US economy grew at 4.3% rate in third quarter
Figure surpasses expectations after growth boosted by consumer spending
Figure surpasses expectations after growth boosted by consumer spending

Rush by businesses to purchase tech equipment offsets deceleration in consumer spending

Figure signals improvement in the labour market after string of bleak data releases

Expansion of 0.3% marks a sharp slowdown from 0.7% in first three months of the year

Revised figures show GDP rose at a 0.7% rate in fourth quarter, down from earlier reading of 1.4%

Data relates to period before Middle East war triggered jump in energy prices

Better than expected performance comes after French output grows at fastest pace since 2023