NEW: US GDP grows by 4.3%, beats expectations in Q3

According to a press release from the Bureau of Economic Analysis, "Real gross domestic product (GDP) increased at an annual rate of 4.3 percent in the third quarter of 2025 (July, August, and September)." Economic forecasts for the quarter were sitting at around 3.3 percent.

In the second quarter of 2025, the real GDP growth rate was 3.8 percent. The lion's share of GDP growth in quarter three was attributable to consumer spending. The growth reflected "increases in consumer spending, exports, and government spending that were partly offset by a decrease in investment. Imports, which are a subtraction in the calculation of GDP, decreased," the BEA said.

The growth of 4.3 percent is the best mark for the US economy in 2 years. President Donald Trump said of the GDP growth, "Q3 GDP came in at 4.3%, BLOWING PAST expectations of 3.2%. 60 of 61 Bloomberg Economists got it WRONG, but 'TRUMP,' and some other Geniuses, got it right. The SUCCESS is due to Good Government, and TARIFFS. Consumer spending is STRONG, Net Exports are WAY UP, Imports and Trade Deficits are WAY DOWN, and there is NO INFLATION!"

"Because of my Tax Bill (THE GREAT BIG BEAUTIFUL BILL) and TARIFFS, INVESTMENT IS SETTING RECORDS. The Trump Economic Golden Age is FULL steam ahead — 'You haven’t seen anything yet!' Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!" he added.

The decrease in investment, according to the BEA, "reflected a decrease in private inventory investment" in manufacturing as well as wholesale trade.

This comes after inflation for November just came in at 2.7 percent, lower than expected.