economy, third quarter
Digest more
The U.S. economy grew at an annual rate of 4.3% in the third quarter, according to preliminary data from the U.S. Department of Commerce.
Household spending is increasingly divided between wealthy consumers who are helping to keep the economy humming, and everyone else.
The data, which was delayed from October by the government shutdown, comes as the economy takes center stage for voters and the Trump administration.
The kitchen sink was thrown at the economy in 2025 — punishing tariffs, higher inflation, rising unemployment — but the U.S. might still be growing at an above-average speed in a sign of surprising pluck.
Goldman Sachs expects U.S. gross domestic product (GDP) to grow by 2.6% in 2026 and “substantially outperform” the consensus estimate of 2.0%,
The jobs report on Tuesday "paints a sobering picture of a job market that may officially be turning frigid after a prolonged cooling period," Laura Ullrich, director of economic research in North America at the Indeed Hiring Lab, told ABC News in a statement.
Market Realist on MSN
Wall Street veteran defies concerns about AI bubble and has good news about US economy in 2026
Despite widespread concern over stagflation, rising prices, and a looming AI market bubble, Navellier remains almost unfazed, betting on growth associated with AI, investment, falling crude oil prices, and a rebound in GDP.
The greenback is down a little over 9% since January. With some uncertainty in the U.S. economy headed into the new year, the dollar may continue to weaken.