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Real personal incomes are rising, supporting consumer spending and overall economic growth. However, consumer strength is likely to be uneven, as higher-income households are better positioned to absorb elevated prices than lower-income groups. Your firm should align its business planning with its particular customer income mix.
Peeking behind the curtain of a normal January ascent in the S&P 500, we are seeing signs of a rotation away from the tech and tech-like firms that outperformed in 2025 and toward sectors like energy, materials, and health care.
ITR Economics Long-Term View
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2026 GROWTH |
2027 GDP GROWTH; MANUF. FLAT |
2028 GROWTH |
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