[REVISION HISTORY]

UK and US economic growth trends

Updated 11 times since CLSTR started tracking revisions of this situation.

What changed

2026-09-30 20:49 UTC → 2026-09-30 23:16 UTC · added ~~removed~~

Economic indicators in the United Kingdom and the United States show growth driven largely by the technology and services sectors. In the United Kingdom, the economy expanded by ~~0.4%~~ 0.5% in the second quarter of 2026, ~~though recent Office for National Statistics (ONS) data revised this figure~~ following an upward ~~to 0.5%.~~ revision from an initial 0.4% estimate. This growth, supported by the services, manufacturing, and construction sectors, solidified the UK’s position as the fastest-growing G7 economy for the first half of 2026. Additionally, UK business investment was revised upward to an annual rate of 5.2%. In the United States, the Bureau of Economic Analysis revised second-quarter GDP growth upward to an annualized rate of 2.2%, surpassing the previous estimate of 1.5%. This expansion was primarily driven by robust consumer spending, which increased at a 3.8% annual rate, and strong business investment, particularly in artificial intelligence infrastructure, which rose by 9% excluding housing. However, certain factors impacted the U.S. figures; increased imports, rising at a 12.6% annual pace, reduced the overall GDP figure by approximately 1.7 percentage points. Additionally, despite the economic expansion, consumer confidence fell to a near 12.5-year low in September due to persistent inflationary pressures, specifically regarding gasoline prices.

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