local
US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimate
By Paul Wiseman, Associated Press at KSAT 12 (ABC affiliate)
· June 25, 2026
· 3 min read
The U.S. economy expanded at a solid and unexpected 2.1% annual pace from January through March, the Commerce Department reported Thursday in its final estimate of first-quarter growth.The growth in gross domestic product — the nation’s output of goods and services — marked a rebound from a slugg...
Key takeaway 1% annual pace from January through March, the Commerce Department reported Thursday in its final estimate of first-quarter growth.
Why this matters in The San Antonio
For San Antonio , the upgraded estimate of 2.1% growth in the US economy may bring some relief, but the decline in consumer spending is a concern. With a significant portion of the local economy driven by consumer activity, a slowdown in spending could impact businesses and jobs in the area. The surge in business investment, particularly in artificial intelligence, may benefit local companies involved in this sector, but it remains to be seen how sustainable this growth will be. The federal government's increased spending and investment may also have a positive effect on San Antonio, given the city's significant military presence and government contractors. However, the decline in residential investment due to high interest rates may affect the local housing market, which has been a key driver of economic growth in recent years. As the US and Iran continue talks, San Antonio residents will be watching closely to see how the conflict affects gasoline prices and consumer spending.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 25, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 3 min
Get more The San Antonio stories like this
Free weekly briefing covering local and other local news. Curated by our editorial team. No spam.
By subscribing you agree to our privacy policy . Unsubscribe anytime.
Frequently asked about this story
What is this story about? The U.S. economy expanded at a solid and unexpected 2.1% annual pace from January through March, the Commerce Department reported Thursday in its final estimate of first-quarter growth.The growth in gross domestic product — the nation’s output of goods and services — marked a rebound from a slugg...
When was this published? This article was first published on June 25, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Paul Wiseman, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter