Trustage's Rick: Economy is poised to continue modest growth through '27

Podcast: Money Life with Chuck Jaffe · Chuck Jaffe

Opublikowano: 2026-10-06

Steve Rick, chief economist at TruStage, is forecasting slightly faster economic growth for 2027 — 2.2% real GDP growth compared to about 2% this year — "so nothing great ... good, but nothing to write home about." That should be enough to keep the economy moving forward, and Rick cautions against reading too much into some negative numbers, noting that unemployment levels reflect the classic level for full employment, and that slow job growth is appropriate given workforce trends in the United States. Rick does worry how a stretched consumer could curtail spending to increase savings, which would slow the economy; if that is coupled with...