The GDPNow estimate from the Dallas Federal Reserve paints a positive picture. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is 3.9 percent, as reported February 3, up from 2.9 percent on January 31.

The Philadelphia Fed predicts that real GDP will increase by 2.2% in 2025. Vanguard pegs 2025 GDP at 2.1%.  Goldman Sachs survey of economists puts global GDP growth at 2.7% and US growth at 2.5%.

The University of Michigan forecasts that private sector job gains will decelerate through 2025.

The International Monetary Fund sees global growth at 3.3% both in 2025 and 2026, below the historical (2000–19) average of 3.7%. The forecast for 2025 mirrors the October 2024 outlook,  primarily driven by an upward US revision which offsets downward revisions in other major economies. Global headline inflation is expected to decline to 4.2% in 2025 than falling to 3.5% in 2026.

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https://www.goldmansachs.com/insights/articles/the-global-economy-is-forecast-to-grow-solidly-in-2025