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.
Sources
- White House News (October 29, 2026): https://www.whitehouse.gov/releases/2026/10/president-trump-unleashes-the-american-economy-gdp-surges-as-investment-hits-multi-year-high
- U.S. Bureau of Economic Analysis, GDP (Advance Estimate), 3rd Quarter 2026 (October 29, 2026): https://www.bea.gov/news/2026/gdp-advance-estimate-3rd-quarter-2026