Key Q3 2025 GDP Highlights.
Annualized Growth Rate: 4.3% (Initial Estimate), exceeding economist forecasts of 3.3%.
Current-Dollar GDP: The nominal GDP reached $31.10 trillion, an increase of $166 billion in total corporate profits from the previous quarter.
Main Growth Drivers:
* Consumer Spending: Increased by 3.5%, driven by health care and international travel.
* Exports: Rebounded sharply by 8.8%.Government.
* Outlays: Supported by increased military and national defense spending.
Economic Drags: Residential investment continued to decline (-5.1%), and business investment slowed as the build-out of AI systems cooled compared to previous quarters.
Economic Outlook and Impact
Delayed Reporting: The release was originally scheduled for October 30 but was postponed due to a record-long government shutdown.
Q4 2025 Forecast: Early Atlanta Fed GDPNow estimates for the fourth quarter predict a slower growth rate of 3.0%, as the impacts of the government shutdown and potential tariffs begin to affect data.
Inflation Indicator: The Personal Consumption Expenditures (PCE) price index increased by 2.8% for the quarter, signaling persistent price pressures.
Next Release Dates
Updated Q3 Estimate: January 22, 2026.
Next GDPNow Update: January 5, 2026.