US economy grows 4.3% in September quarter, fastest pace in 2 years

The US economy expanded in the third quarter at the fastest pace in two years, bolstered by resilient consumer and business spending and calmer trade policies.

Inflation-adjusted GDP, which measures the value of goods and services produced in the US, increased at a 4.3% annualised pace, a Bureau of Economic Analysis report showed on Tuesday. That was higher than all but one forecast in a Bloomberg survey and followed 3.8% growth in the prior period.

The BEA was originally due to publish an advance estimate of GDP on Oct. 30, but the report was cancelled due to govt shutdown. The S& rose in early trading Tuesday, while Treasuries fell. The delayed report card shows the economy maintained momentum through the middle of the year as consumers powered ahead and the most punitive of Trump's tariffs were rolled back. While the shutdown is expected to weigh on fourth-quarter growth, economists expect a modest rebound in 2026.




Get a chance to win ₹5000 Amazon Voucher by taking part in India's Biggest Habit Index! Take the survey here