That news gives "fresh hope that a stubbornly slow-footed recovery could be gaining speed," writes Chico Harlan at The Washington Post.
The Commerce Department made the announcement Thursday, stating that the U.S. economy grew at a 3.5 percent annualized rate from July to September. The growth beat expectations, despite "mounting concerns about the health of overseas economies," The Wall Street Journal reports. American consumer spending remained solid during the third quarter, and the U.S. trade deficit shrank.
The news comes after the Federal Reserve announced Wednesday that it would end its bond-buying program. Alan MacEachin, an economist at the Navy Federal Credit Union, told the Post that the growth "pretty much makes us the envy of the world, with the exception of China."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Marie Antoinette Style at the V&A: a ‘magnificent’ exhibitionThe Week Recommends The UK’s first show dedicated solely to the French queen explores the complex woman behind the ‘bling’
-
8 riveting museum exhibitions on view in the fallThe Week Recommends See Winslow Homer rarities and Black art reimagined
-
Crossword: September 18, 2025The Week's daily crossword
-
Florida erases rainbow crosswalk at Pulse nightclubSpeed Read The colorful crosswalk was outside the former LGBTQ nightclub where 49 people were killed in a 2016 shooting
-
Trump says Smithsonian too focused on slavery's illsSpeed Read The president would prefer the museum to highlight 'success,' 'brightness' and 'the future'
-
Trump to host Kennedy Honors for Kiss, StalloneSpeed Read Actor Sylvester Stallone and the glam-rock band Kiss were among those named as this year's inductees
-
White House seeks to bend Smithsonian to Trump's viewSpeed Read The Smithsonian Institution's 21 museums are under review to ensure their content aligns with the president's interpretation of American history
-
Charlamagne Tha God irks Trump with Epstein talkSpeed Read The radio host said the Jeffrey Epstein scandal could help 'traditional conservatives' take back the Republican Party
-
CBS cancels Colbert's 'Late Show'Speed Read 'The Late Show with Stephen Colbert' is ending next year
-
Shakespeare not an absent spouse, study proposesspeed read A letter fragment suggests that the Shakespeares lived together all along, says scholar Matthew Steggle
-
New Mexico to investigate death of Gene Hackman, wifespeed read The Oscar-winning actor and his wife Betsy Arakawa were found dead in their home with no signs of foul play
