US GDP Growth Revised to 1.6% in Q1 2026; April Personal Income Stagnates

The U.S. Bureau of Economic Analysis reported that the second estimate for real GDP growth in the first quarter of 2026 was 1.6 percent annually. Separately, personal income in April 2026 showed minimal change, decreasing by less than 0.1 percent. These figures provide an updated snapshot of the nation's economic performance.