Is The Economy Actually Getting Better? | The GDP Number Explained
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Is The Economy Actually Getting Better? | The GDP Number Explained
Everyone’s asking if things are actually getting better and whether 2026 will be the year the administration says it will be. After 43 days of government shutdown, the data was wonky and expectations were low. Then the GDP number comes in north of 4%. That was a surprise to the upside. This number matters because it tells you how productive ...
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The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed. U.S. GDP, a sum of all goods and services produced in the sprawling U.S. economy, expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of third-quarter growth. CNBC's Rick Santelli breaks down the numbers. Read more: cnb.cx/4scydh7 | CNBC
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