US GDP grows at a 3.4% annual rate in Q3, with equipment investment led by computers

BEA chart of quarterly real GDP growth through the third quarter of 2026 — U.S. Bureau of Economic Analysis

BEA's advance estimate, up from 2.2% in Q2, says information processing equipment, mainly computers and peripherals, led the rise in equipment investment; real final sales to private domestic purchasers rose 4.9%.

Read at U.S. Bureau of Economic Analysis

More from Snape Report

Nasdaq slides 2.9% as Intel has its worst day since the 1970s and chip stocks fall
Apple says Apple Intelligence features will reach China with iOS 27.3, using Alibaba's Qwen in Siri and Writing Tools
Intel shares fall 29%, their worst day since the 1970s, cutting about $12 billion from the US government's stake
Mistral releases open weights for Mistral Large 4, its 1-trillion-parameter model
S&P revises Meta's outlook to negative over AI capital spending and negative free cash flow
Google's Suncatcher satellite returns the first AI response from a data-centre TPU in orbit
Five tech giants hold more than $3 trillion in future AI spending commitments, Bloomberg tally finds
Anthropic renames Claude Max 20x to Ultra and drops the 5-hour limit for verified Ultra accounts

Front page →