The US economy expanded at an annual rate of 4.3 percent in the third quarter, marking the strongest growth in two years. The report, delayed by the US government shutdown, showed consumer spending jumped and exports increased, outperforming many forecasts. This growth figure was better than expected, surpassing the 3.8 percent growth rate in the previous quarter.

According to Aditya Bhave, senior economist at Bank of America, the economy has defied doom and gloom expectations since the beginning of 2022. Speaking to the BBC's Business Today programme, Bhave described the economy as "very, very resilient." He added, "I don't see why that wouldn't continue going forward."

The report highlights an economy that has been buffeted by dramatic changes to trade and immigration policies, as well as persistent inflation and cuts to government spending. Despite these challenges, the underlying economy has maintained solid momentum. The growth rate of 4.3 percent was driven by a 2.1 percent increase in consumer spending and a 3.5 percent rise in exports.

The US economy's resilience has been a subject of interest among economists and investors. Bhave noted that the economy has been able to adapt to the changing policies and maintain its growth trajectory. "This is an economy that has shown remarkable ability to absorb shocks and continue growing," he said.

The growth rate of 4.3 percent is significant, as it is the strongest growth in two years. This growth rate is also higher than the 3.8 percent growth rate in the previous quarter. The report suggests that the economy is gaining momentum, and this growth is expected to continue.

The US government shutdown delayed the release of the report, but its publication has provided valuable insights into the economy's performance. The report has been closely watched by economists and investors, who are looking for signs of economic growth and stability.

As the economy continues to grow, investors and businesses are likely to take note of the report's findings. The growth rate of 4.3 percent suggests that the economy is on a solid footing, and this growth is expected to continue. However, the economy still faces challenges, including persistent inflation and cuts to government spending.

The report's publication has sparked a range of reactions from economists and investors. While some have expressed optimism about the economy's growth prospects, others have raised concerns about the challenges that lie ahead. As the economy continues to evolve, it will be closely watched by economists and investors, who are looking for signs of growth and stability.