economy

US Economy Grew 2.2% in Q2 2026, BEA Final Estimate Shows

Summarized from U.S. Bureau of Economic Analysis

Real GDP rose 2.2% annualized in the second quarter, driven by consumer spending, investment, and exports, the BEA confirmed.

US Economy Grew 2.2% in Q2 2026, BEA Final Estimate Shows

The U.S. economy expanded 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. The reading reflects a modest deceleration from the revised 2.5 percent growth recorded in the first quarter of the year.

Consumer spending, business investment, and exports were the primary drivers of second-quarter growth. Imports rose during the period as well, applying a drag on the headline figure, since imports are subtracted in the standard GDP calculation.

Read more US Personal Income Rose 0.2% in August as Spending Surged →

State-level data released alongside the national figures showed wide variation in economic performance. New York led all states with real GDP growth of 4.0 percent, while West Virginia posted the weakest result, contracting 2.3 percent during the quarter.

The BEA's third estimate incorporates the most complete set of source data available for the April-through-June period and is generally considered the definitive reading for the quarter. The report also included updates on corporate profits, state personal income, and state personal consumption expenditures for 2025.

Continue reading at U.S. Bureau of Economic Analysis.

Frequently Asked Questions

Q.What was US GDP growth in the second quarter of 2026?

Real GDP grew at an annualized rate of 2.2 percent in the second quarter of 2026, according to the BEA's third and final estimate.

Q.Which state had the highest GDP growth in Q2 2026?

New York led all states with real GDP growth of 4.0 percent in the second quarter of 2026.

Q.Why did imports reduce GDP in Q2 2026?

Imports are subtracted in the standard calculation of GDP, so the increase in imports during the second quarter acted as a drag on the overall growth figure.

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