US GDP Rebounds 2% in Q1 2026
The U.S. economy saw a 2% rebound in its first-quarter GDP growth for 2026, driven by strong business investment despite a slowdown in consumer spending.
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US economic growth rebounds 2% as consumer spending slows amid Iran war
First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears US gross domestic product (GDP) accelerated 2% in the first three months of 2026, though consumer spending is slowing as the war with Iran continues to impact energy prices. The last GDP reading for the fourth quarter of 2025 showed that US economic growth slowed to a 0.5% pace, largely due to a contraction in government spending after massive layoffs of federal workers last year. Th...
By Lauren Aratani
Read full article →U.S. economy rebounded in first quarter, driven by sizzling-hot business investment
Consumer spending cooled slightly in the first three months of the year.
By Greg Robb
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