US economy grew at a 3.4% annual rate in the third quarter

The Bureau of Economic Analysis said "Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the third quarter of 2026". Growth was 2.2% in the second quarter. At annual rates, the PCE price index rose 2.1% and the core index 2.5%, and real final sales to private domestic purchasers rose 4.9%. The next estimate is due 25 November.