The third quarter of 2025 brought a mix of resilience and uncertainty to the U.S. economy. After a slow start to the year, growth rebounded thanks to strong consumer spending, but persistent inflation, tariff-driven price pressures, and ongoing global conflicts kept markets on edge.

From the labor market showing early signs of cooling to record-high consumer debt, financial institutions faced a complex landscape. Geopolitical tensions continued to escalate, while oil prices fluctuated and trade policy uncertainty weighed on business confidence.

Curious about how these trends could impact banks, lending, and risk management strategies in the months ahead? In our full Q3 2025 Economic Recap, Kate Ledford breaks down the data, trends, and implications for financial institutions.

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