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%. Personal consumption expenditure increased 2.1%, the same as in the previous period. Exports accelerated (3.7% vs 1.1%) while imports shrank 7% (vs -1.9%). Government spending and investment also rebounded (0.2% vs -1.2%). In contrast, gross private domestic investment contracted 1.2%, following a 2.1% rise in the previous period. 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. 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. This page provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2026.
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.