The U.S. economy grew by slightly more than previously estimated in the third quarter of 2025, according to a report released by the Commerce Department on Thursday.
The report said real gross domestic product spiked by 4.4 percent in the third quarter compared to the previously reported 4.3 percent surge. Economists had expected the pace of growth to be unrevised.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.