Real gross domestic product was essentially unchanged in July, following three consecutive months of expansion.
The goods-producing industries grouping was essentially unchanged in July as increases in construction and utilities were offset by declines in the other sectors comprising the aggregate. The services-producing industries aggregate was essentially flat, as increases across several sectors were offset by declines in retail trade and wholesale trade. Overall, 10 of 20 industrial sectors expanded in July.
The construction sector increased 1.3% in July, rising for a fourth consecutive month. These four consecutive increases offset the declines recorded during the final months of 2025 and the beginning of 2026.