US Q2 GDP Growth Revised Downward to 1.5%

The U.S. Bureau of Economic Analysis (BEA) revised down its second estimate for Q2 2026 real GDP growth to an annual rate of 1.5%, a decrease from the 2.1% growth in Q1. This revision indicates a slower pace of economic expansion than initially reported. Consumer spending, exports, and investment were primary drivers, partially offset by reduced government spending.