U.S. Economy Surges 4.3% in Q3, Driven by Tariffs and Strong Sectors

1 min read
Source: CNBC
U.S. Economy Surges 4.3% in Q3, Driven by Tariffs and Strong Sectors
Photo: CNBC
TL;DR Summary

The U.S. economy grew by 4.3% in the third quarter, surpassing expectations, driven by strong consumer spending, exports, and government spending, despite ongoing inflation pressures. Corporate profits also increased significantly, indicating robust economic activity. The report was delayed due to the government shutdown and will be followed by a final estimate later.

Share this article

Reading Insights

Total Reads

0

Unique Readers

2

Time Saved

1 min

vs 2 min read

Condensed

84%

32252 words

Want the full story? Read the original article

Read on CNBC