US Q1 2026 GDP rises 2.1% as growth broadens across sectors
TL;DR
BEA reports real GDP grew 2.1% at an annual rate in Q1 2026, driven by investment, exports, government spending, and consumer spending, with imports rising as a subtraction and a modest drag from consumer spending revisions. GDP by industry shows strength in government and private goods-producing sectors, with Washington leading state growth at 4.5% SAAR and South Dakota sliding. Personal income rose 3.4% across states, though Hawaii saw a drop in transfer receipts tied to a Maui wildfire settlement. BEA also announced 2026 annual updates to national and regional accounts will begin on Sept 30, 2026.
- GDP (Third Estimate), Industries, Corporate Profits, State GDP, and State Personal Income, 1st Quarter 2026 U.S. Bureau of Economic Analysis (BEA) (.gov)
- US economy grew at 2.1% in first quarter Fox Business
- GDP Growth Revised Higher for First Quarter WSJ
- US economy expanded at a solid 2.1% annual pace from January through March, the Commerce Department said in a revision 10TV
- US GDP growth revised up to 2.1% in Q1 Breakingthenews.net
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Read on U.S. Bureau of Economic Analysis (BEA) (.gov)