1Q2026 real GDP in the third estimate today came in at an annualized rate of 2.1%.
The first estimate was 2.0%. The second was 1.6%.
The revision back up again and a little higher was "primarily reflecting a downward revision to imports", which are a subtraction from GDP.
Expect higher GDP in 2Q on the strength of oil exports.
The post-war economic growth rate to Reagan was 3.64% compound annual vs. 2.1% now.
The compound annual rate 2017-2025 was 2.48%.
Trump is even underperforming himself by 15%.
