economy

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

Summarized from U.S. Bureau of Economic Analysis

Real GDP rose at a 2.2% annual rate in the second quarter of 2026, driven by consumer spending, investment, and exports.

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 pace represented a modest slowdown from the first quarter, when real gross domestic product grew 2.5 percent in a figure that was itself revised from an earlier reading.

Consumer spending, business investment, and exports were the primary engines behind the second-quarter advance. Imports, which are subtracted from GDP in the national accounts, also rose during the period — a factor that partially offset gains from the other components and weighed on the headline figure.

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

State-level data released alongside the national numbers revealed stark regional disparities. New York posted the strongest performance among all states, with real GDP climbing 4.0 percent. West Virginia recorded the steepest contraction, with output falling 2.3 percent — underscoring persistent economic divergence across different parts of the country.

The BEA's third estimate is considered the most complete reading of quarterly output, incorporating additional source data not available at the time of earlier releases. The report also included industry-level GDP breakdowns, corporate profits, state personal income figures, and state-level personal consumption expenditures data for 2025, offering a broad snapshot of economic conditions across multiple dimensions of the U.S. economy.

Continue reading at U.S. Bureau of Economic Analysis

Frequently Asked Questions

Q.What was the US GDP growth rate 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 Bureau of Economic Analysis's third and final estimate.

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

New York recorded the strongest state-level performance, with real GDP rising 4.0 percent in the second quarter of 2026.

Q.What factors drove US GDP growth in Q2 2026?

Consumer spending, investment, and exports were the main contributors to second-quarter growth. Imports, which subtract from GDP, also increased and partially offset those gains.

More in economy →