GDP Comes in at Tepid 2% Rate in First Quarter

Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the first quarter of 2026 (January, February, and March), according to the advance estimate released today by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2025, real GDP increased 0.5 percent.

Real GDP, Percent Change From Preceding Quarter

The contributors to the increase in real GDP in the first quarter were investment, exports, consumer spending, and government spending. Imports, which are a subtraction in the calculation of GDP, also increased. For more information, refer to the “Technical Notes” below.

Contributions to Percent Change in Real GDP

Compared to the fourth quarter of 2025, the acceleration in real GDP in the first quarter of 2026 reflected upturns in government spending and exports, and an acceleration in investment that were partly offset by a deceleration in consumer spending. Imports turned up.

Real final sales to private domestic purchasers, the sum of consumer spending and gross private fixed investment, increased 2.5 percent in the first quarter, compared with an increase of 1.8 percent in the fourth quarter.

The price index for gross domestic purchases increased 3.6 percent in the first quarter, compared with an increase of 3.7 percent in the fourth quarter. The personal consumption expenditures (PCE) price index increased 4.5 percent, compared with an increase of 2.9 percent, and the PCE price index excluding food and energy increased 4.3 percent, compared with an increase of 2.7 percent.

Quarter-to-Quarter Change in Prices
Real GDP and Related Measures
[Percent change (SAAR) from 2025:Q4 to 2026:Q1]
Advance Estimate
Real GDP 2.0
Current-dollar GDP 5.6
Real final sales to private domestic purchasers 2.5
Gross domestic purchases price index 3.6
PCE price index 4.5
PCE price index excluding food and energy 4.3
For definitions, statistical conventions, updates to GDP, and more information about national statistics, visit “additional information.”

16 Responses to "GDP Comes in at Tepid 2% Rate in First Quarter"

  1. Anonymous   April 30, 2026 12:46 pm - at 12:46 pm

    The unemployment data from the maga labor dept are BS.
    The stock market also is a fraud, as the inflation, and projection of higher inflation due to the illegal Iran war-not a war according to maga mike.

    The projections by economists for the economy for the next 6 months is dismal.

    As long as maga don keeps the world hostage with his Epstein distraction everyone will have economic distress .

    This elective illegal war is killing people with the loss of transportation, food security, especially the poorer countries.

    • Anonymous   May 1, 2026 7:22 am - at 7:22 am

      EAT ME!

  2. Anonymous   April 30, 2026 3:12 pm - at 3:12 pm

    Hello I’m a MAGA follower from Calaveras County.

    I am so glad Prez Trump is going back on his promise to have his wonderful gold plated ballroom paid for by all donations and instead is going to try to have you, me, EVERYONE who pays taxes, fund it.

    I will gladly fall in line like the rest of the ignorant, uneducated, lower income sheep that comprise his faithful base. We will do anything he says blindly and without hesitation. We love little Mike Johnson, Lady Lindsey Graham, Scott “backdoor daddy” Bessent, and all of the clowns that makeup our leaders inner circle.

    I don’t need the little money I have left over from my take home pay for maybe personal use. I will gladly give it all to our leader Fuhrer Trump, and I hope that the rest of you will gladly give up YOUR hard earned money that he needs to construct the much needed gold ballroom that would never be seen by 99.99999999% of the American Public.
    Come on, do your part, give Don the money he so richly deserves.

    Thank you for your attention to this matter.

    A dumb Trumpster

  3. Anonymous   April 30, 2026 3:41 pm - at 3:41 pm

    Trump answers questions about high gasoline prices. Gets nasty and says they will go down soon. Drink up the Fake News ….

  4. Anonymous   April 30, 2026 3:46 pm - at 3:46 pm

    Did the Border Zar ever give back the fifty thousand in a CAVA bag ? Do you need to pay taxes on dirty money ?

  5. Anonymous   April 30, 2026 3:50 pm - at 3:50 pm

    Did you know people have been asking for A GOLDEN BALLROOM for one hundred years …

  6. Anonymous   April 30, 2026 3:54 pm - at 3:54 pm

    What did you get for paying astronomical gasoline prices. IRAN doesn’t have a nuclear weapon. That they actually didn’t have. MAGA winning is exhausting

  7. Anonymous   April 30, 2026 3:56 pm - at 3:56 pm

    Braking News… Mexico paying for Golden Ballroom. Just like the Wall…

    • Anonymous   May 1, 2026 7:23 am - at 7:23 am

      Oh Realllllllllllly!

  8. Anonymous   May 1, 2026 8:13 am - at 8:13 am

    Trump fired any legitimate analyst that had to do with the economy. Drink in the lies and kool aid morons

    • Anonymous   May 1, 2026 8:16 am - at 8:16 am

      Oh Really!

  9. Anonymous   May 1, 2026 8:19 am - at 8:19 am

    Yes he did Gomer.

  10. Anonymous   May 1, 2026 9:34 am - at 9:34 am

    Dementia don’s Iran Epstein distraction is now at
    – 61% approval.
    The economy -70%

    Taco don – stop the violence, he bombed 5 countries.
    He still wants the Nobel Peace prize.

    A Kim Jung Un style Gold Statue of jealous don at his Doral golf club.

    What a sicko.

  11. Anonymous   May 1, 2026 6:18 pm - at 6:18 pm

    How about that Easter Bunny for President. Much more intelligent than anything in the trump administration

    • Anonymous   May 2, 2026 8:54 am - at 8:54 am

      That’s Joe Biden in the Easter Bunny Suit.

  12. Anonymous   May 2, 2026 4:13 pm - at 4:13 pm

    I believe it was Jeffery Epstein …