Despite a US economy that has been “chugging along” with 2.3% GDP growth through Q4 2024, the Federal Reserve Bank of Atlanta’s real-time GDP forecast now projects a 2.8% economic contraction.
This negative swing primarily reflects a sharper-than-expected decline in post-holiday consumer spending and increased imports ahead of tariff implementation.
While not necessarily signaling a recession, this projection comes amid growing consumer pessimism about economic prospects and renewed inflation concerns, particularly regarding the potential impact of Trump’s steep import tariffs on consumer prices.
![Why Metals Dominated Every Asset Class in 2025 [and What It Means for 2026]](https://goldsilver.com/wp-content/uploads/2026/01/gold-silver-performance-2025-300x200.jpg)




