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Story perspectives

U.S. GDP Growth Steady Amid Labor Strength and Inflation Ease

11/28/2025

34 3 Full Breakdown

Summary

Story summary

U.S. GDP growth remains strong, with Q2 revised to 3.8% and Q3 tracking at 3.9%.
Retail sales increased modestly, and initial jobless claims fell to 216,000, signaling ongoing labor strength.
The Chicago PMI dropped to 36.3, indicating regional contraction.
Inflation is subdued, with November prices showing only a slight increase.
The federal deficit reached $1.8 trillion, while tax receipts hit a record $5.3 trillion.

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Story summary

U.S. GDP growth remains strong, with Q2 revised to 3.8% and Q3 tracking at 3.9%.
Retail sales increased modestly, and initial jobless claims fell to 216,000, signaling ongoing labor strength.
The Chicago PMI dropped to 36.3, indicating regional contraction.
Inflation is subdued, with November prices showing only a slight increase.
The federal deficit reached $1.8 trillion, while tax receipts hit a record $5.3 trillion.