U.S. Bureau of Economic Analysis Releases Updated Q1 GDP, May Personal Income and Outlays, and April Trade Deficit

The U.S. Bureau of Economic Analysis (BEA) released updated economic data, showing that real gross domestic product (GDP) increased at an annual rate of 2.1% in the first quarter of 2026. Personal income rose by 0.7% in May, with disposable personal income also increasing by 0.7%. The U.S. monthly international trade deficit decreased in April 2026 to $55.9 billion, as exports increased more than imports.