US Economy Grew 2.2% in Q2 2026, BEA Final Estimate Shows
Real GDP rose 2.2% annually in Q2 2026, driven by consumer spending, investment, and exports, the BEA confirmed.
The U.S. economy expanded 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, a modest step down from the 2.5 percent growth recorded in the first quarter after revision.
Consumer spending, private investment, and exports were the primary drivers of second-quarter growth. Rising imports, which are subtracted in GDP calculations, partially offset those gains — a dynamic that reflects sustained domestic demand even as trade flows complicate the headline number.
Read more Fed Governor Cook Addresses Dual Mandate in Rural America →
State-level data revealed sharp regional divergence. New York led all states with real GDP growth of 4.0 percent, while West Virginia posted the steepest contraction at negative 2.3 percent, illustrating how national averages can obscure markedly different economic conditions across the country.
The BEA's third estimate incorporates the most complete set of source data available for the quarter, making it the definitive reading on Q2 output. The accompanying release also included industry-level GDP, corporate profits, state personal income, and 2025 state personal consumption expenditure data, offering a broad cross-section of the economy's performance.
Continue reading at U.S. Bureau of Economic Analysis