Economy Expands by 7.7 Percent in the First Quarter of 2026
Gross Domestic Product (GDP) estimates for the first quarter of 2026 indicate that the economy grew by 7.7 percent, compared to 4.5 percent recorded in the first quarter of 2025. This represents an acceleration of 3.2 percentage points in economic growth relative to the corresponding quarter of 2025.
The economic performance was primarily driven by growth in Agriculture, forestry and fishing (21.4 percent), Arts, entertainment and recreation (21.7 percent), Information and communication (11.0 percent), Transportation and storage (9.5 percent), and Accommodation and food service activities (9.1 percent). Positive growth was also recorded in Wholesale and retail trade (6.7 percent), Financial and insurance activities (5.8 percent), Manufacturing (5.4 percent), Construction (4.8 percent), Education (3.7 percent), Real estate activities (3.7 percent), Human health and social work activities (3.3 percent), and Other service activities (2.0 percent).
Economic growth was moderated by contractions in Water supply (-5.0 percent), Administrative and support service activities (-8.9 percent), and Professional, scientific and technical activities (-0.2 percent) (see Figure 1).
These estimates are based on a year-on-year comparison of GDP at constant prices, which measures changes in the volume of economic activity after removing the effects of price changes.
Industry Contributions to the 7.7 Percent GDP Growth in the First Quarter of 2026
The 7.7 percent growth recorded in Gross Domestic Product (GDP) during the first quarter of 2026 was primarily driven by Agriculture, forestry and fishing, which contributed 1.9 percentage points to overall GDP growth. Wholesale and retail trade and Information and communication made significant contributions of 0.9 and 0.8 percentage points, respectively.
I’m amazed, I must say. Seldom do I come across a blog that’s both equally educative and interesting, and without a doubt, you have hit the nail on the
head. The problem is an issue that too few folks are speaking intelligently about.
I’m very happy that I came across this during my search
for something regarding this.
It’s very straightforward to find out any topic on web as compared to textbooks, as I
found this article at this website.
1
1
Hey! This is kind of off topic but I need some guidance from an established blog.
Is it very hard to set up your own blog? I’m not very techincal but I
can figure things out pretty quick. I’m thinking about setting up my own but
I’m not sure where to start. Do you have any points
or suggestions? With thanks
For latest information you have to pay a visit the web and on world-wide-web I
found this web page as a best web page for most up-to-date updates.
Howdy would you mind sharing which blog platform you’re using? I’m planning to start my own blog in the near future but I’m having a hard time selecting between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your layout seems different then most blogs and I’m looking for something unique. P.S My apologies for getting off-topic but I had to ask!
Excellent post! We will be linking to this particularly great content on our site.
Keep up the great writing.
https://groups.google.com/g/talkingtom/c/5HzF13tkL9c
Great delivery. Great arguments. Keep up the great work.
Wow, wonderful blog layout! How long have you been blogging
for? you made blogging look easy. The overall look of your site is fantastic, let alone the content!
Hey there! This post could not be written any better! Reading through
this post reminds me of my previous room mate!
He always kept chatting about this. I will forward this post to him.
Pretty sure he will have a good read. Thank you for sharing!