UST IN: U.S. ECONOMY SURGES PAST EXPECTATIONS
š GDP (Q3 ā Initial Estimate): 4.3%
Forecast: 3.3% | Prior: 3.8%
ā”ļø Growth blew past forecasts ā the economy is accelerating, not slowing.
š° PCE Inflation (Q3): 2.9%
ā”ļø Right on target, showing inflation remains under control.
š Consumer Spending (PCE): 3.5%
Forecast: 2.7% | Prior: 2.1%
ā”ļø Americans are spending more ā confidence is rising.
š£ļø Trump reacts: Says tariffs are fueling the economic momentum.
Strong growth. Strong spending. Big debate ahead.