The US economy grew at a much faster pace than expected in the third quarter, driven largely by strong consumer spending, according to a delayed report from the US Commerce Department.
Gross domestic product expanded at a 4.3 percent annual rate from July through September. That exceeded the 3.2 percent forecast from economists surveyed by Dow Jones.
Breaking: U.S. economic growth accelerated to a 4.3% annual rate last quarter, blowing past expectations https://t.co/5GmgF6xrRS
— The Wall Street Journal (@WSJ) December 23, 2025
Consumer spending rose 3.5 percent, up from 2.5 percent in the prior quarter. Higher exports and increased government spending also supported growth, while the decline in private investment narrowed.
Trust in President Trump! pic.twitter.com/L5ZBjxuiXU
— Karoline Leavitt (@PressSec) December 23, 2025
Inflation pressures remained elevated. The personal consumption expenditures price index, the Federal Reserve’s preferred gauge, rose 2.8 percent, with core inflation at 2.9 percent. Both remained above the Fed’s 2 percent target.
🚨 BREAKING: US GDP just DESTROYED expectations, surging +4.3% in Q3
— Eric Daugherty (@EricLDaugh) December 23, 2025
"That is a NICE jump! This would be the strongest going back to Q3 2023. THIS IS STRONG!" 🔥🔥
The Experts LOST.
Trump and Scott Bessent were right, again. 🇺🇸 pic.twitter.com/JrHRd1agEa
Corporate profits jumped sharply, rising more than $166 billion in the quarter. Markets showed little reaction, as the data reflects past activity.
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TIPP Staff
