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The Bureau of Economic Analysis kept its headline growth figure unchanged but lifted its read on consumer demand and business investment
Grocery shopping at a store.
The U.S. economy expanded at an annualized rate of 1.5% in the second quarter of 2026, the Bureau of Economic Analysis said Wednesday, matching its advance estimate but revealing stronger underlying demand than first reported.
Growth slowed from the 2.1% pace recorded in the first quarter. Consumer spending — which makes up more than two-thirds of the U.S. economy — came in at an annualized 3.4% rate, beating the 3.2% figure in the advance estimate, according to Bloomberg. The upward revision to spending was driven by services, led by health care, and was partly offset by a downward revision to goods, the BEA said.
