The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.

Elon Musk has never been shy about bold predictions, and his latest one goes straight at the heart of the U.S. economy. In a post highlighted by prediction‑market platform Kalshi, Musk said U.S. GDP will grow by “double digits” within the next 12 to 18 months, implying annual real growth of at least 10%.

The U.S. economy grew at a faster rate than expected in the latest quarter, as some economists anticipated Americans to ramp up spending in recent months, according to delayed data released Tuesday by the Commerce Department.

A long-delayed government report showed GDP grew at an annual 4.3% rate for the July through September quarter, beating expectations.

Tuesday’s report from the Commerce Department said U.S. gross domestic product up from its 3.8% growth rate in the April-June quarter.

The data, which was delayed from October by the government shutdown, comes as the economy takes center stage for voters and the Trump administration.

The unrelenting American consumer spends through a sour mood and a cooling labor market.

Household spending is increasingly divided between wealthy consumers who are helping to keep the economy humming and everyone else.