U.S. economic growth in the third quarter was 3.4%, exceeding market expectations
2026-10-29 20:54:48
According to CoinMeta, the U.S. economy grew at an annual rate of 3.4% in the third quarter, higher than the 2.2% in the second quarter and analysts' forecast of 3.2%. The boom in artificial intelligence investment continues to drive economic growth. Since the beginning of this year, U.S. companies have made significant investments in artificial intelligence data centers and high-tech equipment, providing important support for economic growth. Despite ongoing inflationary pressures, consumers have maintained strong spending. Federal Reserve Chairman Jerome Powell stated that the momentum of economic growth has strengthened, consumer spending is performing robustly, and capital expenditure as a proportion of GDP is at a historical high. U.S. President Donald Trump described the U.S. economy as "the hottest economy in the world." The growth rate of the U.S. economy continues to exceed that of other member countries of the G7 ( G7).
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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