U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows
CNBC·2025-12-23 13:43
A shopper carries a Hollister bag at a shopping mall in Dayton, Ohio, US, on Tuesday, Oct. 21, 2025.The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed. U.S. GDP 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 risi ...