‘Trust In Trump’: White House Touts Economic Growth As Third Quarter Numbers Shatter Expectations

The United States economy grew more than expected over the summer, shattering expectations and marking a two-year high of economic growth.

The long-anticipated third-quarter GDP numbers — whose autumn release was delayed due to the government shutdown — dropped Tuesday, an early Christmas gift to President Donald Trump and his administration.

“Q3 GDP came in at 4.3%, BLOWING PAST expectations,” Trump wrote on Truth Social. “Economists got it WRONG, but “TRUMP,” and some other Geniuses, got it right.”

“The SUCCESS is due to Good Government, and TARIFFS,” the president added. “Consumer spending is STRONG, Net Exports are WAY UP, Imports and Trade Deficits are WAY DOWN, and there is NO INFLATION! Because of my Tax Bill (THE GREAT BIG BEAUTIFUL BILL) and TARIFFS, INVESTMENT IS SETTING RECORDS. The Trump Economic Golden Age is FULL steam ahead — ‘You haven’t seen anything yet!’ Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!”

The 4.3% growth rate beat forecasted growth by 1.2%, marking the strongest quarter of economic growth since 2023. The surge stemmed from increases in consumer spending, exports, and government spending. Imports fell, a notable factor because imports are subtracted from GDP.

Treasury Secretary Scott Bessent predicted this degree of growth earlier this month, saying, “The economy has been better than we thought,” Bessent said. “We’ve had the 4-4% GDP growth in a couple of quarters. We’re going to finish the year, despite the Schumer shutdown, with 3% real GDP growth.” 

Americans spent more on vehicles and prescription drugs in the third quarter, two sectors directly impacted by the Trump administration’s policy this year. Earlier in 2025, pharmaceutical giant AstraZeneca announced a $50 billion investment in the United States, reinforcing the administration’s push to reshore drug manufacturing. Meanwhile, the administration’s “Big Beautiful Bill” introduced a tax break on interest for loans on American-made vehicles, branded as “No Tax on Car Loan Interest.” 

Bessent has pledged to reduce deficit spending to 3% of GDP, a target he believes is achievable with the right monetary leadership. Central to that vision, he argues, is a Federal Reserve chair willing to let growth accelerate. Trump is expected to appoint a new chair in the coming weeks.

It remains to be seen whether Q3 momentum translated into Q4. A robust fourth quarter could reinforce the Trump administration’s vision of sustained economic expansion cultivated under policies with American-made production and a forward-thinking Federal Reserve, potentially setting the stage for a  “bountiful” 2026.

But until then, the White House will likely continue trumpeting this economic win well into the new year.

“The doubters, naysayers, panicans, and liberal media have been proven wrong — again,” White House Press Secretary Karoline Leavitt wrote on X Tuesday. “Trust in Trump. The President’s pro-growth policies are working, and the best is yet to come!”