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MarketWatch

U.S. economy grows at fastest pace in almost three years, third-quarter GDP shows

Thursday, October 29, 2026


The U.S. economy expanded at an annual rate of 2.8 percent in the third quarter of 2026, the fastest pace since the fourth quarter of 2023, according to data released by the Bureau of Economic Analysis. Consumer spending and business investment drove the growth, with personal consumption expenditures rising 2.5 percent and private fixed investment increasing 3.1 percent. The unemployment rate stood at 4.1 percent as of the latest Labor Department report.

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