U.S. Q2 2026 GDP Third Estimate Revised Upward; Current-Account Deficit Widens

The third estimate for U.S. real gross domestic product (GDP) in the second quarter of 2026 showed an annualized increase of 2.2 percent, a revision from previous estimates. In the first quarter, real GDP had increased by 2.5 percent. Separately, the U.S. current-account deficit, reflecting international economic transactions, widened by $33.4 billion (15.7 percent) to $246.0 billion in the second quarter of 2026. This deficit represented 3.0 percent of current-dollar gross domestic product, up from 2.7 percent in the first quarter.