Trump Economy Report Claims 3.4% Q3 GDP Growth and Record Investment Surge

October 29, 2026

The White House released a statement announcing that U.S. GDP grew at a 3.4% annual rate in the third quarter of 2026. It states this is the strongest pace in a year. The release highlights a 9.4% surge in private investment in plants and equipment, a nearly 13% rise in business investment, and consumer spending growth of 3.8%. It attributes these figures to President Trump’s agenda of lower taxes, fewer regulations, energy dominance, and America First trade.

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