Marketplace · Thursday, October 29, 2026
Kai Risdahl reported that the US economy grew at an annualized rate of 3.4% in the third quarter, outperforming the previous quarter. However, inflation also rose, with the personal consumption expenditures price index reaching 3.6% in September.
“In the third quarter, that is July through September, gross domestic product grew at an annualized rate of 3.4 percent.”
“The personal consumption expenditures price index, PCE in the vernacular, was up 3.6 percent in September.”