US growth surges but the signals are mixed
The US economy grew at a 4.3% annualized rate in Q3 — far above expectations.
The headline number reflects a sharp rebound driven by:
- Consumer spending, particularly healthcare and computing
- Government defense outlays
- Exports, alongside falling imports that boosted net trade
But beneath the surface, the picture is more complex. Consumer confidence is weakening, business investment slowed, and economists warn the bar for sustained growth in Q4 is now extremely high — especially as shutdown effects and tariff dynamics filter through.
Source: https://www.ft.com/content/fea44f00-6e54-4bd0-b722-6b029ad4411c
