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Economics

US third quarter GDP expanded by 3.4 percent

Outlets agree that economic data shows 3.4% third-quarter growth, while noting a disconnect with public perception.

cargo ships docked at the pier during day
Illustrative photo · Andy Li / Unsplash

At a glance

  • The U.S. economy recorded 3.4% growth in the third quarter.13
  • Recent reporting indicates a disconnect between strong economic figures and voter satisfaction.12

The U.S. gross domestic product grew at a 3.4% rate during the third quarter.13

Recent data reflects overall economic strength.123

Despite positive figures, many voters express dissatisfaction with current economic conditions.12

Where sources agree

  • U.S. GDP grew 3.4% in the third quarter2 of 3
  • Data shows overall economic strength3 of 3
  • Public opinion on the economy remains negative2 of 3

Who covered this

3 National

Sources

  1. 1The New York TimesU.S. GDP Increased 3.4% in Third Quarter ↗
  2. 2NPRThe numbers say the U.S. economy is strong. These Americans aren't feeling it ↗
  3. 3CNBCThird-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates ↗

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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