Mumbai, Dec. 24 -- A report released by the Commerce Department on Tuesday showed the U.S. economy grew by much more than expected in the third quarter of 2025.
The Commerce Department said real gross domestic product spiked by 4.3 percent in the third quarter after surging by 3.8 percent in the second quarter.
The stronger than expected GDP growth in the third quarter reflected increases in consumer spending, exports, and government spending that were partly offset by a decrease in investment.
The report also said the acceleration in the pace of GDP growth compared to the previous quarter reflected a smaller decrease in investment, an acceleration in consumer spending, and upturns in exports and government spending.
On the inflation fr...