According to the second estimate released today by the U.S. Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 1.5 percent in the second quarter of 2026 (April, May, and June). This follows a 2.1 percent increase in the first quarter. The rise was primarily driven by increases in consumer spending, exports, and investment, partially offset by a decrease in government spending. Imports also increased.