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December 26, 2025

Resilient consumers drive strongest economic expansion in 2 years

By MATT OTT
AP Business Writer

WASHINGTON — The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, driven by consumers who continue to spend in the face of ongoing inflation.

U.S. gross domestic product from July through September — the economy's total output of goods and services — rose from its 3.8% growth rate in the April-June quarter, the Commerce Department said Tuesday in a report delayed by the government shutdown. Economists surveyed by the data firm FactSet forecast growth of just 3% in the period.


 
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