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CITY COUNCIL SPECIAL MEETING AGENDA PACKET 8-11-26
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CITY COUNCIL SPECIAL MEETING AGENDA PACKET 8-11-26
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8/7/2026 9:09:20 AM
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8/7/2026 8:56:02 AM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
8/11/2026
DESTRUCT DATE
15Y
DOCUMENT NAME
SPECIAL MEETING AGENDA PACKET
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Components of GDP 6/25 9/25 12/25 3/26 <br />1.7% 2.3% 1.3% 0.4% <br />-2.7% 0.0% 0.4% 1.4% <br />4.8% 1.6% -0.2% -0.4% <br />-0.4% 0.2% -1.2% 0.6% <br />0.3% 0.2% 0.2% 0.2% <br />3.8% 4.4% 0.5% 2.1% <br />State and Local (Consumption and Gross <br />Investment) <br />Personal Consumption Expenditures <br />Gross Private Domestic Investment <br />Net Exports and Imports <br />Federal Government Expenditures <br />Total <br />-2.0% <br />0.0% <br />2.0% <br />4.0% <br />6.0% <br />8.0% <br />10.0% <br />12.0% <br />14.0% <br />Gross Domestic Product (GDP) <br />GDP QOQ % Change <br />GDP YOY % Change <br />Source: US Department of Commerce Source: US Department of Commerce <br />Real gross domestic product increased at an annualized rate of 2.1%in the first quarter of 2026,according to the Bureau of Economic <br />Analysis’third estimate,up from 1.6%in the prior estimate and an acceleration from0.5%in the fourth quarter of 2025.The 0.5 percentage <br />point upward revision was driven primarily by a downward revision to imports—which subtract from GDP—partly offset by a downward <br />revision to consumer spending. <br />GROSS DOMESTIC PRODUCT (GDP) <br />12 <br />Page 182 of 373
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