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) - San Antonio News
· 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 Alamo Heights News
For Alamo Heights residents, the upgraded estimate of the US economy's growth rate may have a direct impact on local business investment, particularly in the technology sector. The surge in business investment, likely driven by the artificial intelligence boom, could lead to increased economic activity in the San Antonio area, where many tech companies have a presence. However, the decline in consumer spending, which accounts for a significant portion of the US economy, may be felt in local retail and service industries. As the US and Iran continue talks towards a resolution, Alamo Heights residents may see relief from higher gasoline prices, which could boost consumer spending and benefit local businesses. The growth in federal government spending and investment could also have a positive effect on the local economy, given the presence of federal agencies and contractors in the San Antonio area.
About this story
Original reporting by KSAT 12 (ABC) - San Antonio News . Alamo Heights News 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) - San Antonio News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 25, 2026 ·
Source: KSAT 12 (ABC) - San Antonio News ·
Reading time: 3 min
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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) - San Antonio News and curated for Alamo Heights News readers.
Who reported this story? This story was reported by Paul Wiseman, Associated Press at KSAT 12 (ABC) - San Antonio News. To learn more about how Alamo Heights News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Alamo Heights News, or browse our daily briefing and topic hubs .
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