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

The Hill - Oct 29, 2026

U.S. economic growth increased in the third quarter, as the surge in artificial intelligence investment continued and consumers kept spending despite persistent inflation. The country’s gross domestic product (GDP) increased at an annual rate of 3.4 percent from July through September, preliminary data from the Bureau of Economic Analysis (BEA) showed Thursday. The BEA will...

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

More News

U.S. GDP Increased 3.4% in Third Quarter

In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation

Inflation Accelerated in October, PCE Index Shows

Putin: Russia in 'close contact' with 'genius' Musk over satellite networks

Website leaks data on more than 40,000 DHS employees

Live updates: Trump, Obama, Vance hit key states in midterm sprint

FEC electronic filing system back online after multiday outage

Meta, Snap head back to Los Angeles court for social media addiction trial

Fed Holds Rates Steady Despite Lack of Progress on Inflation

Fed Holds Rates Steady Despite Lack of Progress on Inflation

Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year

House Democrat: Paper ballots protect against Musk's potential election hacking

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