US Economy - News, Updates and Discussion

Real gross domestic product (GDP)increased at an annual rate of 3.4 percent in the third quarter of 2026 (July, August, and September), according to the advance estimate released today by the U.S. Bureau of Economic Analysis (BEA). In the second quarter, real GDP increased 2.2 percent.


The US economy grew 3.4% in Q3. Huge growth for an economy the size of the US
 

Fed's Favorite Inflation Indicator Surges In September As Soaring Energy Costs Drags Americans' Savings Rate To 4-Year Lows​



Spending is accelerating while wage growth is decelerating...

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And that dragged Americans' savings rate tumbling to its lowest since Oct 2022...
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This is not good news... at all!
 
@Davey Crockett , @PakFactor , you will find this interesting.

While the usual suspects were fapping themselves into MAGA oblivion over the GDP growth, this report was released late today:


You know as I do the majority of the trucking companies are small companies. Usually 50 or so trucks or less. The result of this if the trend continues is higher costs due to the reduction in competition.
 

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