11.11.202523:32:53UTC+00White House Sees US Growth Rebounding to 3–4% by Early 2026

White House economic adviser Kevin Hassett projected on Tuesday that the U.S. economy is on track to resume a growth rate of 3% to 4% by the first quarter of 2026, as reported by CNBC and Reuters. According to Hassett, the recent government shutdown is expected to reduce growth by approximately 1 to 1.5 percentage points from the near 4% rates experienced last year. "The crucial question is when will we recover from this," Hassett stated in an interview with CNBC. "Some of the economic activity we lost is irretrievable, but I anticipate that by the first quarter of next year, we will be back to a robust growth rate of 3% or 4%." Despite warnings from economists about adverse factors such as weaker consumer spending, sluggish global trade, slow job creation, rising unemployment, and ongoing inflation, an increase in business investment could serve to mitigate some of these challenges.