Consumer spending pushes US economy up 4.4% in third quarter, fastest in two years
Published on: Jan. 22, 2026, 11:13 p.m. | Source: CNBC TV18
The US economy grew at a 4.4% annual pace in the third quarter, the fastest in two years, driven by strong consumer spending, higher services consumption, rising business investment linked to AI, and a boost from net exports, even as hiring remains weak, cost-of-living pressures persist, and economic gains are concentrated among wealthier households.
