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US Economy Surges 3.4% in Q3, Driven by Consumer Spending and AI Investment

US Economy Surges 3.4% in Q3, Driven by Consumer Spending and AI Investment

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% in 3Q, driven by consumers, AI investment
US economy grows faster than expected 3.4% in 3Q, 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

Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates
Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates

The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.

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