U.S. Economy Continues Moderate Growth Amid Elevated Rates
The U.S. economy continues to expand at a moderate pace, with real gross domestic product expanding in early 2026, according to the Bureau of Economic Analysis. The latest data shows real GDP grew at an annual rate of 1.6% in the first quarter of 2026, driven by consumer spending, investment, and government activity, even as inflation and interest rates remain elevated. (Source: Bureau of Economic Analysis)
At the same time, U.S. employers added 172,000 jobs in May, more than double expectations, while the unemployment rate was unchanged at 4.3%. Wage growth also remained stable, rising 0.3% month over month and 3.4% year over year. Job gains were led by leisure and hospitality, local government, and health care, while employment declined in financial activities.
(Source: Bureau of labor Statistics)