US GDP Grows 2% as Investment Offsets Cooler Consumer Spending
U.S. gross domestic product increased at a 2.0% annualized rate in the first quarter, below the 2.3% forecast, as strong business investment helped offset softer consumer demand. Nonresidential business investment rose 10.4% in the quarter, while consumer spending increased 1.6%, the slowest pace in a year.
March inflation data showed the personal consumption expenditures price index rose 0.7% from a month earlier and 3.5% from a year earlier, while core PCE increased 0.3% on the month and 3.2% on the year, matching estimates. Personal income climbed 0.6% in March, above the 0.3% forecast, and personal spending rose 0.9%, in line with expectations.
From the sources (25 posts)
@reutersUS growth likely picked up in first quarter, but consumer spending probably cooled
@zerohedgePersonal Spending 0.9%, Exp. 0.9% Personal Income 0.6%, Exp. 0.3%
@deitaone*US 1Q EMPLOYMENT COST INDEX RISES 0.9% Q/Q; EST. +0.8%
@financialjuice⚠️BREAKING: US PCE Price Index YoY Actual 3.5% (Forecast 3.5%, Previous 2.8%) US Core PCE Price Index YoY Actual 3.202759% (Forecast 3.2%, Previous 3.0%) US PCE Price Index MoM Actual 0.7% (Forecast 0.7%, Previous 0.4%) US Core PCE Price
@firstsquawkU.S GDP (QOQ) (Q1) ACTUAL: 2.0% VS 0.5% PREVIOUS; EST 2.3%
@firstsquawkU.S CORE PCE PRICE INDEX (MOM) (MAR) ACTUAL: 0.3% VS 0.4% PREVIOUS; EST 0.3%
@firstsquawkU.S CORE PCE PRICE INDEX (YOY) (MAR) ACTUAL: 3.2% VS 3.0% PREVIOUS; EST 3.2%
@stockmktnewzUS 🇺🇸 GDP for Q1 just came in at +2% below expectations of +2.2% (First GDP reading out of 3)
@zerohedgePCE 0.7% MoM, Exp. 0.7% PCE Core 0.3% MoM, Exp. 0.3% PCE 3.5% YoY, Exp. 3.5% PCE Core 3.2% YoY, Exp. 3.2%
@deitaone*US 1Q GDP RISES ANNUALIZED 2.0% Q/Q; EST. +2.3%
@financialjuiceUS GDP Price Index Actual 3.6% (Forecast 3.9%, Previous 3.7%) US Core PCE Prices Advance Actual 4.3% (Forecast 4.1%, Previous 2.7%) US PCE Prices Advance Actual 4.5% (Forecast -, Previous 2.9%) US Real Personal Consumption MoM Actual 0.2
@deitaone*US MARCH PCE PRICE INDEX RISES 0.7% M/M; EST. +0.7% *US MARCH PCE PRICE INDEX RISES 3.5% Y/Y; EST. +3.5% *US MARCH CORE PCE PRICE INDEX RISES 0.3% M/M; EST. +0.3% *US MARCH CORE PCE PRICE INDEX RISES 3.2% Y/Y; EST. +3.2%
@theinsiderpaperBREAKING - US economic growth rebounds to 2.0% in first quarter: govt
@maxcrypto🚨 BREAKING 🚨 🇺🇸 US Q1 GDP data came in at 2% Expectations: 2.2%
@bulltheoryioBREAKING: PCE Price Index came in at 3.5% Expectations: 3.5%
@cryptorover🚨 BREAKING: 🇺🇸 US PCE DATA PCE (YoY): ACTUAL: 3.5% vs EXPECTED: 3.5% CORE PCE (YoY): ACTUAL: 3.2% vs EXPECTED: 3.2%
@bulltheoryioBREAKING: US Q1 GDP data came in at 2% Expectations: 2.2% The US economy's growth is slowing down.
@businessUS economic growth accelerated at the start of the year, fueled by solid business and consumer demand
@cointelegraph🇺🇸 JUST IN: US economic growth hits 2.0% in Q1, coming in below expectations of 2.2%.
@byheatherlongJUST IN: The US economy grew at a 2% pace in Q1, driven by a massive surge in business investment. Nonresidential business jumped +10.4% in Q1 due to a boom in AI spending and equipment investment. Consumption grew a tepid +1.6% (it's the
@ftBreaking news: The US economy grew at an annualised rate of 2% in the first quarter, falling short of Wall Street expectations
@cryptoroverBREAKING: 🇺🇸 US GDP DATA GDP: ACTUAL: 2.0% vs EXPECTED: 2.2%
@faytuksnetworkUnited States inflation-adjusted GDP grew by 2.0% in the first quarter of 2026, less than the expected 2.3%, but an indication of the economy's resilience - Bloomberg
@brewmarketsJust In: The U.S. economy grew at a 2% rate in the first quarter of 2026.
@axiosJUST IN: U.S. economy grew 2% in the first quarter