US economy grew more than expected in Third quarter
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Corporate profits helped drive growth, skyrocketing by more than $166 billion, up from a $6.8 billion increase during the previous quarter.
Even more surprising than the blockbuster 4.3% economic growth rate recorded in the third quarter of 2025 was the fact that some 90% of the nation’s professional economists got it all wrong. These economic whiz-kids’ faulty forecast comes on the heels of their predictions last week that inflation was going to be above 3%.
Those numbers reflect increasing pessimistic in the American public, after 58 percent said in May that the economy was worsening while 37 percent thought it was improving, according to the pollster. The survey comes as both parties renew their focus on affordability concerns following the 2025 elections and a record-long government shutdown.
The U.S. economy just delivered a blockbuster third quarter, but traders are already betting that the pace will start to cool sharply. SPY ETF is trading near record highs. Check live chart here. Prediction markets reacted quickly after the stronger-than-expected growth data,
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Why a top economist thinks the strong GDP report isn't the win for the economy that it seems
Economist Mark Zandi isn't convinced the big Q3 GDP report means the economy is set to soar from here, and thinks the data could be revised lower.
The American economy grew at a faster pace than analysts had expected in the third quarter of the year, according to new data from the Commerce Department, which the administration has celebrated as validation of President Donald Trump’s economic agenda.
President Trump credited his far-reaching tariffs with driving robust economic growth in the third quarter. "The TARIFFS are responsible for the GREAT USA Economic Numbers JUST ANNOUNCED…AND THEY WILL ONLY GET BETTER!
President Trump claims tariffs are why the third quarter GDP reporter was better than expected, but labor markets remain weak.
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