---
title: "US Economy Expected to Grow 3% in Q4"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/276422583.md"
description: "The US economy is projected to grow at an annualized rate of 3.0% in Q4 2025, down from 4.4% in Q3. Consumer spending is expected to remain strong, supported by health care and asset market gains, but will moderate to 2.5%. Investment in non-residential structures and residential construction will remain subdued, while equipment investment may rise due to the AI boom. Government spending is anticipated to slow, and both exports and imports are expected to increase modestly, contributing to GDP growth."
datetime: "2026-02-20T07:55:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276422583.md)
  - [en](https://longbridge.com/en/news/276422583.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276422583.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/276422583.md) | [繁體中文](https://longbridge.com/zh-HK/news/276422583.md)


# US Economy Expected to Grow 3% in Q4

The US economy is expected to have grown at an annualized rate of 3.0% in Q4 2025, slowing from 4.4% in the previous quarter.

According to the Atlanta Fed's GDPNow, consumer spending is anticipated to remain solid, supported by health care expenditures and gains in asset markets, though likely moderating to 2.5% from 3.5% in Q3.

Investment in non-residential structures and residential construction is expected to stay subdued, while equipment investment may continue to expand, boosted by the ongoing AI boom.

Inventories are projected to be largely unchanged in Q4, which would provide a positive contribution to GDP following sharp inventory declines in both Q2 and Q3.

Government spending is expected to slow, with state and local expenditures showing moderate growth, while federal outlays are likely to decline following the longest government shutdown on record.

On the external front, both exports and imports are forecast to rise modestly, contributing slightly to overall GDP growth.

### 相关股票

- [Global X Robotics & Artificial (BOTZ.US)](https://longbridge.com/zh-CN/quote/BOTZ.US.md)
- [Fidelity Nasdaq Composite Index ETF (ONEQ.US)](https://longbridge.com/zh-CN/quote/ONEQ.US.md)
- [Global X NASDAQ 100 Collar 95-110 ETF (QCLR.US)](https://longbridge.com/zh-CN/quote/QCLR.US.md)
- [Global X Data Center & Dgtl Infrs ETF (DTCR.US)](https://longbridge.com/zh-CN/quote/DTCR.US.md)
- [SPDR S&P Software (XSW.US)](https://longbridge.com/zh-CN/quote/XSW.US.md)
- [Franklin Exponential Data ETF (XDAT.US)](https://longbridge.com/zh-CN/quote/XDAT.US.md)
- [iShares Semiconductor ETF (SOXX.US)](https://longbridge.com/zh-CN/quote/SOXX.US.md)
- [SPDR S&P Semicon (XSD.US)](https://longbridge.com/zh-CN/quote/XSD.US.md)
- [Financial Select Sector SPDR Fund (XLF.US)](https://longbridge.com/zh-CN/quote/XLF.US.md)
- [Ark Genomic Revolution ETF (ARKG.US)](https://longbridge.com/zh-CN/quote/ARKG.US.md)
- [First Trust Cloud Computing (SKYY.US)](https://longbridge.com/zh-CN/quote/SKYY.US.md)
- [Dow Jones Industrial Average (.DJI.US)](https://longbridge.com/zh-CN/quote/.DJI.US.md)
- [Invesco QQQ Trust (QQQ.US)](https://longbridge.com/zh-CN/quote/QQQ.US.md)
- [Global X Cloud Computing ETF (CLOU.US)](https://longbridge.com/zh-CN/quote/CLOU.US.md)
- [Proshares UltraPro QQQ (TQQQ.US)](https://longbridge.com/zh-CN/quote/TQQQ.US.md)
- [Ark Innovation ETF (ARKK.US)](https://longbridge.com/zh-CN/quote/ARKK.US.md)
- [VanEck Semiconductor ETF (SMH.US)](https://longbridge.com/zh-CN/quote/SMH.US.md)
- [ISHRS S&P Glb It (IXN.US)](https://longbridge.com/zh-CN/quote/IXN.US.md)
- [Proshares Big Data Refiners ETF (DAT.US)](https://longbridge.com/zh-CN/quote/DAT.US.md)
- [First Trust Nasdaq Cybersecurity (CIBR.US)](https://longbridge.com/zh-CN/quote/CIBR.US.md)
- [NASDAQ-100 (.NDX.US)](https://longbridge.com/zh-CN/quote/.NDX.US.md)
- [iShares US Digital Infrastructure and Real Estate ETF (IDGT.US)](https://longbridge.com/zh-CN/quote/IDGT.US.md)
- [Dow Jones Utility Average (.DJU.US)](https://longbridge.com/zh-CN/quote/.DJU.US.md)
- [Invesco Nasdaq 100 ETF (QQQM.US)](https://longbridge.com/zh-CN/quote/QQQM.US.md)
- [VG Financial (VFH.US)](https://longbridge.com/zh-CN/quote/VFH.US.md)
- [S&P 500 (.SPX.US)](https://longbridge.com/zh-CN/quote/.SPX.US.md)
- [Invesco Semiconductors ETF (PSI.US)](https://longbridge.com/zh-CN/quote/PSI.US.md)
- [Fidelity MSCI Financials Index (FNCL.US)](https://longbridge.com/zh-CN/quote/FNCL.US.md)
- [NASDAQ Composite Index (.IXIC.US)](https://longbridge.com/zh-CN/quote/.IXIC.US.md)
- [iShares Future AI & Tech ETF (ARTY.US)](https://longbridge.com/zh-CN/quote/ARTY.US.md)
- [ISHRS Us Brokers & Sec Exchg (IAI.US)](https://longbridge.com/zh-CN/quote/IAI.US.md)
- [First Trust NASDAQ-100 Equal Weighted (QQEW.US)](https://longbridge.com/zh-CN/quote/QQEW.US.md)

## 相关资讯与研究

- [How insulated is the US economy from the Iran war?](https://longbridge.com/zh-CN/news/281587491.md)
- [FED CHAIR POWELL Q&A/HARVARD:  WE 'LL AWARE GRADUATES FACING VERY LOW JOB CREATION; BUT US ECONOMY 'INCREDIBLY DYNAMIC,' FLEXIBLE; VERY OPTIMISTIC](https://longbridge.com/zh-CN/news/281047289.md)
- [Fed's Powell tells students to be optimistic about US job market, AI](https://longbridge.com/zh-CN/news/281049373.md)
- [The outlook for the U.S. economy is now a lot worse than just two weeks ago, economists say](https://longbridge.com/zh-CN/news/281556597.md)
- [Franchetti boosts 2025 growth and outlines expansion plan through 2030](https://longbridge.com/zh-CN/news/281069682.md)