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 a 2.2 percent annual rate in the second quarter of 2026, according to the third and final estimate released by the Bureau of Economic Analysis, a modest deceleration from the revised 2.5 percent growth recorded in the first quarter.
Consumer spending, business investment, and exports were the primary engines behind the quarterly gain. Rising imports, which are subtracted from the GDP calculation, partially offset those contributions — a dynamic that reflects ongoing demand for foreign goods even as domestic output climbed.
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The state-level picture showed considerable divergence in economic performance. New York posted the strongest growth among all states at 4.0 percent, while West Virginia recorded the steepest contraction, with real GDP declining 2.3 percent over the same period. The spread underscores how national headline figures can mask significant regional variation driven by industry composition and local labor-market conditions.
The BEA's third estimate incorporates the most complete set of source data available for the quarter, making it the agency's definitive assessment of output during the April-through-June period. The report also included state personal income data and state-level personal consumption expenditure figures for 2025, providing a broader snapshot of household finances across the country.
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