5 Questions About the Latest Economic Growth Report

5 questions about the latest economic growth report

The U.S. economy grew at a 4.3% annual rate in the third quarter (July through September), according to the Bureau of Economic Analysis.

Economy saw 4.3% jump in late summer spending surge

Economy saw 4.3% jump in late summer spending surge

Consumer spending enables strong US economic growth

The third quarter saw faster-than-expected economic growth driven by robust U.S. consumer spending, resulting in the strongest expansion in two years. The Commerce Department reported on Tuesday that from July to September, the gross domestic product—the total value of goods and services produced throughout the economy—grew at a seasonally and inflation-adjusted annual rate of 4.3%. The report, which depicts the state of the economy prior to the…

U.S. Economy Surges to 4.3% Growth, Fueled by AI and Consumer Spending

The U.S. economy has defied expectations, posting its strongest growth in two years despite ongoing trade uncertainties. The GDP report released Tuesday showed an annual growth rate of 4.3% in the third quarter, a surprising figure given the economic headwinds. Economists had anticipated a slowdown due to the Trump administration’s trade policies, but the economy has shown resilience… Source