The US economy grew 4.4% in Q3 2025, slightly faster than the initial 4.3% estimate, according to revised data from the Bureau of Economic Analysis. It marks the strongest quarterly growth in two years, boosted by higher exports and stronger business investment.
Consumer spending, government outlays, and a drop in imports also contributed, though household consumption was revised slightly lower.
The Fed’s preferred inflation gauge, the core PCE index excluding food and energy, held at 2.9% for the quarter. Headline PCE rose 2.8%, and the gross domestic purchases price index remained at 3.4%.
Profits from current production rose by $175.6 billion in Q3, up $9.5 billion from prior estimates.
By industry, services expanded 5.3%, goods-producing sectors rose 3.6%, and government output dipped 0.3%.
Markets reacted positively to the stronger GDP print and steady inflation data. The Nasdaq jumped over 1% on the open, the S&P 500 gained 0.5%, and metals rallied. Gold traded near $4,850 and silver hovered around $94 at press time.