U.S. gross domestic product from July through September — the economy’s total output of goods and services — rose from its 3.8% growth rate in the April-June quarter, the Commerce Department said.

The consensus among experts is that growth in the fourth quarter and in 2026 will be positive, though likely less robust than the pace identified in the third quarter. Most major bank research teams expect growth to decelerate in the fourth quarter but remain steady in the new year — at a pace of about 2 percent.

Household spending is increasingly divided between wealthy consumers who are helping to keep the economy humming and everyone else.

If the American economy is a three-legged stool, one of those legs is broken, the other is wobbly and the final one is holding it all up (for now). That’s how Mark Zandi, chief economist at Moody’s Analytics described the results of his analysis of ...

The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, driven by consumers who continue to spend in the face of ongoing inflation.