US GDP Expands 3.1% in Q3, Beating Forecasts on Strong Consumer Spending

The US economy grew by 3.1% in Q3 2025, surpassing market estimates amid easing inflation and resilient consumer demand. Government data showed personal consumption rose 2.5%, led by durable goods and services. Economists say the results confirm a soft-landing trajectory for the world’s largest economy, calming recession fears while maintaining expectations for a gradual Fed rate cut cycle starting in December.