GDP increased 4.3% in third quarter of 2025

Real gross domestic product (GDP) increased at an annual rate of 4.3% in the third quarter of 2025 (July, August, and September), according to the initial estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.8%.

“Third quarter GDP surprised to the upside and the mix of growth was broad and healthy. Questions remain as to whether households can continue to power growth as consumption outpaced income. But this is a positive report that will ease concerns of a looming slowdown, and credit unions stand ready to support their members to take advantage of a more favorable economic environment—whether that’s in the form of helping consumers better plan for the future, opening new businesses, or preparing to make important purchases for themselves and their families,” said America’s Credit Unions Chief Economist Curt Long.