| Q2 2026 | Q1 2026 | Chg. from Q1 2026 | Q2 2025 | Chg. from Q2 2025 | |
|---|---|---|---|---|---|
| Size of the U.S. Economy | |||||
| Nominal GDP | $32,475.2B | $31,865.7B | $609.5B | $30,485.7B | $1,989.5B |
| Real GDP | $24,270.6B | $24,180.4B | $90.2B | $23,771.0B | $499.6B |
| Q2 2026 | Q1 2026 | Chg. from Q1 2026 | |
|---|---|---|---|
| Quarterly growth rate, annualized (pp) | |||
| Nominal GDP | 7.9 | 5.8 | 2.1pp |
| – GDP deflator | 6.4 | 3.7 | 2.7pp |
| = Real GDP | 1.5 | 2.1 | -0.6pp |
| Contribution of subcomponents (pp) | |||
| Consumer spending | 2.1 | 0.4 | 1.7pp |
| Nonresidential fixed investment | 1.1 | 1.4 | -0.3pp |
| Residential investment | 0.0 | -0.3 | 0.3pp |
| Change in private inventories | -0.7 | 0.2 | -0.9pp |
| Net exports | -1.0 | -0.4 | -0.6pp |
| Government spending | -0.1 | 0.7 | -0.8pp |
| Total real GDP growth | 1.5 | 2.1 | -0.6pp |
| Subcomponent growth rates (pp) | |||
| Consumption | 3.2 | 0.5 | 2.7pp |
| Investment | 3.0 | 7.9 | -4.9pp |
| Exports | 4.5 | 10.9 | -6.4pp |
| Imports | 11.5 | 11.8 | -0.3pp |
| Government expenditures | -0.8 | 4.4 | -5.2pp |
| Date | Time | Release | Data source |
|---|---|---|---|
| Aug 04 | 08:30 AM | Monthly Trade Update, June 2026 | Bureau of Economic Analysis |
| Aug 07 | 08:30 AM | Monthly Employment Update, July 2026 | Bureau of Labor Statistics |
| Aug 07 | 10:00 AM | Monthly Debt Update, August 2026 | U.S. Treasury |
| Aug 12 | 08:30 AM | Monthly Inflation Update, July 2026 | Bureau of Labor Statistics |
| Aug 13 | 10:00 AM | Monthly Fiscal Update, July 2026 | U.S. Treasury |
| Aug 21 | 10:00 AM | State Employment and Unemployment, July 2026 | Bureau of Labor Statistics |
| Aug 26 | 08:30 AM | Monthly Expenditures Update, July 2026 | Bureau of Economic Analysis |
| Aug 26 | 08:30 AM | Monthly GDP Update, Q2 2026 Second Estimate | Bureau of Economic Analysis |
Source: Bureau of Economic Analysis; U.S. Treasury; JEC Republicans calculations
“pp” = percentage points
“Real” values are expressed in chained 2017 dollars.
Discrepancy in change figures is possible due to rounding.