Bloomberg Surveillance · Tuesday, July 14, 2026
Despite ongoing inflation concerns, the US economy is expected to remain resilient due to structural supports like infrastructure spending and a wealthy consumer base. Projections for 2027 show continued growth above two percent, though base effects are expected to significantly impact reported inflation figures.
“It's not too early for twenty twenty seven. We just had a meeting of when we were going to put out our twenty twenty seven outlook.”
“It is still really hard to bet against the American economy, and that is because of the structural support coming from non residential builds, that's infrastructure.”
“And as we head into twenty twenty seven, then I think what will be the biggest challenge for markets to digest is that you're going to get what I'm calling fortuitous math, which is base effects are going to bring inflation in the second quarter down next year into as low as one point three percent.”