US Second Quarter GDP Revised Upward to 2.2% Driven by Consumer Spending and AI Investment

The U.S. economy's real gross domestic product (GDP) growth for the second quarter of 2026 was revised upward to an annual rate of 2.2%, a significant increase from the previous estimate of 1.5%. This acceleration in economic activity between April and June was primarily fueled by robust consumer spending and substantial investments in artificial intelligence infrastructure.