OECD Says U.S. GDP Growth to Slow Next Year as Tariffs, Lower Immigration Weigh on Economy

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KEY TAKEAWAYS The OECD on Tuesday raised its growth forecast for the U.S. economy in 2025 on the back of AI investments, but noted that tariffs and lower net immigration are taking a toll and would lead to slowing growth next year. The OECD said it expects the U.S.'s annual real GDP growth rate to come in at 1.8% in 2025, up from from its previous projection of 1.6%. The OECD said it expects the U.S.'s annual real gross domestic product growth rate to come in at 1.8% in 2025, up from its 1.6% projection in June. That is, however, well below the 2.8% GDP growth registered in 2024. It maintained its global growth forecast for next year of 2.9%.