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

According to TechFlow, on December 23, supported by resilient consumer and business spending as well as more stable trade policies, the U.S. economy expanded at its fastest pace in two years during the third quarter. The U.S. Bureau of Economic Analysis reported on Tuesday that the inflation-adjusted annualized quarterly growth rate of the U.S. real GDP for the third quarter was 4.3%, compared to a growth rate of 3.8% in the second quarter, which was also supported by household spending.