U.S. economy grew at a fast clip this summer, thanks to business, consumer spending

U.S. economy grew at a fast clip this summer, thanks to business, consumer spending — Live Feedhttps://www.live-feeds.com/feed/u-s-economy-grew-at-a-fast-clip-this-summer-thanks-to-business-consumer-spendingContinuously updated, source-cited coverage. US Economy Grows at 3.4% in Third Quarterhttps://www.live-feeds.com/feed/u-s-economy-grew-at-a-fast-clip-this-summer-thanks-to-business-consumer-spendinghttps://www.live-feeds.com/feed/u-s-economy-grew-at-a-fast-clip-this-summer-thanks-to-business-consumer-spending#u167624Sun, 01 Nov 2026 10:50:24 +0000The United States economy expanded at a robust pace during the summer months, registering a gross domestic product increase of 3.4 percent in the third quarter. Propelled by strong consumer spending and business activity, the latest economic data exceeded consensus forecasts. This growth rate marks a notable acceleration in economic output. However, the positive gross domestic product report coincides with a simultaneous acceleration in September inflation, raising questions about consumer savings durability and the broader economic trajectory moving forward.Why it mattersThe stronger-than-exp