The Bureau of Economic Analysis released its first estimate of third-quarter GDP on October 29, 2026, showing 3.4% real growth and a 2.3% price index, with nominal GDP near 6%. Personal consumption came in close to 4% and equipment spending rose almost 20% annualized, while national debt reached 100% of GDP for the first time since 1946. The discussion has split: one read treats 6% nominal growth as support for 5% Treasury yields, another calls it a boom economy that requires further Fed hikes. Reporting on a saving rate of 3.8% and flat September spending, half of growth from AI data centers, and a near-record-low sentiment reading now questions how durable the consumer side is.