as other world economies are slowing. 
  • Fears over the effects of gasoline prices, a slowing China, and higher interest rates are overblown.


Robert Johnson, CFA does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.