Strong consumer spending and surging investments in artificial intelligence have driven economic growth in the United States during the third quarter, according to new data. The report highlights a continued resilience in domestic demand as households maintain spending levels, while businesses channel significant resources into AI development. Analysts note the dual forces as key contributors to the latest economic expansion, reflecting both traditional consumer activity and emerging technological trends. The findings underscore the shifting priorities in the economy as innovation accelerates alongside traditional drivers of growth.
Robust consumer spending, AI-related investment power US economy in third quarter Reuters
