US economic growth accelerates in Q3 on consumer spending, AI:
WASHINGTON (Reuters) -- The U.S. economy grew faster than expected in the third quarter as ...
asia.nikkei.com/economy/us-economic-growth-accelerates-in-q3-on-consumer-spending-ai
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Key FactsU.S. Economy Grows 3.4% in Third Quarter
Oct 29, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: pbs.org
Summary created with AI assistance · Source: pbs.org
- GDP grew at a 3.4% annual rate from July through September, following 2.2% growth in the previous quarter.
- Consumer spending rose 3.8%; business investment excluding housing increased 12.7%.
- Investment in information processing equipment rose 37.4%, software 9.6%, and research and development 7.5%.
- Housing investment fell 3.3% and has declined in six of the past seven quarters.
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