Pennsylvania Economic Outlook 2026
GDP growth, unemployment, tariff impacts, and economic forecast for Pennsylvania heading into the 2026 elections.
2.3%
GDP Growth Rate
3.8%
Unemployment Rate
Balanced
State Budget Outlook
Stable
Job Growth Forecast
2026 Economic Overview
Pennsylvania is the ultimate swing state on economic issues. Steel tariffs are popular in western PA; natural gas development is a major issue statewide. The 2026 Senate race will heavily feature economic themes.
Key Economic Indicators
| Indicator | Value / Status |
|---|---|
| GDP Growth Rate | 2.3% |
| Unemployment Rate | 3.8% |
| Top Economic Sector | Healthcare, Finance, Manufacturing |
| State Budget Outlook | Balanced |
| Job Growth Forecast | Stable |
| Tariff Impact | High — steel/aluminum manufacturing; natural gas export dynamics |
| Key Economic Risk | Natural gas fracking political debate; steel tariff dynamics complex; aging workforce |