US Economy Grew 2.2% in Q2 2026, BEA Final Estimate Shows
Real GDP expanded at a 2.2% annual rate in the second quarter of 2026, driven by consumer spending, investment, and exports.
The U.S. economy grew at an annual rate of 2.2 percent in the second quarter of 2026, according to the third and final estimate released by the Bureau of Economic Analysis, marking a modest slowdown from the 2.5 percent pace recorded in the first quarter, which was itself revised upward.
Consumer spending, business investment, and exports all contributed positively to second-quarter growth. Imports, which are subtracted from the GDP calculation, also rose during the period — a factor that partially offset gains from the other components and put downward pressure on the headline figure.
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State-level data revealed a wide geographic spread in economic performance. New York posted the strongest growth among all states, with real GDP rising 4.0 percent, while West Virginia recorded the sharpest contraction, with output declining 2.3 percent. The gap between the top and bottom performers underscores persistent regional divergences in the broader national expansion.
The BEA's third estimate incorporates the most complete set of source data available for the quarter, covering industry-level GDP, corporate profits, state personal income, and state personal consumption expenditures through 2025. Economists and policymakers typically treat this release as the definitive picture of quarterly economic activity before annual revisions are applied.
Continue reading at U.S. Bureau of Economic Analysis.
