United States: 4.3% Growth in Third Quarter of 2025 Surprises Markets
The US economy recorded an unexpected expansion of 4.3% in the third quarter of 2025, according to official data released this Wednesday, December 24. This performance significantly exceeds economists' forecasts. Donald Trump is elated with this robust figure, which bolsters his economic narrative.
Unexpected economic acceleration in Q3 2025
Data from the Bureau of Economic Analysis show an annualized growth of 4.3% for the third quarter of 2025, up from 2.8% in the previous quarter. This increase is attributed to a 3.5% rise in household consumption, driven by spending on durable goods and services. Business investments surged by 5.2%, led by the manufacturing and technology sectors. Net exports contributed positively by 0.4 percentage points, despite a strong dollar.
This momentum occurs in a context of stable interest rates around 4.5% and unemployment at 4.1%. For French investors, this American strength highlights the resilience of the economy across the Atlantic in the face of geopolitical uncertainties. This growth surpasses the consensus estimates of 2.9%, marking a rebound after a more moderate first half of the year. All components of final demand increased, with a key role played by business inventories.
Donald Trump’s Enthusiastic Reaction
Donald Trump quickly praised these results, declaring that « the Trump economic golden age is at FULL steam, » while stating that economists « were wrong but 'TRUMP' and a few other geniuses were right. »
This statement comes as his team is preparing a package of tax measures estimated at $4 trillion over ten years. For European investors, this situation raises concerns about the impact of future protectionist policies on transatlantic trade flows.
This content has been automatically translated using artificial intelligence. While we strive for accuracy, some nuances may differ from the original French version.