US Economy Grew 2.2% in Q2 2026, BEA Final Estimate Shows
Real GDP expanded at a 2.2% annual rate in Q2 2026, driven by consumer spending, investment, and exports, the BEA confirmed.
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. The reading covers April through June and follows a revised 2.5 percent expansion in the first quarter, marking a modest but continued deceleration in output growth.
Consumer spending, business investment, and exports each contributed positively to the quarterly gain. Imports, which function as a drag on the GDP calculation because they represent domestic demand met by foreign production, rose during the period, partially offsetting those gains. The BEA did not specify the relative weight of each component in this summary release.
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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 at 4.0 percent, while West Virginia registered the sharpest contraction, with real GDP falling 2.3 percent. The spread between the top and bottom performers underscores how national headline figures can mask significant regional variation driven by industry mix and local labor market conditions.
The report also included data on corporate profits, state personal income, and state-level personal consumption expenditures for 2025, providing a broad snapshot of economic activity at both the national and regional levels. Analysts will scrutinize the underlying industry and income data for signals about where momentum is building or fading ahead of the second half of 2026.
Continue reading at U.S. Bureau of Economic Analysis.
