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BEA's third estimate lifts U.S. Q2 GDP to a 2.2% annualized rate; PCE inflation rose 5%. State growth ranged from 4% in New York to −2.3% in West Virginia.
#economy, #gdp, #inflation, #bea
BEA's advance estimate shows U.S. GDP rose 1.5% annualized in Q2 as inflation stayed high and private demand strengthened.
#economy, #gdp, #inflation, #bea, #us
Second BEA estimate: U.S. GDP grew 1.6% annualized in Q1 2026, down from 2.0%, as weaker inventories and softer services spending trimmed growth.