Home Business NewsUS economic growth picks up in Q1

US economic growth picks up in Q1

1st May 26 7:19 am

The US economy grew at an annualised rate of 2.0% in Q1 2026, slightly below industry expectations.

The economy was buoyed by investment growth, which has picked up compared to Q4, even in the face of headwinds from the war in Iran.

Personal consumption expenditure growth slowed slightly, while accelerating import expenditure caused the trade deficit to grow.

Looking ahead, Cebr expects growth to stand at 2.1% in 2026, a reflection both of the US economy’s resilience and its lower exposure to ongoing conflict headwinds compared to other major economies.

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