The U.S. economy expanded at a 2.2% in Q2 2026, an upward revision reflecting stronger investment, consumer spending, and government outlays. Growth was broad-based across industries, led by private services and goods producers. measures showed measured increases, with slight downward revisions to price indexes.
Economic Growth and Revisions
increased at a 2.2% rate in Q2 2026, revised up 0.7 from the prior estimate, mainly due to upward revisions in investment, consumer spending, and government spending.
Consumer spending, investment, and exports contributed positively to growth, while imports rose, subtracting from growth.
Industry Contributions
Private services-producing industries increased by 2.5%, private goods-producing industries by 2.3%, and government activity was nearly unchanged.
Leading industry contributors included real estate, information, durable goods manufacturing, and finance and insurance.
Price Developments
The price index for gross domestic purchases rose 5.6%, revised down 0.2 points.
The increased 5.0%, also revised down 0.3 points, indicating price increases.
Facts and qualifications
Real () increased at an of 2.2 percent in the second quarter of 2026, revised up 0.7 from the second estimate. The growth rate is , not the actual percentage increase during the quarter.
The main contributors to the increase were consumer spending, investment, and exports, while imports increased as a subtraction.
From an industry perspective, private services-producing industries grew 2.5 percent, private goods-producing industries 2.3 percent, and government less than 0.1 percent in Q2 2026.
The price index for gross domestic purchases increased 5.6 percent in Q2 2026, with the () price index rising 5.0 percent, both revised down slightly. These are quarterly price-index changes, not year-over-year .
