Support Us Button Widget
Sponsored Content

What to expect from the economy in 2025

Hint: You can add it to your list of things to look forward to in the new year.

Sponsored by
Display of Stock market quotes with city scene reflect on glass

PNC economists provide updated analyses and forecasts of trends throughout the year.

Photo provided by PNC

The new year is looking bright — and so is the 2025 economy. According to PNC Chief Economist Gus Faucher, the US economy is in good shape, thanks to four primary drivers:

  1. Low unemployment
  2. Solid job gains
  3. Good wage growth
  4. Rising household wealth

Consider this: More jobs and rising wages often result in higher incomes and increased household spending. And since consumer spending makes up approximately two-thirds of the US economy, it’s reasonable to expect that the broader economy will expand too.

Other factors that support the health of the economy and quality of life include:

  • Slowing inflation
  • Continued strength in biz investment (think: equipment, workplaces, and technology for workers)
  • Falling interest rates and lower mortgage rates

Pro tip: PNC’s economic insights are updated throughout the year, so be sure to check back in.

Dive into the data

More from RALtoday
We’re blowing out the candles to celebrate six years of RALtoday — here are some of our favorite articles from over the years.
As the weather gets colder, soup is there to keep you warm. Get cozy with a cup or bowl at some of our favorite spots for soup in Raleigh, from pozole to pho and ramen.
This quiche from Durham’s Lutra will warm up your kitchen to welcome fall.
Directly north, east, south, and west of RAL, cities across the world await.
Skip the pumpkin patch and hire these local businesses to come and spruce up your landscaping with a seasonal touch.
The bread type is reaching new heights in popularity, and we’re here to help you find the best loaves in RAL, or start making your own.
Bookmark this guide for a curated list of events taking place each month that we’re most looking forward to.
It’s time to party. With over a quarter million pounds of trash collected, thousands of volunteers, and five years of community and impact, The Great Raleigh Cleanup is hosting a birthday bash.
Managing Editor Cat and Newsletter Editor Allie completed the Spring 2025 Raleigh Neighborhood College cohort — bookmark this to sign up for the next one, running March through May.
The City of Raleigh is gearing up for the holiday season, and tickets will go on sale soon for Holiday Express, one of the most in-demand events of the year. Here’s how to get yours.