US real GDP grows at 3.4% annualised rate in third quarter
US real gross domestic product increased at a seasonally adjusted annual rate of 3.4% in the third quarter of 2026, the Bureau of Economic Analysis reported on 29 October. The advance estimate followed growth of 2.2% in the second quarter. The third-quarter increase was 0.8% at a quarterly rate, so 3.4% is not the unannualised quarter-on-quarter change.
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Investment, consumer spending and government spending increased, partly offset by lower exports. Imports also increased and are subtracted in the GDP calculation. Real final sales to private domestic purchasers, comprising consumer spending and private fixed investment, grew at an annualised rate of 4.9%, compared with 4.6% in the second quarter.
The estimate is preliminary and uses source data and assumptions available for the advance release. BEA scheduled the second estimate for 25 November. Later information can revise the reported growth rate; the release is a historical estimate of economic activity, rather than a forecast of future growth.
Data
Source publication
Publication of the official announcement on 29 October 2026.
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US real GDP grows at 3.4% annualised rate in third quarter
US real gross domestic product increased at a seasonally adjusted annual rate of 3.4% in the third quarter of 2026, the Bureau of Economic Analysis reported on 29 October. The advance estimate followed growth of 2.2% in the second quarter. The third-quarter increase was 0.8% at a quarterly rate, so 3.4% is not the unannualised quarter-on-quarter change.
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The date records publication of the cited primary source. Statistical reference periods and announced future actions are identified in the article.
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- Economic growthSuggested
- Subject suggested from the title or summary: GDP grows, growth of 2.2%www.bea.gov ↗
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- United States · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.bea.gov ↗