[NABE Survey: U.S. Economic Growth May Reach 2% Next Year, Inflation Remains Elevated] On November 24, the National Association for Business Economics (NABE) annual forecast survey indicated that U.S. economic growth is expected to reach 2% next year, up from 1.8% in the October survey, though job growth remains weak. The survey, which included 42 professional forecasters, suggests that increased personal spending and business investment will drive economic growth, but new import tariffs imposed by the Trump administration are expected to drag down the growth rate by 0.25 percentage points. Inflation is projected to be 2.9% by the end of this year and decrease to 2.6% next year, with tariffs contributing 0.25 to 0.75 percentage points. Job growth is expected to add approximately 64,000 positions per month, with the unemployment rate rising to 4.5% by early 2026. The Federal Reserve is expected to cut interest rates by 25 basis points in December and by another 50 basis points next year.