Gross Domestic Product, 1st Quarter 2026 (Third Estimate)
- Feb 19
- 1 min read
Updated: Jun 26
The U.S. economy picked up speed in early 2026. The Bureau of Economic Analysis's third estimate shows real GDP grew at a 2.1% annualized rate in Q1 2026 — revised up half a point from the prior estimate, and a solid rebound from the weak 0.5% growth in Q4 2025.
The upgrade mainly reflects lower import figures, partly offset by softer consumer spending, particularly in financial services and travel. Investment, exports, government spending, and consumer spending all added to growth.
By industry, government and goods-producers led the gains, while retail, wholesale trade, and finance lagged. Inflation ran a touch hotter than first reported, with PCE prices up 4.6% and core PCE up 4.4%. Corporate profits rose $74.4 billion, and personal income climbed 3.4% nationally.
Regionally, GDP grew in 46 states, led by Washington state; South Dakota was the lone state to shrink.
Explore the full report below for a deeper breakdown of the data and trends:
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