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First-quarter GDP gets big boost, but it’s not really great news

First-quarter GDP gets big boost, but it’s not really great news
MarketWatch Thursday 25 June 2026, 15:07 UTC By Jeffry Bartash 1 min read
Key Points

The official scorecard of the U.S. economy was updated to show the economy grew at a 2.1% annual pace in the first three months of the year, faster than the previously reported 1.6%.

The official scorecard of the U.S. economy was updated to show the economy grew at a 2.1% annual pace in the first three months of the year, faster than the previously reported 1.6%. Good news, right? Not really. [Image text:] 727 RETAIL/ RESTAURANT SPACE HOKA
U.S. (LOCATION)
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