US Q2 GDP Growth Revised Lower Amid Widening July Trade Deficit

The U.S. Bureau of Economic Analysis reported that the second estimate for Q2 2026 real GDP growth was revised down to 1.5 percent annually, from 2.1 percent in Q1. Concurrently, the U.S. goods and services trade deficit expanded significantly in July 2026 to $88.6 billion, driven by increased imports and decreased exports. These economic indicators provide a comprehensive update on the nation's economic performance and trade balance, offering insights into current economic trends.