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US Economy Grows 3.4% in Q3, Boosted by Consumer Spending and AI Investments

US Economy Grows 3.4% in Q3, Boosted by Consumer Spending and AI Investments

US economy expands 3.4% in Q3 as consumer spending, AI investment rise
US economy expands 3.4% in Q3 as consumer spending, AI investment rise

The US economy grew at an annualised rate of 3.4% in Q3, beating forecasts of 3.2%, as resilient consumer spending and AI-driven investment offset the impact of higher oil prices.

US GDP expands 3.4% in Q3 as consumers and AI fuel growth
US GDP expands 3.4% in Q3 as consumers and AI fuel growth

The US economy grew at an annualised rate of 3.4% in the third quarter, driven by strong household spending and AI investments, exceeding economists' expectations of 3%.

US economy grows faster than expected 3.4%, driven by consumers, AI investment
US economy grows faster than expected 3.4%, driven by consumers, AI investment

The US economy grew faster than expected in the third quarter as resilient consumer spending and AI-driven business investment more than offset the impact of higher oil prices stemming from the...

US economy grew at brisk 3.4% pace in third quarter on strong consumer spending and AI investment
US economy grew at brisk 3.4% pace in third quarter on strong consumer spending and AI investment

The American economy – by far, the world’s biggest – has proven resilient in the face of higher energy prices caused by the fighting with Iran

Robust US growth, but momentum is cooling
Robust US growth, but momentum is cooling

NORTH AMERICA: The US economy expanded robustly in 3Q, driven by strong consumer performance. Business investment surged, led by tech-related activity, but with many inputs imported, net trade...

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