The US economy expanded 2.7% year-on-year in the first quarter of 2026, slightly above the previous period's growth of 2.0%, according to preliminary estimates. GDP Annual Growth Rate in the United States averaged 3.15 percent from 1948 until 2026, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -7.40 percent in the second quarter of 2020. source: U.S. Bureau of Economic Analysis

The Gross Domestic Product (GDP) in the United States expanded 2.70 percent in the first quarter of 2026 over the same quarter of the previous year.

The Gross Domestic Product (GDP) in the United States expanded 2.70 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in the United States is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States GDP Annual Growth Rate is projected to trend around 3.10 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Changes in Inventories -7.50 -15.60 USD Billion Mar 2026
Consumer Spending 16731.20 16665.20 USD Billion Mar 2026
Full Year GDP Growth 2.10 2.80 percent Dec 2025
GDP Annual Growth Rate 2.70 2.00 percent Mar 2026
GDP Constant Prices 24174.50 24055.70 USD Billion Mar 2026
GDP from Agriculture 208.80 200.70 USD Billion Dec 2025
GDP from Construction 885.00 889.10 USD Billion Dec 2025
GDP from Manufacturing 2408.60 2434.60 USD Billion Dec 2025
GDP from Mining 375.20 369.60 USD Billion Dec 2025
GDP From Government 2549.20 2601.40 USD Billion Dec 2025
GDP from Services 17630.50 17529.70 USD Billion Dec 2025
GDP from Transport 749.30 755.90 USD Billion Dec 2025
GDP from Utilities 350.10 353.50 USD Billion Dec 2025
GDP Growth Rate 2.00 0.50 percent Mar 2026
Government Spending 3999.70 3957.10 USD Billion Mar 2026
Gross Fixed Capital Formation 4472.80 4405.70 USD Billion Mar 2026
Gross National Product 24173.70 24064.00 USD Billion Dec 2025


United States GDP Annual Growth Rate
The United States is the world’s largest economy. Yet, in the last two decades, like in the case of many other developed nations, its growth rates have been decreasing. If in the 50’s and 60’s the average growth rate was above 4 percent, in the 70’s and 80’s dropped to around 3 percent. In the last ten years, the average rate has been below 2 percent and since the second quarter of 2000 has never reached the 5 percent level.
Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.00 13.40 -7.40 1948 - 2026 percent Quarterly