The first quarter of 2026 picked up where 2025 left off: steady, but uncertain. While the disruptions from late-2025 data gaps have largely cleared, the economy is still sending mixed signals.
Job growth continues, but at a measured pace. Inflation is gradually cooling, though not yet firmly at target levels. Meanwhile, employers and policymakers alike are proceeding with caution, waiting for clearer direction before making aggressive moves.
The result is an economy that remains resilient but lacks strong momentum.