Fitch Sees US Growth Slowing to 1.9% in 2026-2027

Fitch expects U.S. growth to remain relatively resilient but slow to 1.9% in 2026 and 2027, compared with 2.8% in 2025. The agency highlighted that labor demand has weakened and job creation has dropped significantly in 2026.

The projections suggest the economy is cooling from last year's pace while avoiding a contraction. Fitch still characterizes the expected expansion as relatively resilient, even as hiring momentum fades.

On prices, the forecast sees a gradual normalization, with inflation approaching target by late 2028 rather than over the near term.