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GDP (Third Estimate), Industries, Corporate Profits, State GDP, and State Personal Income, 1st Quarter 2026

The Bureau of Economic Analysis released a third estimate showing the US economy grew at an annual rate of 2.1% from January through March 2026. Growth was driven by increases in investment, exports, government spending, and consumer spending. This follows a 0.5% increase in real GDP during the fourth quarter of 2025.

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What changed

The first quarter GDP estimate was revised upward from 1.6% to 2.1%.

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  1. US GDP Growth Revised to 2.1% for First Quarter 2026

    The Bureau of Economic Analysis released a third estimate showing the US economy grew at an annual rate of 2.1% from January through March 2026. Growth was driven by increases in investment, exports, government spending, and consumer spending. This follows a 0.5% increase in real GDP during the fourth quarter of 2025.

    What's confirmed:

    • Real gross domestic product increased at an annual rate of 2.1 percent in the first quarter of 2026.
    • The third estimate for the first quarter of 2026 was released by the U.S. Bureau of Economic Analysis on June 25.
    • Real GDP increased 0.5 percent in the fourth quarter of 2025.
    • Contributors to the first quarter growth included increases in investment, exports, government spending, and consumer spending.
    • Imports increased during the first quarter, acting as a subtraction in the GDP calculation.

    Still unconfirmed:

    • Consumer spending nearly stalled despite the overall GDP increase.
    • Western and Southeastern states experienced economic bumps in the first quarter.
    • The new BEA releases indicate higher inflation.
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