The facts

  1. The inflation-adjusted increase from the preceding quarter was 0.8%. The 3.4% annualized figure expresses the pace as if it continued for a full year. [1]

  2. Investment, consumer spending and government spending increased. Exports decreased, while higher imports subtracted from the GDP calculation. [1]

  3. Real final sales to private domestic purchasers rose at a 4.9% annualized rate, compared with 4.6% in the second quarter. [1]

  4. Reuters reported consumer-spending growth of 3.8% annualized. BEA plans its second estimate for 25 November, when additional information may change the figures. [1][2]

Sources

References support the numbered facts above. Source checks: 29 Oct 2026, 13:55 UTC.

  1. GDP: advance estimate, third quarter 2026

    US Bureau of Economic Analysis · Primary source · 29 Oct 2026

    Official release read; annualized, actual-quarter and price measures are distinguished.

  2. US economic growth accelerates in third quarter

    Reuters · Reporting · 29 Oct 2026

    Lucia Mutikani’s independently owned reporting, accessed through licensed syndication.

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