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U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows

A shopper carries a Hollister bag at a shopping mall on Tuesday, October 21, 2025 in Dayton, Ohio, United States.

Kyle Grillot | Bloomberg | Getty Images

A delayed report released Tuesday showed that the U.S. economy grew much faster than expected in the third quarter, fueled by strong consumer spending.

The Commerce Department’s first reading of third-quarter growth said U.S. GDP increased by 4.3% in the July-September period. Economists polled by Dow Jones expect a 3.2% gain.

Consumer spending increased 3.5 percent in the third quarter after increasing 2.5 percent in the second quarter.

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