Gross domestic product increased at a 3.4% annualized rate last quarter, revised up from the previously reported 3.2% pace, the Commerce Department’s Bureau of Economic Analysis said in its third estimate of fourth-quarter GDP. Growth was boosted by strong consumer spending and business investment in nonresidential structures like factories and healthcare facilities. The report also showed profits rising at a solid clip last quarter, driven by nonfinancial corporations. The economy is growing faster than the 1.8% pace Fed officials regard as the non-inflationary rate of growth. It grew at a 4.9% pace in the July-September quarter, and expanded 2.5% in 2023, an acceleration from 1.9% in 2022. Growth estimates for the first quarter are around a 2.0% pace.
Market Insights – Week Ahead: January 20, 2026
January 20, 2026
