GK and monthly revision

Global Market: US revises 2026 first-quarter GDP growth up to 2.1%

The US economy's first-quarter GDP growth for 2026 has been revised upward to 2.1%, indicating stronger economic performance than previously estimated. This revision is attributed to a decrease in imports, which positively influences GDP calculations. Key contributors to this growth include investments, government spending, and a surge in consumer spending, particularly in the Artificial Intelligence sector, highlighting the sector's growing significance in the economy.