The American economy grew at its fastest pace in two years during the third quarter, with inflation-adjusted gross domestic product rising at a much-better-than-expected 4.3% annualized rate, according to a Bureau of Economic Analysis report released Tuesday.

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	Forwarded this email? Subscribe here for more American economy grows at fastest pace in years with much-better-than-expected 4.3% GDP gain MacDailyNews Dec 23   READ IN APP   The American economy grew at its fastest pace in two years during the third quarter, with inflation-adjusted gross domestic product rising at a much-better-than-expected 4.3% annualized rate, according to a Bureau of Economic Analysis report released Tuesday. Jeff Cox and Fred Imbert for CNBC: ‎ U.S. gross domestic product, a sum of all goods and services produced in the sprawling U.S. economy, expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of third-quarter growth. Economists polled by Dow Jones expect a gain of 3.2%. Consumer spending expanded by 3.5% in the third quarter after rising 2.5% in the second quarter… A measure of growth called real final sales to private domestic purchasers rose 3% in the quarter, up 0.1 percentage point from the prior period. Federal Reserve policymakers watch the data point closely for signs of consumer demand… Elsewhere in the report, corporate profits soared by $166.1 billion, or 4.2%, compared with a gain of $6.8 billion in the second quarter. ‎ MacDailyNews Take: Clearly, strong U.S. consumer spending is a boon for Apple. ‎ Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post American economy grows at fastest pace in years with much-better-than-expected 4.3% GDP gain appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2025 MacDailyNews 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe