US GDP Second Estimate for Q2 Matches Preliminary 1.5% Reading
Author: Investinglive·
Key Takeaways
- •The BEA’s second estimate for second-quarter 2026 U.S. GDP showed 1.5% growth, unchanged from the preliminary reading.
- •The first estimate for the quarter had shown 1.6% GDP growth.
- •Market expectations before the initial release had been for 2.1% growth.
- •The report also included updated readings on growth and inflation-related components that are closely watched for signs of household and business performance.
- •The article listed several component figures, but the specific revised values were shown as placeholders in the provided text.
US GDP Second Estimate for Q2 Matches Preliminary 1.5% Reading
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The Bureau of Economic Analysis released the second estimate of U.S. gross domestic product for the second quarter of 2026, showing growth of 1.5%, unchanged from the preliminary reading.
The first estimate for Q2 had shown GDP growth of 1.6%. Before that first release, expectations had been for 2.1% growth.
The report adds another read on the quarter’s growth profile and inflation-related measures, which are watched closely because GDP revisions can change the picture of how households and businesses were performing during the period. In this release, the BEA said the second estimate matched the preliminary reading, while the earlier first estimate had been slightly higher.
Other components in the release were listed as follows:
- GDP second revision: x.x% vs. 1.5% estimate
- Consumer spending: x.x% vs. 3.2% preliminary estimate
- GDP deflator: x.x% vs. 6.2% estimate
- Core PCE year over year: x.x% vs. 3.4% estimate
- PCE prices year over year: x.x% vs. 5.1% estimate
- PCE ex food, energy, and housing for Q2: x.x% vs. 3.2% preliminary
- PCE services ex energy and housing for Q2: x.x% vs. 3.4% preliminary
