US Real GDP Increases at an Annual Rate of 2.1% in Q1, BEA Reports in Its “Third” Estimate
On Thursday, the Bureau of Economic Analysis (BEA) released its “third” estimate for Q1 real gross domestic product (GDP), reporting that GDP increased at an annual rate of 2.1%. In 2025Q4, real GDP increased 0.5%.
The increase in Q1 GDP primarily reflected increases in investment, exports, government spending, and consumer spending. Imports, which are a subtraction in the calculation of GDP, increased.
The latest estimate revised GDP up 0.5 percentage points from the “second” estimate, primarily reflecting a downward revision to imports, which was partly offset by a downward revision to consumer spending.
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