2026 is now underway

US Economy Maintains Steady Course

The US economy continues to demonstrate resilience, with another year of stable growth and no signs of a downturn. Recent employment figures indicate that job creation is aligning closely with the level needed to sustain the workforce, while the unemployment rate remains steady in the mid-4% range.

Meanwhile, the US trade deficit is gradually narrowing as international exporters redirect their goods and services to new markets. For example, China is achieving record export volumes, though the destinations for these exports are shifting.

Looking ahead to next week, investors will be watching for updates on Consumer Price Index (CPI) and Retail Sales. The market is seeking evidence of easing inflation alongside continued robust consumer spending, as the uneven, k-shaped recovery persists.