The BEA revised second-quarter growth up to a 2.2 per cent , alongside higher private demand and uneven industry and state results.
A higher second-quarter estimate
US grew at a 2.2 per cent in the second quarter of 2026, the BEA’s third estimate reports, following revised first-quarter growth of 2.5 per cent. The quarter-to-quarter increase was 0.6 per cent.
expresses the quarter’s growth pace as if it continued for a full year.
The estimate was revised up 0.7 as investment, consumer spending and government spending estimates increased. Real final sales to private domestic purchasers grew 4.6 per cent at an , revised up 0.4 . That measure provides a separate view of private domestic demand.
Consumer spending, investment and exports contributed to growth. Imports increased as well. The calculation subtracts imported content included in spending to count domestic production.
Industries and
Private services increased at a 2.5 per cent , private goods 2.3 per cent and government less than 0.1 per cent. Leading contributors included real estate and rental, information, durable manufacturing and finance. Transportation and warehousing, retail and nondurable manufacturing offset some growth.
increased at a five per cent , with services up six per cent, goods three per cent and government 2.6 per cent. includes intermediate production used by other producers. measures , avoiding counting those inputs again as final domestic output.
Income, profits and prices
grew 2.6 per cent, revised up 0.4 . The average of and grew 2.4 per cent, revised up 0.6 . measures production through expenditure and through income; their estimates can differ because they use different source information.
Corporate profits increased US$384 billion, with the estimated increase revised down US$16.9 billion.
The gross domestic purchases price index increased at a 5.6 per cent , revised down 0.2 . rose five per cent and 3.3 per cent, each revised down 0.3 . The figures express the quarter’s price-change pace on a yearly basis.
An uneven state account
increased in 44 states and DC, ranging from New York’s four per cent growth to West Virginia’s 2.3 per cent decline. Finance contributed to growth in New York and Delaware; mining weighed on West Virginia and Wyoming.
State increased US$314.3 billion, or 4.7 per cent , with gains in 49 states and DC. Wisconsin grew 6.4 per cent, while North Dakota declined 4.2 per cent.
Earnings rose in 48 states and DC, with Minnesota up 7.3 per cent and North Dakota down 9.3 per cent. rose in 48 states and DC, including Wisconsin up 13 per cent and Oregon down 3.9 per cent. increased in every state, ranging from Tennessee’s 5.1 per cent to Iowa’s 3.3 per cent.
The separate annual consumption account for 2025 shows spending increased 5.3 per cent nationally and in every state, with gains in 14 of 16 categories. Florida rose seven per cent and California 4.2 per cent; health care and housing/utilities were leading contributors.
Revisions and upcoming data
The annual update revised estimates from the first quarter of 2021 through the first quarter of 2026, using improved source data and while retaining 2017 as the reference year.
First-quarter grew 2.5 per cent, revised up 0.4 ; rose 1.8 per cent, up 0.1 . grew 2.5 per cent, revised up 1.3 , and the / average 2.5 per cent, up 0.8 . The first-quarter profits increase was US$63.4 billion, revised down US$11 billion.
Second-quarter revisions drew on Census and USDA inventory data, updated construction and residential-improvement information, BLS data, services and retail revisions, and defence . Recreation and other services were revised higher; air transport was revised lower.
The third-quarter advance estimate was scheduled for October 29.
