| Q3 2026 | Q2 2026 | Chg. from Q2 2026 | Q3 2025 | Chg. from Q3 2025 | |
|---|---|---|---|---|---|
| Size of the U.S. Economy | |||||
| Nominal GDP | $33,010.0B | $32,563.0B | $447.0B | $31,180.5B | $1,829.5B |
| Real GDP | $24,611.1B | $24,408.0B | $203.1B | $24,113.0B | $498.1B |
| Q3 2026 | Q2 2026 | Chg. from Q2 2026 | |
|---|---|---|---|
| Quarterly growth rate, annualized (pp) | |||
| Nominal GDP | 5.6 | 8.5 | -2.9pp |
| – GDP deflator | 2.2 | 6.3 | -4.1pp |
| = Real GDP | 3.4 | 2.2 | 1.2pp |
| Contribution of subcomponents (pp) | |||
| Consumer spending | 2.5 | 2.5 | 0.0pp |
| Nonresidential fixed investment | 1.8 | 1.2 | 0.6pp |
| Residential investment | -0.1 | 0.1 | -0.2pp |
| Change in private inventories | 1.6 | -0.5 | 2.1pp |
| Net exports | -3.3 | -1.1 | -2.2pp |
| Government spending | 0.9 | 0.0 | 0.9pp |
| Total real GDP growth | 3.4 | 2.2 | 1.2pp |
| Subcomponent growth rates (pp) | |||
| Consumption | 3.8 | 3.8 | 0.0pp |
| Investment | 19.4 | 4.7 | 14.7pp |
| Exports | -5.7 | 5.0 | -10.7pp |
| Imports | 19.7 | 12.6 | 7.1pp |
| Government expenditures | 5.3 | -0.1 | 5.4pp |
| Date | Time | Release | Data source |
|---|---|---|---|
| Nov 04 | 08:30 AM | Monthly Trade Update, September 2026 | Bureau of Economic Analysis |
| Nov 06 | 08:30 AM | Monthly Employment Update, October 2026 | Bureau of Labor Statistics |
| Nov 06 | 10:00 AM | Monthly Debt Update, November 2026 | U.S. Treasury |
| Nov 10 | 08:30 AM | Monthly Inflation Update, October 2026 | Bureau of Labor Statistics |
| Nov 13 | 10:00 AM | Monthly Fiscal Update, October 2026 | U.S. Treasury |
| Nov 20 | 10:00 AM | State Employment and Unemployment, October 2026 | Bureau of Labor Statistics |
| Nov 25 | 08:30 AM | Monthly Expenditures Update, October 2026 | Bureau of Economic Analysis |
| Nov 25 | 08:30 AM | Monthly GDP Update, Q3 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.