The US economy expanded at an annualized rate of 2.2% in Q2 2026, revised up by 0.7 percentage point from the 2nd estimate, following an upwardly revised 2.5% growth in Q1. The stronger estimate reflected upward revisions to investment, consumer spending, and government spending. The upward revision to investment reflected stronger private inventory and fixed investment, with nonresidential structures (particularly commercial and healthcare construction, led by data centers) providing the largest contribution. From an industry perspective, the growth was driven by increases in real value added across private services-producing industries (2.5%), private goods-producing industries (2.3%), and government (less than 0.1%). The largest contributions came from real estate and rental and leasing, information, durable goods manufacturing, and finance and insurance. These gains were partly offset by declines in transportation and warehousing, retail trade, and nondurable goods manufacturing. source: U.S. Bureau of Economic Analysis

The Gross Domestic Product (GDP) in the United States expanded 2.20 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in the United States averaged 3.19 percent from 1947 until 2026, reaching an all time high of 34.90 percent in the third quarter of 2020 and a record low of -28.00 percent in the second quarter of 2020. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

The Gross Domestic Product (GDP) in the United States expanded 2.20 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in the United States is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States GDP Growth Rate is projected to trend around 2.10 percent in 2027 and 2.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-26 12:30 PM
QoQ 2nd Est
Q2 1.5% 2.1% 1.5% 1.5%
2026-09-30 12:30 PM
QoQ Final
Q2 2.2% 2.5% 1.5% 1.5%
2026-10-29 12:30 PM
QoQ Adv
Q3 2.2% 0.9%



Components Last Previous Unit Reference
GDP Growth Contribution Consumer Spending 2.51 0.49 percentage points Jun 2026
GDP Growth Contribution Exports 0.56 1.43 percentage points Jun 2026
GDP Growth Contribution Government -0.01 0.80 percentage points Jun 2026
GDP Growth Contribution Imports -1.66 -1.47 percentage points Jun 2026
GDP Growth Contribution Investment 0.82 1.25 percentage points Jun 2026

Related Last Previous Unit Reference
Changes in Inventories -63.40 -34.70 USD Billion Jun 2026
Full Year GDP Growth 2.30 3.00 percent Dec 2025
GDP Annual Growth Rate 2.20 2.60 percent Jun 2026
GDP Constant Prices 24408.00 24274.40 USD Billion Jun 2026
GDP from Agriculture 187.50 184.80 USD Billion Jun 2026
GDP from Construction 870.00 863.10 USD Billion Jun 2026
GDP from Manufacturing 2470.60 2450.30 USD Billion Jun 2026
GDP from Mining 389.60 397.40 USD Billion Jun 2026
GDP From Government 2588.70 2588.40 USD Billion Jun 2026
GDP from Services 17905.60 17793.60 USD Billion Jun 2026
GDP from Transport 704.00 724.40 USD Billion Jun 2026
GDP from Utilities 395.70 388.20 USD Billion Jun 2026
GDP Growth Rate 2.20 2.50 percent Jun 2026
GDP Sales 2.80 2.30 percent Jun 2026
Government Spending 4086.60 4087.50 USD Billion Jun 2026
Gross Fixed Capital Formation 4645.80 4560.30 USD Billion Jun 2026
Gross National Product 24423.00 24276.00 USD Billion Jun 2026
Real Consumer Spending 3.80 0.70 percent Jun 2026


United States GDP Growth Rate
On the expenditure side, personal consumption expenditures accounts for 68 percent of total GDP out of which purchases of goods constitute 23 percent and services 45 percent. Private investment accounts for 16 percent of GDP and government consumption and investment for 18 percent. As the value of goods exported (13.5 percent) is lower than the value of goods imported (16.5 percent), net exports subtracts 3 percent from the total GDP value.
Actual Previous Highest Lowest Dates Unit Frequency
2.20 2.50 34.90 -28.00 1947 - 2026 percent Quarterly
SA

News Stream
US GDP Growth Revised Sharply Higher
The US economy expanded at an annualized rate of 2.2% in Q2 2026, revised up by 0.7 percentage point from the 2nd estimate, following an upwardly revised 2.5% growth in Q1. The stronger estimate reflected upward revisions to investment, consumer spending, and government spending. The upward revision to investment reflected stronger private inventory and fixed investment, with nonresidential structures (particularly commercial and healthcare construction, led by data centers) providing the largest contribution. From an industry perspective, the growth was driven by increases in real value added across private services-producing industries (2.5%), private goods-producing industries (2.3%), and government (less than 0.1%). The largest contributions came from real estate and rental and leasing, information, durable goods manufacturing, and finance and insurance. These gains were partly offset by declines in transportation and warehousing, retail trade, and nondurable goods manufacturing.
2026-09-30
US Economic Growth Slows to 1.5% in Q2
The US economy expanded at an annualized rate of 1.5% in the second quarter of 2026, slowing from 2.1% in the previous quarter and matching the preliminary estimate. Personal consumption expenditures surged 3.4%, the strongest increase since Q3 2025, driven by a 4.3% rise in goods spending and a 3.1% increase in services. Fixed investment climbed 7.0%, led by an 8.5% jump in nonresidential investment, as spending on equipment and intellectual property products benefited from strong AI demand. Residential investment rose 1.3%, ending a five-quarter contraction. Government spending fell 1.0%, dragged by a 13.2% plunge in nondefense federal spending. Net exports also weighed on growth, as imports surged 12.5%, outpacing a 4.5% increase in exports.
2026-08-26
US GDP Growth Slows in Q2
The US economy expanded an annualized 1.5% in Q2 2026, below 2.1% in Q1 and forecasts of 2.1% the advance estimate from the BEA showed. Nonresidential fixed investment slowed (8.4% vs 10.6% in Q1). Investment in structures contracted for a tenth consecutive quarter (-5% vs -4.7%) and growth in intellectual property products also eased (8.8% vs 13.8%) while equipment investment remained robust (15.2% vs 15.8%). Meanwhile, residential investment rose 1.5%, marking its first increase in six quarters. Net trade exerted a larger drag (-1.01 pp vs -0.37 pp) due to a slowdown in export growth (4.5% vs 10.9%), while import growth remained strong (11.5% vs 11.8%). Government spending fell 0.8% (vs +4.4%) following sales of crude oil from the Strategic Petroleum Reserve. Private inventories subtracted 0.67 pp from GDP growth. In contrast, consumer spending accelerated (3.2% vs 0.5%), led by prescription drugs, new light trucks, furniture, food services and accommodation.
2026-07-30