White House / President·Economy

Economy grew at a 3.4% pace last quarter, but September inflation rose to 3.6% from a year earlier

Published 6:00 AM CT, Friday, October 30, 2026 · Updated 6:08 AM CT
In the 6 AM CT update

Real GDP grew at a 3.4% annual rate in the third quarter, up from 2.2% in the second quarter, led by investment, consumer spending and government spending, the Bureau of Economic Analysis said Thursday. In a separate report, the PCE price index rose 0.5% in September and 3.6% from a year earlier, or 3.1% excluding food and energy. Real disposable income fell 0.3% in September and the saving rate was 3.8%, the bureau said.

• Economy
• GDP
• Inflation
• PCE price index
• Bureau of Economic Analysis
• Consumer spending
• Disposable income
• Federal Reserve
• Cost of living