U.S. Q2 2026 GDP Growth Revised to 1.5% Annually, Underlying Domestic Demand Remains Strong

The U.S. Bureau of Economic Analysis (BEA) released its second estimate for the second quarter of 2026, showing that real gross domestic product (GDP) increased at an annual rate of 1.5 percent. This marks a deceleration from the 2.1 percent growth observed in the first quarter. Despite the overall slowdown, final sales to private domestic purchasers were revised upward to 4.2%, suggesting strong underlying economic momentum driven by consumer spending and nonresidential investment.