<div id="readability-page-1">The engines powering U.S. economic growth have become increasingly “narrow,” with significant portions of national output now described as “weak or contracting,” according to analysts at UBS. In a research note, UBS analysts including Jonathan Pingle and Alan Detmeister said the outlook for the U.S. economy through 2028 is heavily dependent on continued investment in […]</div>

<p>UBS analysts warn that the drivers of U.S. economic growth are becoming increasingly concentrated, with many sectors showing signs of weakness or contraction. The outlook for the U.S. economy through 2028 relies heavily on sustained investment, indicating potential vulnerabilities in the growth landscape.</p>

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US growth drivers look increasingly concentrated at start of 2026, UBS warns