US GDP grows 3.4% in the third quarter as inflation rises

FinanceInternationalEl EspectadorOct 29, 2026, 9:41 AM30 s readAI summary

The US economy grew 3.4% in the third quarter, above the 3.1% expected by analysts and the 2.2% of the previous quarter, according to the Bureau of Economic Analysis. The gain came from investment, consumer spending and government spending, partly offset by a decline in exports. PCE inflation stood at 3.6% year-on-year in September, with a monthly rise of 0.5%, in a outlook marked by higher gasoline prices.

In 30 seconds

GDP grew 3.4% in the third quarter, versus the expected 3.1% and the previous 2.2%.
Investment, consumer spending and government spending drove growth; exports fell.
PCE inflation was 3.6% year-on-year in September and 0.5% month-on-month.

Read the full story at El Espectador

IASummary generated by artificial intelligence from a story by El Espectador. It may contain errors: the original source prevails.

PIB
inflación
Estados Unidos
Reserva Federal
gasolina

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US GDP grows 3.4% in the third quarter as inflation rises

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

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