EconomyUS economy grows faster than expected in report released ahead of elections

US GDP grew at a 3.4% annualized rate in the third quarter, above economists’ 3.2% forecast, as consumer spending and AI-related business investment offset higher oil prices linked to the Middle East conflict. Inflation accelerated in September, while consumer sentiment weakened sharply.

US economyGDPinflationconsumer sentiment

TThe Guardian★★★☆☆2026-10-29 13:09Original