**U.S. Economy Maintains 2.8% Growth in Q3: Consumer Spending and Business Investment Shine**

Revised figures show that the U.S. economy grew at an annual rate of 2.8% in the third quarter, maintaining the momentum as it heads into the critical holiday shopping season. This growth rate, which aligns with the initial estimate from last month, matches economists' expectations as polled by MarketWatch.

Consumer spending, a pivotal driver of GDP growth, increased at a robust 3.5% rate. While slightly lower than the original estimate of 3.7%, consumer spending remains a key force, comprising over two-thirds of the U.S. economic activity.

In another positive development, business fixed investment was revised upward, showing a 1.1% increase compared to the earlier 0.3% estimate. This adjustment underscores greater business confidence and investment in the economy.

However, corporate profits saw a slight decline of 0.3% in the third quarter, following a strong 3.6% gain in the second quarter. Apart from these changes, most other metrics in the GDP report remained steady.

The stability in these figures suggests a resilient economic outlook as the year-end approach, driven by strong consumer activity and improved business investments.