US GDP Grows 2.0% in Q1 2026; Trade Deficit Widens

The U.S. Bureau of Economic Analysis (BEA) reported that the nation's real gross domestic product (GDP) expanded by 2.0 percent annually in the first quarter of 2026. This growth follows a 0.5 percent increase in the previous quarter. Additionally, the BEA noted an increase in the U.S. international trade deficit for March 2026, reaching $60.3 billion, primarily due to a rise in imports exceeding exports.