The Council of Economic Advisers today announced the release of the 2026 Economic Report of the President.
The Economic Report of the President is prepared annually by the Council of Economic Advisers, providing a comprehensive review of the past year’s economic policies and their impact on current and future economic conditions. This year’s Report breaks down 14 topics of importance to the economy and to American families.
Each of the Report’s chapters delves deeply into one of the Administration’s policy priorities.
- Chapter 1: The Economic and Fiscal Benefits of the One Big Beautiful Bill Act provides estimates for the economic and fiscal impact of the OBBBA, including on GDP, wages, and debt;
- Chapter 2: Promoting Prosperity through Regulatory Reform measures the cost of regulations and estimates the savings from deregulatory reforms undertaken by the Trump Administration;
- Chapter 3: Rebuilding America’s International Trade Policy articulates the economic framework underpinning the Trump Administration’s America First trade policy and its early successes;
- Chapter 4: Achieving Energy Dominance to Power American Prosperity shows how unleashing American energy will boost growth and enhance national and economic security;
- Chapter 5: The Revolution of Artificial Intelligence catalogs the rapid development of AI and America’s global leadership;
- Chapter 6: Protecting and Rebuilding the American Dream of Homeownership assesses the scale, causes, and consequences of the housing crunch and quantifies the potential affordability and growth effects of implementing state and local best practices to unleash housing supply;
- Chapter 7: Strengthening America’s Industrial Supply Chains outlines a systematic framework for assessing supply chain vulnerabilities and understanding the steps the Administration is taking to remedy them and create greater industrial resilience;
- Chapter 8: Strengthening the United States’ Defense Industrial Base assesses America’s defense industrial base in a historical and international context and discusses the Administration’s solutions to further revive the defense industrial base in the face of multifaceted demand-side and supply-side barriers;
- Chapter 9: Work Means More than Making a Living evaluates the role of work in human flourishing along with current and prospective Trump Administration actions to elevate workers through reforms to the safety net, workforce training, childcare, and the tax code;
- Chapter 10: the Economic Consequences of DEI quantifies the GDP cost of distortive, non-merit-based, DEI hiring;
- Chapter 11: Making America Healthy by Unleashing Competition in Physicians’ Markets looks at Trump Administration’s achievements that improve Americans’ access to healthcare providers;
- Chapter 12: Unlocking Retail Access to Private Equity Investments through Defined Contribution Plans analyzes the implications of expanding access to private equity investments for millions of Americans through their defined contribution retirement plans, including effects on portfolio diversification, risk-adjusted returns, retirement income, and broader capital market and real economy outcomes;
- Chapter 13: The Cost of Capital Misallocation to ESG Investments with an Environmental Focus quantifies the extent of capital misallocation to environmentally-focused ESG investments and the resulting loss of GDP; and
- Chapter 14: The Year in Review and the Years Ahead explains the macroeconomic events of this past year and provides a forecast for the years to come under the Administration’s proposed policies.
About the Council of Economic Advisers
The Council of Economic Advisers was established by the Employment Act of 1946 to offer the President objective economic advice on the formulation of both domestic and international economic policy. The Council bases its recommendations and analysis on economic research and empirical evidence, using the best data available to support the President in setting our nation’s economic policy to promote employment, production, and purchasing power under free competitive enterprise. Its members are appointed by the President and its chairman is confirmed by the Senate.