Real gross domestic product (GDP) increased at an annual rate of 2.2% in the second quarter of 2026 (April, May, and June), according to the third estimate released on Sept. 30 by the U.S. Bureau of Economic Analysis (BEA). In the first quarter, real GDP increased 2.5% (revised).
Real GDP was revised up 0.7 percentage point from the second estimate, primarily reflecting upward revisions to investment, consumer spending, and government spending.
From an industry perspective, the increase in real GDP reflected increases in real value added of 2.5% for private services-producing industries, 2.3% for private goods-producing industries, and less than 0.1% for government. The leading industry contributors to the increase in real GDP were real estate and rental and leasing, information, durable goods manufacturing, and finance and insurance. The leading offsets were decreases in transportation and warehousing, retail trade, and nondurable goods manufacturing.
