US GDP grows 2% in Q1 2026, driven by investment & exports

US GDP grew 2 per cent in Q1 2026, accelerating from 0.5 per cent in Q4 2025, driven by investment, exports and government spending.
Consumer spending slowed, while imports rose.
Inflation pressures increased, with personal consumption expenditures (PCE) inflation at 4.5 per cent.
Goods exports were boosted by higher shipments of industrial supplies and materials.