{"id":201003,"date":"2025-12-24T04:57:11","date_gmt":"2025-12-24T04:57:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/201003\/"},"modified":"2025-12-24T04:57:11","modified_gmt":"2025-12-24T04:57:11","slug":"consumer-spending-drives-fastest-us-economic-growth-in-two-years","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/201003\/","title":{"rendered":"Consumer spending drives fastest US economic growth in two years"},"content":{"rendered":"<p>The US economy grew at an annualized rate of 4.3% in the third quarter, the fastest growth in two years, outperforming economists\u2019 expectations on the back of strong consumer spending.<\/p>\n<p>The data released Tuesday, after being delayed by the government shutdown, comes amid lingering uncertainty over the impact of President Donald Trump\u2019s tariffs and growing concerns about affordability. But the figures showed that Americans continued to spend, especially on healthcare, even <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-12-23\/us-consumer-confidence-drops-for-fifth-straight-month\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">as consumer confidence is declining<\/a>.<\/p>\n<p>The mixed signals reflect \u201ca layer of policy chaos built on top of an economy that seems surprisingly resilient to that chaos,\u201d a co-host of Bloomberg\u2019s Odd Lots podcast told Ezra Klein. \u201cMaybe at some point, <a href=\"https:\/\/www.nytimes.com\/2025\/12\/23\/opinion\/ezra-klein-podcast-alloway-weisenthal.html\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">all that uncertainty<\/a>\u2026 eventually will hit.\u201d<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/12\/fadaac63e7701e0144e184702c23c619b3d20625-2132x2156.png\" alt=\"Chart showing US real GDP growth\" width=\"800\" height=\"809\" decoding=\"async\" loading=\"lazy\" fetchpriority=\"high\" class=\"styles_imageEmbed__QsLwb styles_fullContentArea__zXct_\" style=\"color:transparent\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"The US economy grew at an annualized rate of 4.3% in the third quarter, the fastest growth in&hellip;\n","protected":false},"author":2,"featured_media":201004,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":{"0":"post-201003","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-il","11":"tag-israel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/201003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=201003"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/201003\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/201004"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=201003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=201003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=201003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}