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 annualized 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 slowdown from the revised 2.5 percent expansion recorded in the first quarter.
Consumer spending, business investment, and exports were the primary engines of growth during the April-through-June period. Imports rose as well, which acted as a partial drag on the headline figure, since spending on foreign goods is subtracted from the GDP calculation.
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State-level data revealed a wide divergence in economic performance across the country. New York posted the strongest growth among all states, with real GDP climbing 4.0 percent, while West Virginia recorded the sharpest contraction, with output falling 2.3 percent. The gap underscores persistent regional disparities in economic activity even as the national aggregate remained in positive territory.
The BEA's third estimate incorporated additional source data not available at earlier release stages, refining the picture of second-quarter activity. The report also included state personal income figures and state-level personal consumption expenditure data for 2025, offering a broader snapshot of where household spending power is concentrated across the United States.
Continue reading at U.S. Bureau of Economic Analysis.
