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US GDP grew by 3.4 percent in third quarter amid AI investment boom

The Hill·October 29, 2026·1 min read
US GDP grew by 3.4 percent in third quarter amid AI investment boom

US GDP grew at an annual rate of 3.4% in the third quarter, according to preliminary data from the Bureau of Economic Analysis. The growth was driven by a surge in artificial intelligence investment and continued consumer spending despite persistent inflation, signaling a strong economy.

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