Economic view

From the desk of Chief Economist Beth Ann Bovino

March 6, 2026

The United States, now the largest producer of fossil fuel energy in the world and a net exporter, is much more insulated than 45 years ago. That insulation provides the U.S. economy protection.  

Weekly Economic Highlights

Week of March 16: When energy meets the economy

Monthly Economic Outlook

Macroeconomic forecast: Near trend, not trouble

In the spotlight

Tariffs and Trade

Trump administration’s economic plan: Potential impact on the broader economy and businesses

March 3, 2026

President Donald Trump’s economic plans, including trade policies, raise questions about the impact on the broader economy and specific industries.

Economics

The K-shaped economy in 2026: Inequality, technology and the next growth divide

January 7, 2026

The K-shaped economy reflects a long-standing divergence where wealthier households benefit from asset appreciation, better schools and technology, while lower-income families face structural disadvantages and financial strain. 

Labor Market

U.S. labor market: Low-hire, low-fire economy

October 22, 2025

The 2025 U.S. labor market reveals a fragile “low-hire, low-fire” economy. Explore job growth trends, unemployment data, and recession risks.

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Disclosures

This discussion is intended to be informational only and is not exhaustive or conclusive. It is not intended to serve as a recommendation or solicitation for the purchase or sale of any particular product or service. It does not constitute advice and is issued without regard to any particular objective or the financial situation of any particular individual. Some of the information provided has been obtained from sources believed to be reliable, but is not guaranteed as to accuracy or completeness. Other information represents the opinion of U.S. Bank and is not intended to be a forecast of future events or a guarantee of future results. U.S. Bank and its representatives do not provide tax, accounting or legal advice. Each individual's financial situation is unique. You should consult your tax, accounting and/or legal advisor for advice and information concerning your particular situation.

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