Q2 GDP Holds at 1.5% as Price Gauge Revises Up to 6.4%
The second estimate of Q2 2026 GDP confirms what the advance print showed on growth: real GDP expanded at a 1.5% annual rate in the second quarter, unchanged from the initial reading and down from 2.1% in the first quarter. The number that moved is inflation. The GDP price index, the broadest gauge of price pressure in the report, was revised up to 6.4% from the 6.2% pace recorded in the advance estimate and priced into consensus, the hottest reading since the second quarter of 2022.
Key Takeaways Real GDP grew at a 1.5% annual rate in Q2 2026, unrevised from the advance estimate and down from 2.1% in Q1, per the Bureau of Economic Analysis second estimate released August 26. The GDP price in…
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