I feel like almost every time I write about economic numbers, the outcome is described as “unexpected” by economists. The cooling inflation was unexpected, the growth in the GDP figures released in September was unexpected… etc., etc.
I won’t complain, though, because Tuesday's news is good:
The US economy grew at an unexpectedly strong pace of 4.3% in the third quarter — the highest rate in two years — according to a government report released Tuesday.
Vigorous consumer spending on services such as health care and products like recreational vehicles fueled the surge in the gross domestic product, which is comprised of the value of all goods and services produced across the economy, for the July through September quarter.
The inflation-adjusted annual rate of 4.3% marked an uptick from 3.8% growth the previous quarter and beat analyst expectations of 3.2% growth, according to economists polled by The Wall Street Journal.
The Commerce Department’s report was delayed by the Schumer Shutdown and reflects third-quarter results, even though we’re at the end of the fourth quarter for the year.
Well would you look at that.
— Spencer Brown (@itsSpencerBrown) December 23, 2025
Estimated Q3: 3.2%
Actual Q3: 4.3% pic.twitter.com/3BwIosaU9r
READ MORE: Dems and Liberal Media Pundits Sure to Mourn As Revised GDP Numbers Come In
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Not all the numbers are as positive, however, with unemployment rising to 4.6 percent in November, which is a four-year high. Inflation is nowhere near the four-decade high of 9.1 percent we experienced under Joe Biden in 2022, but prices are rising at 2.9 percent, which is above the two percent the Federal Reserve has targeted.
Nevertheless, President Trump was enthusiastic and said the GDP growth was proof that his policies were working:
Donald J. Trump Truth Social 12.23.25 10:11 AM EST pic.twitter.com/04lZ4pJiCP
— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) December 23, 2025
Q3 GDP came in at 4.3%, BLOWING PAST expectations of 3.2%. 60 of 61 Bloomberg Economists got it WRONG, but “TRUMP,” and some other Geniuses, got it right. The SUCCESS is due to Good Government, and TARIFFS. Consumer spending is STRONG, Net Exports are WAY UP, Imports and Trade Deficits are WAY DOWN, and there is NO INFLATION!
Wow.
— Geiger Capital (@Geiger_Capital) December 23, 2025
US Q3 GDP:
+4.3% vs 3.3% exp.
Recession from Q1 canceled. Strong growth. pic.twitter.com/bFnK30FM8e
The success is due to the One Big Beautiful Bill and tariffs, Trump contended:
Because of my Tax Bill (THE GREAT BIG BEAUTIFUL BILL) and TARIFFS, INVESTMENT IS SETTING RECORDS. The Trump Economic Golden Age is FULL steam ahead — “You haven’t seen anything yet!” Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!
The Democrats have made “affordability” their key battle cry as of late, but the administration has picked up on this theme as well and is touting record-low gas prices and growth in real incomes. It seems to be working, as poll numbers have improved for the president.
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What will the Democrats do with all this positive economic news? If things keep going this way, they might have to gin up another Russia collusion conspiracy theory because their “Trump economic malaise” narrative falls apart when you have “unexpectedly” high growth.
Keep it coming.
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