The U.S. economy grew at a 3.4 percent annual rate in the third quarter, up from 2.2 percent in the second, the BEA’s advance estimate shows. Investment and government spending drove the acceleration, while exports fell. Private domestic final sales rose 4.9 percent, pointing to stronger underlying demand. Quarterly PCE inflation slowed to 2.1 percent at an annual rate. These are preliminary estimates; the next GDP release is due November 25.
Related currencies / asset groups: USD
The BEA’s advance estimate shows real GDP growing at a 3.4 percent annual rate in the third quarter of 2026, versus 2.2 percent in the second quarter.
Bureau of Economic AnalysisReal final sales to private domestic purchasers increased 4.9 percent in the third quarter, compared with 4.6 percent in the second quarter.
Bureau of Economic AnalysisThe quarterly PCE price index increased at a 2.1 percent annual rate, compared with 5.0 percent in the second quarter.
Bureau of Economic AnalysisLimitation: These are advance estimates; the second estimate is scheduled for November 25, 2026.
Bureau of Economic AnalysisNo ideas are linked to this story yet.