BREAKING NEWS: GDP

Tuesday, Dec 23, 2025 8:45 am ET1min read
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- U.S. real GDP grew 4.3% in Q3 2025, up from 3.8% in Q2, per BEA.

- Growth driven by consumer spending, exports, and government outlays, partially offset by lower investment.

- Declining imports, subtracted in GDP calculations, also contributed to the expansion.

Real gross domestic product (GDP) increased at an annual rate of 4.3 percent in the third quarter of 2025 (July, August, and September), according to the initial estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.8 percent. The increase in real GDP in the third quarter 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.

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