Bureau of Economic Analysis confirms Q2 GDP growth at 1.5%, matching initial estimates, while corporate profits surge 8.2%.
The US economy grew at an annualized rate of 1.5% in Q2, unchanged from the initial estimate, the Bureau of Economic Analysis reported. The reading aligns with expectations but marks a slowdown from the 2.1% growth in the prior quarter.
Personal consumption expenditures rose 3.4%, slightly above the initial 3.2% estimate and significantly higher than the 0.5% increase in Q1. Corporate profits jumped 8.2% in Q2, a sharp rebound from the 0.5% growth in Q1 2026.
Markets are monitoring the data for signs of economic resilience amid shifting monetary policy expectations.