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EconomyAI investment and consumer spending likely boosted US third-quarter growth

US economic growth likely picked up in the third quarter, with resilient consumer spending and AI-driven business investment more than compensating for the effect of higher oil prices linked to the conflict in the Middle East.

US economyeconomic growthconsumer spendingAI investment

RReuters★★★☆☆2026-10-29 06:00Original

AI investment and consumer spending likely boosted US third-quarter growth
AI investment and consumer spending likely boosted US third-quarter growthEconomy