US Economy Q2 Growth

US Economy Q2 Growth The United States economy experienced a 1.5% growth rate in the second quarter of 2026, a slight deceleration from the 2.1% seen in the first quarter. This growth was primarily fueled by robust consumer spending and significant business investment, particularly in the artificial intelligence sector. - Consumer spending, accounting for 70% of U.S. GDP, surged at a 3.2% rate in Q2 2026. - Business investment increased at a 15.2% pace, largely driven by the boom in artificial intelligence. - The federal government's spending contracted at a 0.8% annual rate during the second quarter. - Inflation remains stubbornly high, exceeding the Federal Open Market Committee's 2% target for over five years, with the PCE index rising 3.7% in the 12 months through June. - Despite the slower headline growth, core demand by the private sector, reflecting consumer and business confidence, signals a solid base for future expansion. Why this poll exists: Users are being asked to vote on their outlook for the U.S. economy in the coming months, considering the recent GDP report, inflation trends, and investment patterns. Source: Reuters, National Roofing Contractors Association, Federal Reserve Board, U.S. Department of the Treasury