GDP Growth Highlights US GDP expanded at a 4.3% annualised pace in Q3, up from 3.8% in Q2, driven by strong consumer and business spending
Consumer Spending Drives Growth
Consumer expenditure, the main growth engine, rose 3.5% annualized, showing resilient domestic demand despite global uncertainties
Gross Domestic Income Update Another key measure, gross domestic income, increased 2.4% after a revised 2.6% growth in Q2, reflecting steady economic activity
Market Reaction & Outlook Treasuries fell, equity futures declined, while economists predict modest 2026 growth supported by tax refunds and easing tariffs