BEA third estimate: U.S. real GDP up 2.2% annualized in Q2 2026; PCE inflation 5.0%
The U.S. Bureau of Economic Analysis’ third estimate shows real GDP rose 2.2% at an annual rate in the second quarter of 2026, revised up 0.7 percentage point from the prior estimate, with consumer spending, investment and exports the main contributors and the PCE price index up 5.0%.
The BEA’s third estimate for the second quarter of 2026 (April–June) reports real GDP grew 2.2% at an annual rate, a 0.7 percentage-point upward revision from the second estimate, driven primarily by upward revisions to investment, consumer spending and government spending. Current-dollar GDP rose 8.5% and real final sales to private domestic purchasers increased 4.6%.
Prices and income: the price index for gross domestic purchases increased 5.6% and the personal consumption expenditures (PCE) price index rose 5.0% (core PCE up 3.3%). Profits from current production increased by $384.0 billion in the quarter. On a state basis, real GDP rose in 44 states and the District of Columbia, and current-dollar personal income rose in 49 states and the District of Columbia.
BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.
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