Correction: BEA Shows U.S GDP Rises 2.2%, USD Weakens


   
   Corrects headline 

   HOUSTON, TX (DTN)-- The U.S. economy grew at an annualized rate of 2.2% in 
the second quarter of 2026, according to the Bureau of Economic Analysis' (BEA) 
third and final estimate released on Wednesday (9/30). This was above market 
expectations of 1.5% growth.

   The latest reading was revised up 0.7 percentage point from the second 
estimate of 1.5%, primarily reflecting upward revisions to investment, consumer 
spending, and government spending. The second-quarter expansion followed a 
revised 2.5% increase in the first quarter.

   Consumer spending, investment, and exports contributed to second-quarter 
growth, while imports also increased.

   Inflation remained elevated in the second quarter, although several price 
measures were revised lower. The price index for gross domestic purchases 
increased 5.6%, down from the previous estimate of 5.8%.

   The personal consumption expenditures (PCE) price index increased 5.0%, 
revised down from 5.3%, while the core PCE price index, excluding food and 
energy, rose 3.3%, compared with the previous estimate of 3.6%.

   Following the GDP release, U.S. dollar index weakened against a basket of 
foreign currencies, trading 0.211 points lower at 100.905, while the 
front-month New York Mercantile Exchange West Texas Intermediate futures 
contract rose $1.91 to $91.27 bbl.

    

    




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