US Q1 2026 GDP rises 2.1% as growth broadens across sectors

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Source: U.S. Bureau of Economic Analysis (BEA) (.gov)
TL;DR Summary

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.

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Read on U.S. Bureau of Economic Analysis (BEA) (.gov)