US Economy Grew 2.2% in Q2 2026, BEA Final Estimate Shows
Real GDP rose at a 2.2% annual rate in the second quarter of 2026, driven by consumer spending, investment, and exports.
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 from the Bureau of Economic Analysis released Thursday. The reading covers the April-through-June period and follows a downwardly comparable first-quarter pace of 2.5 percent, which was itself revised in the same report.
Consumer spending, business investment, and exports were the primary engines behind the quarterly gain, the BEA said. Imports, which are subtracted from the GDP calculation, also rose during the period — a factor that partially offset growth from the other components. The net result reflects an economy still expanding at a moderate clip despite persistent crosscurrents in global trade and domestic demand.
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State-level data released alongside the national figures illustrated a wide divergence in regional economic performance. New York posted the strongest growth among all states, with real GDP climbing 4.0 percent, while West Virginia recorded the steepest contraction at negative 2.3 percent. The spread underscores how national headline figures can mask substantially different outcomes across industries and geographies.
The BEA's third estimate is considered the most complete of the three successive quarterly GDP readings, incorporating additional source data not available in earlier releases. The report also included figures on corporate profits, state personal income, and state personal consumption expenditures for 2025, providing a broader picture of economic conditions across multiple levels of the domestic economy.
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