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Fitch: Consumer spending predicted to slow to 1.7% in 2026

CJ Moore

U.S. economic growth likely will cool in 2026 as consumer spending weakens and global oil prices influence activity and demand, according to Fitch Ratings.  Compressed spending, in turn, could influence auto asset-backed securitizations (ABS) issuance, which is largely correlated with vehicle sales.  Fitch Ratings economists estimate growth in consumer spending will slow to 1.7% in 2026, down from an annual 2.5% to 3% over the past four years in the U.S., according […]

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