A report released by the Commerce Department on Thursday showed U.S. economic growth reaccelerated in the first quarter of 2026 but came in slightly below economist estimates
The Commerce Department said gross domestic product shot up by 2.0 percent in the first quarter after climbing by 0.5 percent in the fourth quarter of 2025. Economists had expected GDP to jump by 2.1 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.