Real gross domestic product (GDP) increased at an annual rate of 4.3 percent in the third quarter of 2025 (July, August, and September), according to the initial estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.8 percent. Due to the recent government shutdown, this initial report for the third quarter of 2025 replaces the release of the advance estimate originally scheduled for October 30 and the second estimate originally scheduled for November 26. The increase in real GDP in the third quarter reflected increases in consumer spending, exports, and government ... (full story)

The US economy grew strongly over the summer, the commerce department announced on Tuesday in one of the final snapshots of the nation’s finances to be released in 2025. Gross domestic product (GDP) – a broad measure of the value of goods and services – rose at an annualized rate of 4.3% over the third quarter, far higher than expected. Economists had been expecting the growth rate to slow to 3.2% from an annualized rate of 3.8% in the second quarter. The GDP figures will further complicate the decision-making of the Federal Reserve. The Fed announced its third interest rate cut of the year earlier this month amid ... (full story)