Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the government said Thursday in a slight upgrade rom its first estimate.

WASHINGTON, Jan 22 (Reuters) - U.S. consumer spending increased solidly in November and October, likely keeping the economy on track for a third straight quarter of strong growth. Consumer spending, which accounts for more than two-thirds of economic activity,

It is fair to say that the relationship between sentiment and spending has broken down of late, with sentiment surrounding the economic outlook at levels historically consistent with static spending, whereas real consumer spending expanded at 3.5% growth in 3Q 2025.

US consumer confidence has collapsed to its weakest level in more than a decade, outstripping its pandemic lows and fuelling concerns about the health of the world’s biggest economy. The Conference Board’s consumer confidence index fell to 84.5 in January, well below market expectations and the lowest since May 2014.

By Lucia Mutikani WASHINGTON, Jan 22 (Reuters) - U.S. consumer spending increased solidly in November and October as households stepped up purchases of a range of goods and services, likely keeping the economy on track for a third straight quarter of strong growth.

U.S. consumer spending rose 0.5% in November, keeping economic growth strong as GDP surges and inflation data is distorted by the government shutdown.

At least half of the U.S. population will be hit by a powerful winter storm this weekend - we'll tell you how Oklahoma, and other states, are preparing. Plus, a look at how President Trump is using the military overseas as well inside the U.

The U.S. economy grew at a 4.4% growth in the third quarter of 2025, beating expectations of 3.3% as consumer spending and exports drive the strong performance.

Despite heavy investment in artificial intelligence, consumer spending remained the biggest contributor to U.S. economic growth in 2025

Solid consumer spending keeps growth resilient, but rising producer inflation complicates Fed rate-cut outlook