US GDP growth accelerates to two-year high, revised Q3 data shows

(Sharecast News) - The final reading of US gross domestic product for the third quarter of 2025 has been revised upwards to a two-year high, according to revised estimates from the Bureau of Economic Analysis on Thursday. The annual rate of GDP growth for the June-September quarter was adjusted to 4.4% from the initial reading of 4.3%, surprising economists who had expected no change from the flash estimate.

That's up from 3.8% year-on-year growth in the second quarter and a 0.6% decline in the first quarter, marking the strongest rate of economic expansion since the third quarter of 2023.

"Real GDP was revised up 0.1 percentage point from the initial estimate, primarily reflecting upward revisions to exports and investment that were partly offset by a downward revision to consumer spending. Imports were revised up," the BEA said.