30 September 2026, 15:36 US: GDP Growth Revised Sharply Higher.
The US economy expanded at an annualized rate of 2.2% in Q2 2026, revised up 0.7 percentage point from the second estimate. There were upward revisions for investment, consumer spending, and government spending. From an industry perspective, the increase in real GDP reflected increases in real value added of 2.5 percent for private services-producing industries, 2.3 percent for private goods-producing industries, and less than 0.1 percent for government. The leading industry contributors to the increase in real GDP were real estate and rental and leasing, information, durable goods manufacturing, and finance and insurance. The leading offsets were decreases in transportation and warehousing, retail trade, and nondurable goods manufacturing.
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