# U.S. GDP Forecast at 2.5% in Q3; Year-Over-Year Core PCE Inflation Seen at 3.1% By John Kim Canonical URL: https://www.tokenpost.com/news/business/43337 Published: 2026-10-29T08:15:02.000Z Updated: 2026-10-29T08:15:02.000Z Section: Business > Consumer spending and investment are expected to support growth, while net exports and inventories could weigh on it. The projected year-over-year increase in the core personal consumption expenditures price index ris… TD Securities expects U.S. gross domestic product (GDP) to grow 2.5% in the third quarter, with consumer spending and investment supporting activity as net exports and inventories could weigh on growth. The projection is above the 2.2% growth recorded in the second quarter, when GDP growth slowed from 2.5% in the first quarter. TokenPost covered the [second-quarter GDP report](). TD Securities also projects the year-over-year increase in the core personal consumption expenditures (PCE) price index to reach 3.1%, up from 3%. ## Links in this article - [second-quarter GDP report](https://www.tokenpost.com/news/investing/38694)