Economy
US growth reaches 3.4% while PCE inflation rises to 3.6%
GDP grew at a 3.4% annualised pace in the third quarter, above the 3.1% estimate. The PCE price index rose 0.5% in September and 3.6% from a year earlier.
Source published · In the Weekly Review of 1 November 2026
Filed under Economy
Third-quarter GDP grew at an annualised 3.4%, beating the 3.1% estimate. The personal consumption expenditures price index rose 0.5% in September, the largest monthly gain since March, and 3.6% from a year earlier; excluding food and energy it rose 0.3% and 3.1%.
The Bureau of Economic Analysis reported that the personal saving rate was 3.8% in September.