The U.S. economy expanded at a pace of 4.3% in the third quarter, marking the fastest growth in two years.

Due to resilient consumers and business spending, as well as more stable trade policy support, the US economy expanded in the third quarter at its fastest pace in two years. The US Bureau of Economic Analysis reported on Tuesday that real GDP for the third quarter, adjusted for inflation, grew at an annual rate of 4.3%, compared to 3.8% in the previous quarter, also supported by household spending.