Third-Quarter GDP Growth Revised Higher as Exports Strengthen

10:58 AM EST, 01/22/2026 (MT Newswires) -- The US economy grew in the third quarter at a slightly stronger pace than initially estimated as readings for exports and investment were revised higher, the Bureau of Economic Analysis said Thursday.

Real gross domestic product in the world's largest economy increased at a 4.4% annualized rate in the September quarter, according to the BEA's updated estimate. Prior data showed that GDP rose by 4.3%.

The consensus was for an unrevised print in a survey compiled by Bloomberg. In the second quarter, real GDP expanded 3.8%.

The latest GDP growth figure is the fastest in two years, the data showed. The BEA said it will no longer issue a third estimate for GDP after the recent federal government shutdown delayed economic data flow.

The growth estimate for exports in the September quarter was revised to 9.6% from an initial 8.8%, while private domestic investment rebounded to a flat reading from the preliminary estimate of a 0.3% contraction.

Growth in consumer spending, as measured by personal consumption expenditures, was unrevised at 3.5%, though goods and services figures were downgraded.

The rise in core PCE price index, which is the Federal Reserve's preferred inflation metric and excludes volatile food and energy prices, remained at 2.9%.

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