New Delhi, Oct. 29 -- The US economy grew at an annualised rate of 3.4 per cent in the July-September quarter of 2026, accelerating from 2.2 per cent in the previous quarter and exceeding market expectations, according to an advance estimate released by the US Bureau of Economic Analysis (BEA) on Thursday.

"Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the third quarter of 2026 (July, August, and September), according to the advance estimate released today by the U.S. Bureau of Economic Analysis," the release stated.

The BEA said investment, consumer spending and government expenditure contributed to the expansion. However, lower exports and higher imports partly offset the increase.

"The contributors ...