The U.S. Department of the Treasury released a statement on May 4, 2026, reporting that the economy grew at an annual rate of 2.0 percent in the first quarter, up from 0.5 percent at the end of 2025. Business fixed investment rose more than 10 percent, led by a 17.2 percent increase in equipment investment and a 13.0 percent rise in intellectual‑property products. Personal consumption expenditures added 1.1 percentage points, while private domestic final purchases grew 2.2 points. Employment expanded sharply, with private‑sector hiring averaging 79,000 jobs per month and the unemployment rate falling to 4.3 percent. Core inflation remained at 2.6 percent, and headline CPI rose to 3.3 percent.
Made by AI. If you spot anything of concern write us at contact@cybach.com. We’ll promptly correct irregularities.