Real Gross Domestic Product (GDP) grew at an annualized rate of 2.2% in the second quarter of 2026, a sharp upward revision from the 1.5% previously estimated. In addition, the 2.2% blew past consensus estimates of 1.5%. The upward revision of 0.7% was driven primarily by stronger-thanexpected business investment and consumer spending. The headline GDP number was even dragged down significantly by imports, which subtracted nearly 1.7 percentage points from growth. In this case, that’s actually a sign of strength (we’re importing because we’re investing and consuming), but it makes the top-line number look more modest than the underlying reality.
AI, And Wealthy Consumers Are Driving The Bus
Dan North | October 2026
To read Dan's full report, click on the link below and download the PDF
Wheel of Risk Podcast
What do you get when you combine invaluable business insights, actionable intelligence, and a pinch of irreverent fun? Season three of America’s premiere podcast about risk and reward, of course!
Wheel of Risk, proudly presented by Allianz Trade, is coming back — featuring a series of thought-provoking and informative conversations about timely, big-picture topics in the world of business.
So go ahead, give the wheel a spin! Season three of Wheel of Risk is now everywhere you listen to podcasts.