U.S. First-Quarter GDP Revised to 1.6 Percent

U.S. 6 percent. The new figure is below the initial reading released last month. It marks the slowest pace since the fourth quarter of 2023.

1 percent. Business investment also came in softer than first reported. Government data showed exports grew more slowly while imports rose faster than previously calculated. Inventory accumulation subtracted from growth rather than adding to it.

The revision aligns with other recent indicators that showed cooling demand in early 2026. Retail sales figures for March came in below forecasts last week. Economists surveyed by MarketWatch had expected a modest downward adjustment but not to this degree. U.S. economy wasn’t all that great in the first three months of the year. But it wasn’t terrible, either.