Morgan Stanley Warns of Uneven Economic Foundations as U.S. Growth Outlook for 2026 Stands at 2.3%
In its midyear economic outlook report published on May 12, Morgan Stanley highlights a shift in the U.S. economy toward capital expenditure over consumer spending amid rising energy costs and supply shocks. The bank forecasts real GDP growth of 2.3% for 2026 under a base-case scenario avoiding recession but warns that corporate investment is increasingly compensating for weakening consumer momentum.
Tickers: $MS
Topics: AI Investment Energy Prices GDP Growth Supply Shocks U.S. Economy